Litigation, etc. No litigation, arbitration, administrative or governmental proceedings are pending or threatened against Grantor, which would, if adversely determined, materially and adversely affect the financial condition or continued operations of Grantor, or the liens and security interests of MLBFS hereunder.
Appears in 14 contracts
Samples: Loan and Security Agreement (Yp Net Inc), Loan and Security Agreement (Derma Sciences Inc), Security Agreement (American Eco Corp)
Litigation, etc. No litigation, arbitration, administrative or governmental proceedings are pending or threatened against Grantor, which would, if adversely determined, materially and adversely affect the financial condition or continued operations of Grantor, or the liens and security interests of MLBFS hereunder.,
Appears in 1 contract
Samples: Lynch Security Agreement (Rent a Wreck of America Inc)
Litigation, etc. No litigation, arbitration, administrative or governmental proceedings are pending or threatened against Grantor, which would, if adversely determined, materially and adversely affect the financial condition or continued operations of Grantor, or the liens and arid security interests of MLBFS hereunder.
Appears in 1 contract
Samples: Merrill Lynch Security Agreement (Rent a Wreck of America Inc)