Impairment of Position. The Agent, in its sole 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: Business Loan and Security Agreement (Vse Corp), Business Loan and Security Agreement (Vse Corp)
Impairment of Position. The Agent, If the Agent 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 1 contract
Samples: Financing and Security Agreement (Fti Consulting Inc)
Impairment of Position. The Agent, If the Agent in its sole discretion, reasonable 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 Facilities or the Collateral.
Appears in 1 contract
Samples: Financing and Security Agreement (Sunrise Assisted Living Inc)
Impairment of Position. The Agent, If Agent in its sole discretion, reasonable 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 1 contract
Samples: Loan and Security Agreement (Sunrise Senior Living Inc)
