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Common use of Impairment Clause in Contracts

Impairment. Borrower will take no action which would impair its ability to perform its obligations hereunder or to satisfy any of the Conditions of Modification.

Appears in 6 contracts

Sources: Modification Agreement (Vineyard National Bancorp), Modification Agreement (Vineyard National Bancorp), Modification Agreement (Vineyard National Bancorp)

Related Clauses

  • Non-Impairment
  • No Impairment
  • Impairments
  • Impairment of Rights
  • No Dilution or Impairment

Parent Clauses

  • Miscellaneous
  • EVENTS OF DEFAULT
  • Covenants, Representations and Warranties of the Master Servicer
  • Covenants, Representations and Warranties of Master Servicer
  • Right to Issue Shares

Sub-Clauses

  • Termination
  • Ability to Perform
  • Transfer
  • Amendment
  • Non-financial assets
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