Impairment of Security Interest. Take or omit to take any action which could reasonably be expected to have the result of impairing the security interest in any property subject to a security interest in favor of the Lender or grant to any person any interest whatsoever in any property which is subject to a security interest in favor of the Lender.
Appears in 5 contracts
Samples: Credit Agreement (Aceto Corp), Credit Agreement (Coactive Marketing Group Inc), Credit Agreement (Aceto Corp)
Impairment of Security Interest. Take or omit to take any action which could reasonably be expected to have the result of impairing the security interest in any property subject to a security interest in favor of the Lender Administrative Agent or grant to any person any interest whatsoever in any property which is subject to a security interest in favor of the LenderAdministrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (Aceto Corp), Credit Agreement (Medical Action Industries Inc)
Impairment of Security Interest. Take or omit to take any action which could reasonably be expected to have the result of materially impairing the security interest in any property subject to a security interest in favor of the Lender Administrative Agent or grant to any person any interest whatsoever in any property which is subject to a security interest in favor of the LenderAdministrative Agent other than Permitted Liens.
Appears in 2 contracts
Samples: Credit Agreement (Medical Action Industries Inc), Credit Agreement (Medical Action Industries Inc)
Impairment of Security Interest. Take or omit to take any action which could reasonably be expected to have the result of impairing the security interest in any property subject to a security interest in favor of the Lender Administrative Agent or the Lenders or grant to any person any interest whatsoever in any property which is subject to a security interest in favor of the LenderAdministrative Agent for the ratable benefit of the Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Lexent Inc), Credit Agreement (Lexent Inc)
Impairment of Security Interest. Take or omit to take any action which could reasonably be expected to have the result of impairing adversely affect or impair the security interest in any property subject to a security interest in favor of the Lender or Administrative Agent nor grant to any person Person any interest whatsoever in any property which is subject to a security interest in favor of the LenderAdministrative Agent.
Appears in 1 contract
Impairment of Security Interest. Take Take, or omit to take take, any action which could reasonably be expected to have the result of impairing the security interest in any property subject to a security interest in favor of the Lender or Bank or, except as otherwise permitted by the terms hereof, grant to any person any interest whatsoever in any property which is subject to a security interest in favor of the LenderBank.
Appears in 1 contract
Impairment of Security Interest. Take or omit to take any action which could reasonably be expected to have the result of impairing the security interest in any property subject to a security interest in favor of the Lender Bank or grant to any person any interest whatsoever in any property which is subject to a security interest in favor of the LenderBank.
Appears in 1 contract
Samples: Credit Agreement (Vasomedical Inc)
Impairment of Security Interest. Take or omit to take any action which could reasonably be expected to might or would have the result of effecting or impairing the security interest in any property subject to a security interest in favor of the Lender or Administrative Agent for the benefit of the Lenders and neither the Company nor any Subsidiary of the Company shall grant to any person any interest whatsoever in any property which is subject to a security interest in favor of the LenderAdministrative Agent.
Appears in 1 contract
