Loss, Theft or Damage. There shall occur any loss, theft, damage or destruction of any Personal Guarantor Collateral, which loss is not fully insured, less applicable deductibles, and which has a Material Adverse Change.
Appears in 2 contracts
Samples: Pledge and Security Agreement, Pledge and Security Agreement (Softech Inc)
Loss, Theft or Damage. There shall occur any loss, theft, damage or destruction of any Personal Guarantor Collateral, Collateral which loss is not fully insured, less applicable deductibles, and which has would have a Material Adverse ChangeEffect.
Appears in 1 contract
Samples: Credit and Security Agreement (Sachem Capital Corp.)
Loss, Theft or Damage. There shall occur any loss, theft, damage or destruction of any Personal Guarantor Collateral, which loss is not fully insured, less applicable deductibles, and which has a Material Adverse Change.
Appears in 1 contract
Samples: Security Agreement (Softech Inc)
