Condition of Collateral; No Liens. Maintain the Collateral in good condition and repair at all times, preserve the Collateral from loss, damage, or destruction of any nature whatsoever, and keep the Collateral free and clear of any mortgage, security interest, assignment, pledge, hypothecation, or other lien or encumbrance, except the liens created by this Agreement and any identified on Schedule 5 to this Agreement.
Appears in 2 contracts
Samples: Loan and Security Agreement (Judge Group Inc), Loan and Security Agreement (Judge Group Inc)
Condition of Collateral; No Liens. Maintain the Collateral in good condition and repair at all times, preserve the Collateral from loss, damage, or destruction of any nature whatsoever, and and, except as permitted by this Agreement, keep the Collateral free and clear of any mortgage, security interest, assignment, pledge, hypothecation, or other lien or encumbrance, except the liens created by this Agreement and any identified on Schedule 5 to this Agreement.
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Measurement Specialties Inc)
Condition of Collateral; No Liens. Maintain the Collateral in good condition and repair at all times, preserve the Collateral from loss, damage, damage or destruction of any nature whatsoever, and keep the Collateral free and clear of any mortgage, security interest, assignment, pledge, hypothecation, or other lien or encumbrance, except the liens created in favor of Lender or permitted by this Agreement and any identified on Schedule 5 to this Agreement.
Appears in 1 contract
Samples: Credit and Security Agreement (Money Centers of America, Inc.)
Condition of Collateral; No Liens. Maintain the Collateral in good condition and repair at all times, preserve the Collateral from loss, damage, or destruction of any nature whatsoever, and keep the Collateral free and clear of any mortgage, security interest, assignment, pledge, hypothecation, or other lien or encumbrance, except the liens created by this Agreement and any identified on Schedule 5 to this AgreementPermitted Liens.
Appears in 1 contract
Samples: Loan and Security Agreement (Community Distributors Inc)