Common use of Disclosure of Material Matters Clause in Contracts

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral including, without limitation, any Loan Party's reclamation or repossession of, or the return to any Loan Party of, a material amount of goods or material claims or material disputes asserted by any Customer or other obligor.

Appears in 1 contract

Samples: Credit and Security Agreement (Blonder Tongue Laboratories Inc)

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Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender Borrower all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral including, without limitation, any Loan Borrower Party's ’s reclamation or repossession of, or the return to any Loan Borrower Party of, a material amount of goods or material claims or material disputes asserted by any Customer customer or other obligor.

Appears in 1 contract

Samples: Loan and Security Agreement (Odetics Inc)

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender any Default and all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral includingincluding any Lien or claim asserted against the Collateral, without limitationany loss, damage or destruction of any material portion of the Collateral, and any Loan Party's ’s reclamation or repossession of, or the return to any Loan Party of, a material amount of goods or material claims or material disputes asserted by any Customer Account Debtor or other obligor.

Appears in 1 contract

Samples: Credit and Security Agreement (Sifco Industries Inc)

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral including, without limitation, any Loan Party's ’s reclamation or repossession of, or the return to any Loan Party of, a material amount of goods or material claims or material disputes asserted by any Mortgagor Customer or other obligor.

Appears in 1 contract

Samples: Credit and Security Agreement (Manhattan Bridge Capital, Inc)

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral includingRevolving Advances made hereunder, including without limitation, any Loan Borrower Party's reclamation or repossession of, or the return to any Loan Borrower Party of, a material amount of goods or material claims or material disputes asserted by any Customer customer or other obligor.

Appears in 1 contract

Samples: Revolving Credit Agreement (Fidelity National Information Solutions Inc)

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Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender Borrower all matters materially affecting the value, enforceability or collectibility of any portion of the Collateral including, without limitation, any Loan Borrower Party's reclamation or repossession of, or the return to any Loan Borrower Party of, a material amount of goods or material claims or material disputes asserted by any Customer customer or other obligor.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Fidelity National Information Solutions Inc)

Disclosure of Material Matters. Immediately upon learning thereof, report to the Lender all matters materially affecting the value, enforceability or collectibility collectability of any portion of the Collateral includingincluding any Lien or claim asserted against the Collateral, without limitationany loss, damage or destruction of any material portion of the Collateral, and any Loan Party's ’s reclamation or repossession of, or the return to any Loan Party of, a material amount of goods or material claims or material disputes asserted by any Customer Account Debtor or other obligor.

Appears in 1 contract

Samples: Credit and Security Agreement (CVSL Inc.)

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