Disclosure of Material Matters. Immediately upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral, including any Borrower's reclamation or repossession of, or the return to any Borrower of, a material amount of goods or claims or disputes asserted by any Customer or other obligor.
Appears in 4 contracts
Samples: Revolving Credit and Security Agreement (Union Drilling Inc), Revolving Credit and Security Agreement (Teamstaff Inc), Revolving Credit and Security Agreement (Compudyne Corp)
Disclosure of Material Matters. Immediately upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectibility collectability of any portion of the CollateralCollateral including, including any without limitation, Borrower's reclamation or repossession of, or the return to any Borrower of, a material amount of goods or claims or disputes asserted by any Customer or other obligor.
Appears in 2 contracts
Samples: Oil & Gas Revolving Credit and Term Loan Agreement (Transtexas Gas Corp), Revolving Credit and Security Agreement (Cygne Designs Inc)
Disclosure of Material Matters. Immediately upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectibility of any portion of the CollateralCollateral including, including without limitation, any Borrower's reclamation or repossession of, or the return to any Borrower of, a material amount of goods or claims or disputes asserted by any Customer Lessee or other obligor.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (PDS Financial Corp)
Disclosure of Material Matters. Immediately upon learning thereof, report to Agent all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral, Collateral including any Borrower's reclamation or repossession of, or the return to any Borrower 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 (Aaf McQuay Inc)
