Common use of Lien Matters Clause in Contracts

Lien Matters. Written notice of (1) the incurrence of any Lien (other than Permitted Liens) on, or claim asserted against any of, the Collateral or (2) the occurrence of any other event which is reasonably likely to result in a Material Adverse Effect of the type described in clause (d) of the definition thereof;

Appears in 2 contracts

Samples: Credit Agreement (Atrium Companies Inc), Credit Agreement (Atrium Companies Inc)

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Lien Matters. Written notice of (1) the incurrence of any ------------ material Lien (other than Permitted Prior Liens) on, or claim asserted against any of, material item of the Collateral or (2) the occurrence of any other event which is could reasonably likely be expected to result in have a Material Adverse Effect on the aggregate value of the type described in clause (d) of the definition thereofCollateral;

Appears in 2 contracts

Samples: Credit Agreement (Tuesday Morning Corp/De), Credit Agreement (Tmil Corp)

Lien Matters. Written notice of (1) the incurrence of any material Lien (other than Permitted LiensLiens and other Liens expressly permitted by the terms of the applicable Security Document) on, or material claim asserted against against, any of, of the Collateral or (2) the occurrence of any other event which is reasonably likely to result in a Material Adverse Effect materially adversely affect the aggregate value of the type described in clause Collateral (d) of other than changes to the definition thereofcommunications industry or the economy generally);

Appears in 1 contract

Samples: Credit Agreement (Centennial Communications Corp /De)

Lien Matters. Written notice of (1) the incurrence of any material Lien (other than Permitted LiensLiens and other Liens expressly permitted by the terms of the applicable Security Document) on, or material claim asserted against any of, of the Collateral or (2) the occurrence of any other event which is reasonably likely to result in a Material Adverse Effect materially adversely affect the aggregate value of the type described in clause (d) of the definition thereofCollateral;

Appears in 1 contract

Samples: Reaffirmation Agreement (Centennial Communications Corp /De)

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Lien Matters. Written notice of (1i) the incurrence of any material Lien (other than Permitted Prior Liens) on, or claim asserted against any of, material item of the Collateral known to the Borrower or any of its Subsidiaries, or (2ii) the occurrence of any other event known to the Borrower or any of its Subsidiaries which is could reasonably likely be expected to result in have a Material Adverse Effect on the aggregate value of the type described in clause (d) of the definition thereofCollateral;

Appears in 1 contract

Samples: Credit Agreement (Tuesday Morning Corp/De)

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