Common use of Jeopardy Clause in Contracts

Jeopardy. the Bank decides in its sole discretion that the continuation of the grant of the Facilities or any part thereof would be likely to be detrimental to its own position or otherwise undesirable or that its security hereunder is inadequate or in jeopardy or that any event or events has/have occurred or a situation exists which could or might prejudice the Customer’s and/or any of the other Security Party’s ability to perform its and/or any of the other Security Party’s obligation(s) hereunder in accordance with the terms hereof, or any of the Transaction Documents and the Security Documents as the case may be;

Appears in 2 contracts

Samples: Loan Agreement, General Facility Agreement

AutoNDA by SimpleDocs

Jeopardy. the Bank decides in its sole discretion that the continuation of the grant of the Facilities Facility(ies) or any part thereof would be likely to be detrimental to its own position or otherwise undesirable or that its security hereunder is inadequate or in jeopardy or that any event or events has/have occurred or a situation exists which could or might prejudice the Customer’s and/or or any of the other Security Party’s Party(ies)’ ability to perform its and/or any of the other Security Party’s Party(ies)’ obligation(s) hereunder in accordance with the terms hereof, or any of the Transaction Documents and the Security Documents as the case may be;

Appears in 2 contracts

Samples: Murabahah Facility Agreement, Murabahah Facility Agreement

AutoNDA by SimpleDocs

Jeopardy. the Bank decides in its sole discretion that the continuation of the grant of the Facilities Facility or any part thereof would be likely to be detrimental to its own position or otherwise undesirable or that its security hereunder is inadequate or in jeopardy or that any event or events has/have occurred or a situation exists which could or might prejudice the Customer’s and/or Customer(s)’ or any of the other Security Party’s Party(ies)' ability to perform its and/or any of the other Security Party’s Party(ies)' obligation(s) hereunder in accordance with the terms hereof, or any of the Transaction Documents and the Security Documents as the case may be;

Appears in 1 contract

Samples: Property Sale Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!