Covenants Concerning the Collateral. During the Term, Borrower covenants that it shall:
Covenants Concerning the Collateral. Company covenants that from and after the date of this Agreement and until the Obligations are paid in full in cash it shall:
Covenants Concerning the Collateral. 46 9. Collection and Maintenance of Collateral and Records....................................................47 10. Inspections.............................................................................................49 11.
Covenants Concerning the Collateral. (a) Each Borrower shall immediately inform the Administrative Agent of (1) any dispute in excess of $250,000 with a Customer and (2) the bankruptcy, insolvency, receivership, assignment for the benefit of creditors or suspension of business of any material Customer of which such Borrower has knowledge. No Borrower shall compromise or discount any Receivable without the prior written consent of the Administrative Agent except for (i) ordinary trade discounts or allowances for prompt payment, and (ii) prior to the occurrence of an Event of Default, such compromises or discounts that, after giving effect thereto, will not cause the Borrowing Base to be less than the unpaid principal balance of the Revolving Credit Exposure then outstanding.
Covenants Concerning the Collateral. (a) Each Borrower shall immediately inform the Administrative Agent of (1) any dispute in excess of $500,000 with a Customer and (2) the bankruptcy, insolvency, receivership, assignment for the benefit of creditors or suspension of business of any material Customer of which such Borrower has knowledge. No Borrower shall compromise or discount any Receivable without the prior written consent of the Administrative Agent except for ordinary trade discounts or allowances for prompt payment.
Covenants Concerning the Collateral. The Credit Parties covenant that they shall:
Covenants Concerning the Collateral. 7.1. Debtor covenants with Coral that while this Security Agreement remains in effect, that except for the security interest herein granted and the deposit of the Collateral with the Escrow Agent under the Escrow Agreement, Debtor is and shall be the owner of or have other transferable rights in the Collateral free from any right or claim of any other person or any Lien, security interest or other encumbrance, and Debtor shall defend the same against all claims and demands of all persons at any time claiming the same or any interest therein adverse to Coral. Debtor shall not pledge, mortgage or create, or suffer to exist any right of any person in or claim by any person to the Collateral, or any security interest, Lien or other encumbrance in the Collateral in favor of any person other than Coral; nor permit any person, other than Coral, to file any financing statement or security interest in the Collateral.
Covenants Concerning the Collateral. ETL covenants that:
Covenants Concerning the Collateral. During the Term, Borrower covenants as to itself and each Subsidiary Guarantor and each Subsidiary Guarantor covenants as to itself that it shall:
Covenants Concerning the Collateral. During the Term, Borrowers covenant that they shall:
