Impairment of Position. If the Lender in its sole discretion determines in good faith that an event has occurred which impairs the prospect of payment of the Obligations and/or the value of the Collateral.
Appears in 3 contracts
Samples: Financing and Security Agreement (Forensic Technologies International Corp), Financing and Security Agreement (National Techteam Inc /De/), Financing and Security Agreement (Arguss Holdings Inc)
Impairment of Position. If the Lender The Lender, in its sole discretion discretion, determines in good faith that an event has occurred which impairs in any material respect the prospect of payment of any of the Obligations and/or the value of the Collateral.
Appears in 3 contracts
Samples: Financing and Security Agreement (Argan Inc), Financing and Security Agreement (Argan Inc), Financing and Security Agreement (Argan Inc)
Impairment of Position. If the The Lender in its sole reasonable discretion determines in good faith that an event has occurred which impairs the prospect of payment of the Obligations and/or the value of the Collateral.
Appears in 3 contracts
Samples: Financing and Security Agreement (ARGON ST, Inc.), Financing and Security Agreement (Sensytech Inc), Financing and Security Agreement (Sensys Technologies Inc)
Impairment of Position. If the Lender The Lender, in its sole discretion discretion, determines in good faith that an event has occurred which impairs the prospect of payment of any of the Obligations and/or the value of the Collateral.
Appears in 2 contracts
Samples: Financing and Security Agreement (Versar Inc), Business Loan and Security Agreement (Vse Corp)
Impairment of Position. If the Lender in its sole reasonable discretion determines in good faith that an event has occurred which impairs the prospect of payment of the Obligations and/or the value of the Facilities or the Collateral.
Appears in 1 contract
Samples: Financing and Security Agreement (Sunrise Assisted Living Inc)
Impairment of Position. If the Lender in its sole reasonable discretion determines in good faith that an event has occurred which impairs the prospect of payment of the Obligations and/or the value of the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Sunrise Assisted Living Inc)
Impairment of Position. If the Lender The Lender, in its sole discretion discretion, determines in good faith that an event has occurred which impairs the prospect of payment of the Obligations and/or the value of the CollateralObligations.
Appears in 1 contract
Impairment of Position. If the The Lender in its sole discretion determines in good faith that an event has occurred which impairs the prospect of payment of the Obligations and/or the value of the Collateral.. 7.1.13
Appears in 1 contract
Impairment of Position. If the The Lender in its sole discretion determines in good faith that an event has occurred which impairs the prospect of payment of the Obligations and/or the value of the Collateral.
Appears in 1 contract
Samples: Financing and Security Agreement (Paradise Color Inc)
Impairment of Position. If the Lender The Lender, in its sole discretion discretion, determines in good faith that an event has occurred which impairs the prospect of payment of the Obligations and/or the value any of the CollateralObligations.
Appears in 1 contract
Samples: Financing Agreement (Trex Co Inc)
Impairment of Position. If the Lender in its sole reasonable discretion determines in good faith that an event has occurred which impairs the prospect of payment of the Obligations and/or the value of the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Sunrise Senior Living Inc)
Impairment of Position. If the Lender in its sole but reasonable discretion determines in good faith that an event has occurred which impairs the prospect of payment of the Obligations and/or the value of the Collateral.
Appears in 1 contract
Samples: Financing and Security Agreement (Dispatch Management Services Corp)
