Collateral Status. The Grantors will promptly notify the Administrative Agent if there is any adverse change in the status of the Collateral that would reasonably be expected to have a Material Adverse Effect or that would materially and adversely affect the ability of any Grantor or the Administrative Agent to dispose of the Collateral or any material portion thereof, or the rights and remedies of the Administrative Agent in relation thereto, including, without limitation, the levy of any legal process against the Collateral or any material portion thereof.
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Samples: General Security Agreement (Main Street Capital CORP), General Security Agreement (Triangle Capital CORP), General Security Agreement (Main Street Capital CORP)
Collateral Status. The Grantors will promptly notify the Administrative Agent if there is any adverse change in the status of the Collateral that would reasonably be expected to have a Material Adverse Effect or that would materially and adversely affect the ability of any Grantor or the Administrative Agent to dispose of the Collateral or any material portion thereof, or the rights and remedies of the Credit Agreement - Page 156 116414841 v.12 Administrative Agent in relation thereto, including, without limitation, the levy of any legal process against the Collateral or any material portion thereof.
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