Disclosure of Material Matters. Immediately upon learning thereof, report to Lender all matters materially affecting the value, enforceability or collectability of any portion of the Collateral including, without limitation, Borrower's or Guarantor's reclamation or repossession of, or the return to Borrower or Guarantor of, a material amount of goods or claims or disputes asserted by any Customer or other obligor.
Appears in 1 contract
Samples: Credit and Security Agreement (Cold Metal Products Inc)
Disclosure of Material Matters. Immediately upon learning thereof, report to Lender all matters materially affecting the value, enforceability or collectability collectibility of any material portion of the Collateral including, without limitation, Borrower's or Guarantor's reclamation or repossession of, or the return to Borrower or Guarantor of, a material amount of goods or claims or disputes asserted by any Customer or other obligor.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Meridian Sports Inc)
Disclosure of Material Matters. Immediately upon learning thereof, report to Lender all matters materially affecting the value, enforceability or collectability of any portion of the Collateral includingCollateral, without limitation, including any Borrower's or Guarantor's ’s reclamation or repossession of, or the return to any Borrower or Guarantor of, a material amount of goods or claims or disputes asserted by any Customer or other obligor.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Quality Gold Holdings, Inc.)
Disclosure of Material Matters. Immediately Promptly upon learning thereof, report to Lender all matters materially affecting that could reasonably be expected to have a material adverse affect on the value, enforceability or collectability collectibility of any material portion of the Collateral including, without limitation, Borrower's or Guarantor's reclamation or repossession of, or the return to Borrower or Guarantor of, a material amount of goods or claims or disputes asserted by any Customer or other obligor.
Appears in 1 contract
Disclosure of Material Matters. Immediately upon learning thereof, report to Lender all matters materially affecting the value, enforceability or collectability collectibility of any portion of the Collateral including, without limitation, Borrower's or Guarantor's ’s reclamation or repossession of, or the return to Borrower or Guarantor of, a material amount of goods or claims or disputes asserted by any Customer or other obligor.
Appears in 1 contract
Samples: Term Loan and Security Agreement (U S Wireless Data Inc)
Disclosure of Material Matters. Immediately upon learning thereof, report to Term B Lender all matters materially affecting the value, enforceability or collectability collectibility of any portion of the Collateral includingCollateral, without limitation, including Borrower's or Guarantor's reclamation or repossession of, or the return to Borrower or Guarantor of, a material amount of goods or claims or disputes asserted by any Customer or other obligor.
Appears in 1 contract
Samples: Term Loan and Security Agreement (Air Industries Group, Inc.)