Common use of Disclosure of Significant Transactions Clause in Contracts

Disclosure of Significant Transactions. The Borrower shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Five Hundred Thousand Dollars ($500,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 3 contracts

Samples: Financing and Security Agreement (Weston Roy F Inc), Financing Agreement (American Woodmark Corp), Financing Agreement (American Woodmark Corp)

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Disclosure of Significant Transactions. The Borrower Each of the Borrowers shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets (other than Excluded Assets) which exceeds Five Two Hundred Fifty Thousand Dollars ($500,000.00250,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 2 contracts

Samples: Financing and Security Agreement (Spacehab Inc \Wa\), Financing and Security Agreement (Spacehab Inc \Wa\)

Disclosure of Significant Transactions. The Borrower shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed fixed or Capital Assets capital assets which exceeds Five One Hundred Thousand Dollars ($500,000.00100,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 2 contracts

Samples: Loan and Security Agreement (Celsion Corp), Loan and Security Agreement (Xybernaut Corp)

Disclosure of Significant Transactions. The Borrower Each of the Borrowers shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Five One Hundred Fifty Thousand Dollars ($500,000.00150,000), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 2 contracts

Samples: Financing and Security Agreement (Argan Inc), Financing and Security Agreement (Argan Inc)

Disclosure of Significant Transactions. The Borrower shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Five Hundred Fifty Thousand Dollars ($500,000.0050,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 2 contracts

Samples: Financing and Security Agreement (Sensys Technologies Inc), Financing and Security Agreement (Sensytech Inc)

Disclosure of Significant Transactions. The Borrower shall deliver to the Lender a written notice describing in reasonable detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Five Two Hundred Fifty Thousand Dollars ($500,000.00), said 250,000),said notices to be delivered to the Lender within thirty ten (3010) days of the occurrence of each such transaction.

Appears in 1 contract

Samples: Financing and Security Agreement (Chatwins Group Inc)

Disclosure of Significant Transactions. The Borrower Each of the Borrowers shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets (other than Capital Expenditures permitted by Section 6.2.20 of this Agreement) which exceeds Five Two Hundred Fifty Thousand Dollars ($500,000.00250,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Vse Corp)

Disclosure of Significant Transactions. The Borrower Each of the Borrowers shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Five Three Hundred Thousand Dollars ($500,000.00300,000), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 1 contract

Samples: Financing and Security Agreement (Rand Worldwide Inc)

Disclosure of Significant Transactions. The Borrower Borrowers shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Five Two Hundred Fifty Thousand Dollars ($500,000.00250,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 1 contract

Samples: Financing and Security Agreement (Clean Towel Service Inc)

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Disclosure of Significant Transactions. The Each Borrower shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Five Hundred Fifty Thousand Dollars ($500,000.0050,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 1 contract

Samples: Financing and Security Agreement (Flanders Corp)

Disclosure of Significant Transactions. The Borrower shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which that exceeds Five Hundred Fifty Thousand Dollars ($500,000.0050,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 1 contract

Samples: Financing and Security Agreement (Dcap Group Inc/)

Disclosure of Significant Transactions. The Borrower Each of the Borrowers shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Five One Hundred Fifty Thousand Dollars ($500,000.00150,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 1 contract

Samples: Financing Agreement (Argan Inc)

Disclosure of Significant Transactions. The Borrower shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty Casualty to or disposition or Condemnation of an interest in Fixed or Capital Assets which exceeds Five Two Hundred Fifty Thousand Dollars ($500,000.00250,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 1 contract

Samples: Financing and Security Agreement (Glasstech Inc)

Disclosure of Significant Transactions. The Borrower shall deliver to the Lender a written notice describing in detail each transaction by it involving the purchase, sale, lease, or other acquisition or loss or casualty to or disposition of an interest in Fixed or Capital Assets which exceeds Five Hundred Thousand One Million Dollars ($500,000.001,000,000.00), said notices to be delivered to the Lender within thirty (30) days of the occurrence of each such transaction.

Appears in 1 contract

Samples: Financing and Security Agreement (ARGON ST, Inc.)

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