Common use of Insecurity Clause in Contracts

Insecurity. IEDA shall in good xxxxx xxxx itself insecure and reasonably believes, after consideration of all the facts and circumstances then existing, that the prospect of the Business’s satisfaction of the obligations under this Contract or the performance of or observance of the covenants in this Contract is or will be materially impaired.

Appears in 5 contracts

Samples: Innovation Acceleration Fund Contract, Innovation Acceleration Fund Contract, Demonstration Fund Contract

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Insecurity. IEDA shall in good xxxxx xxxx itself insecure and reasonably believes, after consideration of all the facts and circumstances then existing, that the prospect of the Business’s satisfaction of the obligations under this Contract Contract, or the performance of or observance of the covenants in this Contract Contract, is or will be materially impaired.; or

Appears in 1 contract

Samples: Redevelopment Tax Credit Contract

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Insecurity. IEDA shall in good xxxxx xxxx xxxxx itself insecure and reasonably believes, after consideration of all the facts and circumstances then existing, that the prospect of the Business’s payment and satisfaction of the obligations under this Contract Contract, or the performance of or observance of the covenants in this Contract Contract, is or will be materially impaired.; or

Appears in 1 contract

Samples: Economic Development Assistance Contract

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