Defective Collateralization. This Agreement or any of the other Loan Documents ceases to be in full force and effect (including failure of the Security Agreement or any other Loan Document to create a valid and perfected Lien in the Collateral) at any time and for any reason.
Appears in 3 contracts
Samples: Loan Agreement (Cutter & Buck Inc), Loan Agreement (Cutter & Buck Inc), Loan Agreement (Cutter & Buck Inc)
Defective Collateralization. This Agreement or any of the other Loan Documents ceases to be in full force and effect (including failure of the Security Agreement or any other Loan Document collateral document to create a valid and perfected Lien in the Collateralsecurity interest or lien) at any time and for any reason.
Appears in 1 contract
Samples: Equipment Loan and Security Agreement (Dicon Fiberoptics Inc)
