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Common use of Impairment Clause in Contracts

Impairment. If there is a material impairment of the prospect of repayment of all or any portion of the Obligations owing to Capital or a material impairment of the value or priority of Capital's security interests in the Collateral;

Appears in 7 contracts

Samples: Loan and Security Agreement (First Choice Healthcare Solutions, Inc.), Loan and Security Agreement (Stratus Services Group Inc), Loan and Security Agreement (Celtic Investment Inc)

Impairment. If there is a material impairment of the prospect of repayment of all or any portion of the Obligations owing to Capital Bank or a material impairment of the value or priority of Capital's Bank’s security interests in the Collateral;

Appears in 2 contracts

Samples: Term Loan Agreement (Cherokee Inc), Term Loan Agreement (Cherokee Inc)

Impairment. If there is a material impairment of the prospect of repayment of all or any portion of the Secured Obligations owing to Capital or a material impairment of the value or priority of CapitalLender's security interests in the Collateral;

Appears in 1 contract

Samples: Pledge Agreement (Roamer One Holdings Inc)