Common use of Disclosure of Material Matters Clause in Contracts

Disclosure of Material Matters. Immediately upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability of any portion of the Collateral, including any Domestic Loan Party’s reclamation or repossession of, or the return to any Domestic Loan Party of, a material amount of goods or claims or disputes asserted by any Customer or other obligor or any Lien, other than any Permitted Encumbrance, placed upon or asserted against any Specified Loan Party or any Collateral.

Appears in 2 contracts

Samples: Security Agreement (PHI Group, Inc./De), Security Agreement (PHI Group, Inc./De)

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Disclosure of Material Matters. Immediately Each Borrower Party shall, immediately upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability collectibility of any portion of the Collateral, including any Domestic Loan Partythe Borrower’s reclamation or repossession of, or the return to any Domestic Loan Party the Borrower of, a material amount of goods or claims or disputes asserted by any Customer or other obligor or any Lien, other than any Permitted Encumbrance, placed upon or asserted against any Specified Loan Party or any Collateralobligor.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Horsehead Holding Corp), Revolving Credit and Security Agreement (Horsehead Holding Corp)

Disclosure of Material Matters. Immediately Promptly upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability of any material portion of the Collateral, including any Domestic such Loan Party’s reclamation or repossession of, or the return to any Domestic such Loan Party of, a material amount of goods or claims or disputes asserted by any Customer or other obligor or any Lien, other than any Permitted Encumbrance, placed upon or asserted against any Specified Loan Party or any Collateralobligor.

Appears in 2 contracts

Samples: Credit Agreement (Boot Barn Holdings, Inc.), Credit Agreement (Boot Barn Holdings, Inc.)

Disclosure of Material Matters. Immediately Each Borrower Party shall, immediately upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability collectibility of any portion of the Collateral, including any Domestic Loan Party’s the Borrower's reclamation or repossession of, or the return to any Domestic Loan Party the Borrower of, a material amount of goods or claims or disputes asserted by any Customer or other obligor or any Lien, other than any Permitted Encumbrance, placed upon or asserted against any Specified Loan Party or any Collateralobligor.

Appears in 1 contract

Samples: Security Agreement (Horsehead Holding Corp)

Disclosure of Material Matters. Immediately Promptly upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability of any portion of the Collateral, including any Domestic Loan Party’s reclamation or repossession of, or the return to any Domestic Loan Party of, a material amount of goods or claims or disputes asserted by any Customer or other obligor or any Lien, other than any Permitted Encumbrance, placed upon or asserted against any Specified Loan Party or any Collateralobligor.

Appears in 1 contract

Samples: Assignment Agreement (Nektar Therapeutics)

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Disclosure of Material Matters. Immediately Promptly upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectability of any portion of the Collateral, including any Domestic Loan Party’s reclamation or repossession of, or the return to any Domestic Loan Party of, a material amount of goods or claims or disputes asserted by any Customer or other obligor or any Lien, other than any Permitted Encumbrance, placed upon or asserted against any Specified Loan Party or any Collateral.obligor. 154

Appears in 1 contract

Samples: Security Agreement (Babcock & Wilcox Enterprises, Inc.)

Disclosure of Material Matters. Immediately upon learning thereof, report to Administrative Agent and Collateral Agent all matters materially affecting the value, enforceability or collectability collectibility of any portion of the CollateralCollateral including, including without limitation, any Domestic Loan Party’s reclamation or repossession of, or the return to any Domestic Loan Party of, a material amount of goods or material claims or material disputes asserted by any Customer or other obligor or any Lien, other than any Permitted Encumbrance, placed upon or asserted against any Specified Loan Party or any Collateralobligor.

Appears in 1 contract

Samples: Security Agreement (Imco Recycling Inc)

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