Appears in 200 contracts

Samples: Business Loan Agreement (LFTD Partners Inc.), Commercial Pledge Agreement (Landsea Holdings Corp), Security Agreement (Syra Health Corp)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral ~~document~~ documents to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 28 contracts

Samples: Trust Indenture and Security Agreement, Trust Indenture and Security Agreement, Security Agreement

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any ~~collateral document~~ Related Documents to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 6 contracts

Samples: Security Agreement (Charge Enterprises, Inc.), Commercial Security Agreement (Electronic Control Security Inc), Commercial Pledge Agreement (Pacifichealth Laboratories Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security interest or lien) at any time and for any ~~reason~~reason (other than as a result of termination in accordance with such agreement’s or document’s terms).

Appears in 5 contracts

Samples: Business Loan Agreement (Hancock Park Corporate Income, Inc.), Business Loan Agreement (OFS Capital Corp), Business Loan Agreement (Hancock Park Corporate Income, Inc.)

Appears in 4 contracts

Samples: Business Loan Agreement (TSS, Inc.), Business Loan Agreement (TSS, Inc.), Business Loan Agreement (TSS, Inc.)

Appears in 4 contracts

Samples: Loan Agreement (Staar Surgical Company), Business Loan Agreement (Covalent Partners LLC), Loan Agreement (Web Press Corp)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of ~~any collateral document~~ the Security Agreement to create a valid and perfected ~~security interest or lien~~Security Interest) at any time and for any reason.

Appears in 3 contracts

Samples: Loan Agreement (Teraforce Technology Corp), Loan Agreement (Teraforce Technology Corp), Subordinated Loan Agreement (Teraforce Technology Corp)

Appears in 3 contracts

Samples: Loan Agreement, Business Loan Agreement (Basin Water, Inc.), Commercial Security Agreement (Basin Water, Inc.)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be be, in full force and effect (including failure of any collateral document to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 2 contracts

Samples: Commercial Security Agreement (Surge Components Inc), Commercial Security Agreement (Surge Components Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (~~including~~ Including failure of any collateral document to create a valid and perfected security ~~interest~~ Interest or lien) at any time and for any reason.

Appears in 2 contracts

Samples: Commercial Pledge Agreement (CASI Pharmaceuticals, Inc.), Security Agreement (Labwire Inc)

Defective Collateralization. This Security Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 2 contracts

Samples: Security Agreement (Heron Lake BioEnergy, LLC), Security Agreement (Heron Lake BioEnergy, LLC)

Appears in 2 contracts

Samples: Security Agreement (Liberty Group Holdings Inc), Security Agreement (Liberty Group Holdings Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral ~~document~~ document) to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 2 contracts

Samples: Intercreditor Agreement (Windsortech Inc), Intercreditor Agreement (Windsortech Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any ~~collateral~~ Collateral document to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 2 contracts

Samples: Commercial Security Agreement (Miscor Group, Ltd.), Commercial Security Agreement (Miscor Group, Ltd.)

Appears in 2 contracts

Samples: Commercial Security Agreement (Unilens Vision Inc), Security Agreement (Microhelix Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security interest or lien) at any time and for any reason, other than due to the acts or omissions of Lender.

Appears in 2 contracts

Samples: Business Loan Agreement (Deja Foods Inc), Business Loan Agreement (Deja Foods Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected ~~security interest~~ Security Interest or lien) at any time and for any reason.

Appears in 2 contracts

Samples: Business Loan and Security Agreement (Iridex Corp), Business Loan Agreement (Advanced Life Sciences Holdings, Inc.)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security interest or lien) at any time and for any ~~reason~~reason other than as a result of Xxxxxx’s actions or inactions.

Appears in 2 contracts

Samples: Business Loan Agreement (Rubios Restaurants Inc), Business Loan Agreement (Rubios Restaurants Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and ~~effect~~ affect (including failure of any collateral ~~document~~ documents to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Security Agreement (Vermont Pure Holdings LTD)

Appears in 1 contract

Samples: Commercial Security Agreement (Techdyne Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral ~~document~~ documents to ~~create~~ crate a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Disbursement Request and Authorization (Expresspoint Technology Systems Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and ~~effect~~ affect (~~including~~ including, failure of any collateral document to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Aircraft Security Agreement (Asa International LTD)

Appears in 1 contract

Samples: Security Agreement (Adcare Health Systems, Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral document to ~~create~~ crate a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Wellington Hall LTD)

Defective Collateralization. This Agreement or any of o’ the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a e valid and perfected security ~~interest~~ Interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Security Agreement (Labwire Inc)

Appears in 1 contract

Samples: Loan Agreement (Phillips R H Inc)

Defective Collateralization. This Agreement or any of o the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security interest or of lien) at any time and for any reason.

