Common use of Covenants Regarding Collateral Clause in Contracts

Covenants Regarding Collateral. (a) Shall use the Collateral only in the ordinary course of its business and will not permit the Collateral to be used in violation of any applicable law or policy of insurance;

Appears in 5 contracts

Samples: Loan and Security Agreement (Cryolife Inc), Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (Dreams Inc)

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Covenants Regarding Collateral. (a) Shall use the Collateral only in the ordinary course of its business and will shall not permit the Collateral to be used in violation of any applicable law or policy of insurance;

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (G8wave Holdings, Inc.)

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