Common use of Impairment of Security Interests Clause in Contracts

Impairment of Security Interests. No Facility Party will take or omit to take any action which action or omission might or would materially impair the security interests in favor of the Collateral Agent with respect to the Collateral.

Appears in 7 contracts

Samples: Warehouse Loan Agreement (Trinity Industries Inc), Warehouse Loan Agreement (Trinity Industries Inc), Revolving Asset Based Loan Agreement (Andersons, Inc.)

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Impairment of Security Interests. No Facility Party will take or omit to take any action which action or omission might or would materially impair the security interests in favor of the Collateral Agent with respect to the Collateral.

Appears in 1 contract

Samples: Warehouse Loan Agreement (Trinity Industries Inc)

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