Appears in 1 contract

Samples: Security Agreement (Obsidian Enterprises Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force ~~and~~ or effect (including failure of any ~~collateral document~~ Security Agreement to create a valid and perfected ~~security interest or lien~~Security Interest) at any time and for any reason.

Appears in 1 contract

Samples: Business Loan Agreement (New America Network Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security ~~interest~~ Interest or lien) at any time and for any reason. If such event occurs, Borrower and Lender will in a timely manner cure such defect.

Appears in 1 contract

Samples: Security Agreement (Willdan Group, Inc.)

Appears in 1 contract

Samples: Business Loan Agreement (Flotek Industries Inc/Cn/)

Defective Collateralization. ~~This~~ The Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Commercial Pledge Agreement (AeroGrow International, Inc.)

Defective Collateralization. This Security Agreement or any of the Related Documents ceases to be in full force and effect (including failure ~~of any collateral document~~ to create a valid and perfected security interest or ~~lien~~lien as intended) at any time and for any reason, other than by reason of actions or failures to act of the Lenders or the Collateral Agent.

Appears in 1 contract

Samples: Security Agreement (Appliedtheory Corp)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of ~~any~~ arty collateral document to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Commercial Security Agreement (Arts Way Manufacturing Co Inc)

Appears in 1 contract

Samples: Business Loan Agreement (Klein Engines & Competition Components Inc)

Appears in 1 contract

Samples: Commercial Pledge and Security Agreement (Bj Chicago LLC)

Appears in 1 contract

Samples: Business Loan Agreement (First Light Bancorp)

Appears in 1 contract

Samples: Loan Agreement (Phillips R H Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security ~~interest~~ laws by or ~~lien) at any time and for any reason~~against Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (BayFirst Financial Corp.)

Defective Collateralization. This Agreement or any of the Related Documents ~~ceases~~ ceased to be in full force and effect (including failure of any collateral ~~document~~ documents to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Loan Agreement (Petmed Express Inc)

Appears in 1 contract

Samples: Loan Agreement (Petmed Express Inc)

Defective Collateralization. This Agreement or any of the ~~Related~~ related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Commercial Security Agreement (Ourpets Co)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any ~~collateral~~ document to create a valid and perfected ~~security interest or lien~~Lien, with the priority purported to be granted thereunder) at any time and for any reason.

Appears in 1 contract

Samples: Registration Rights Agreement (NKGen Biotech, Inc.)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security ~~interest~~ Interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Security Agreement (Eaco Corp)

Appears in 1 contract

Samples: Business Loan Agreement (Syra Health Corp)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of to any collateral document to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Commercial Security Agreement (Dougherty's Pharmacy, Inc.)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in In full force and effect (including failure of any collateral ~~document~~ documents to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Security Agreement (Boatracs Inc /Ca/)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of ~~any~~ collateral document to create a valid and perfected security interest or lien) at any time and for any reason.

Appears in 1 contract

Samples: Commercial Security Agreement (Arts Way Manufacturing Co Inc)

Defective Collateralization. This Agreement or any ~~of the~~ Related ~~Documents~~ Document ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security interest or lien) at any time ~~and~~ for any reason.

Appears in 1 contract

Samples: Security Agreement (Loyaltypoint Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any collateral document to create a valid and perfected security interest or lien) at any time and for any reason. Insecurity. Lender in good faith believes itself insecure.

Appears in 1 contract

Samples: Business Loan Agreement (Flotek Industries Inc/Cn/)

Appears in 1 contract

Samples: Loan Agreement (Autoweb Com Inc)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect (including failure of any ~~collateral document~~ Security Agreement to create and maintain a valid and perfected first priority security interest ~~or lien~~in the Collateral) at any time and for any ~~reason~~reason or if any of the Collateral shall be attached or distrained at any time pursuant to any court order or other legal process.

Appears in 1 contract

Samples: Loan Agreement (Freeman Joshua M)

Defective Collateralization. This Agreement or any of the Related Documents ceases to be in full force and effect ~~(including failure of any collateral document to create a valid and perfected security interest or lien)~~ at any time and for any reason.

Appears in 1 contract

Samples: Loan Agreement (Chromavision Medical Systems Inc)

Defective Collateralization. This ~~Agreement~~ agreement or any of the Related Documents ceases to be in full force and effect (including failure of any ~~collateral document~~ Security Agreement to create a valid and perfected ~~security interest or lien~~Security interest) at any time and for any reason.

Appears in 1 contract

Samples: Loan Agreement (Medi Hut Co Inc)

Common use of Defective Collateralization Clause in Contracts