Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the Collateral;
Appears in 25 contracts
Samples: Loan and Security Agreement (Tenaya Therapeutics, Inc.), Loan and Security Agreement (Myomo, Inc.), Loan and Security Agreement (Castle Biosciences Inc)
Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the Collateral;.
Appears in 9 contracts
Samples: Loan and Security Agreement (ShockWave Medical, Inc.), Mezzanine Loan and Security Agreement (Ooma Inc), Loan and Security Agreement (Ooma Inc)
Lien Priority. There is a material impairment in the perfection or priority of the Bank’s security interest in the Collateral;
Appears in 3 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (RingCentral Inc), Loan and Security Agreement (RingCentral Inc)
Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the CollateralCollateral (unless such failure is caused by Bank’s gross negligence or willful misconduct);
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Samples: Loan and Security Agreement (SI-BONE, Inc.), Loan and Security Agreement (SI-BONE, Inc.)
Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the Collateral;; 7.11
Appears in 2 contracts
Samples: Loan and Security Agreement (Innovid Corp.), Redacted Loan and Security Agreement (Sonder Holdings Inc.)
Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the CollateralCollateral to the extent expressly required to be maintained in accordance with the terms of this Agreement;
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Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in a material portion of the Collateral;
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Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in a material portion of the Collateral;; 7.11 [Reserved]; or 7.12
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Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the CollateralCollateral (other than as a result of a Permitted Lien);
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Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the CollateralCollateral on the terms set forth in the Loan Documents;
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Samples: Loan and Security Agreement (Environmental Impact Acquisition Corp)
Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the Collateral;; or
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Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the Collateral;.
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Samples: Loan and Security Agreement (Oaktree Acquisition Corp.)
Lien Priority. There is a material impairment (through no fault of Bank) in the perfection or priority of Bank’s security interest in the Collateral;
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Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the Collateral;,
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Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the Collateral;; 7.10
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Samples: Loan and Security Agreement (Sunlight Financial Holdings Inc.)
Lien Priority. There is a material an impairment in the perfection or priority of Bank’s 's security interest in the Collateral;.
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Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the CollateralCollateral not caused by the action, or inaction, of Bank;
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Samples: Loan and Security Agreement (Evolv Technologies Holdings, Inc.)
Lien Priority. There is a material impairment in the perfection or priority of Bank’s security interest in the Collateral;Collateral (unless such failure is caused by Bank’s gross negligence or willful misconduct); 7.11
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