Maintenance of Collateral. Borrower will maintain the Collateral in good working condition, and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 60 contracts
Samples: Loan and Security Agreement (Network Computing Devices Inc), Loan and Security Agreement (Digirad Corp), Loan Agreement (Sigma Designs Inc)
Maintenance of Collateral. Borrower will maintain the Collateral in good working conditioncondition (ordinary wear and tear excepted), and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately promptly advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 6 contracts
Samples: Loan and Security Agreement (Telecommunication Systems Inc /Fa/), Loan and Security Agreement (Cogent Communications Group Inc), Loan and Security Agreement (Telecommunication Systems Inc /Fa/)
Maintenance of Collateral. Borrower will maintain the Collateral consisting of tangible personal property in good working conditioncondition (ordinary wear and tear excepted), and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 3 contracts
Samples: Loan and Security Agreement (Zhone Technologies Inc), Loan and Security Agreement (Zhone Technologies Inc), Loan and Security Agreement (Zhone Technologies Inc)
Maintenance of Collateral. Borrower Debtor will maintain the Collateral in good working condition, ordinary wear and Borrower tear excepted, and Debtor will not use the Collateral for any unlawful purpose. Borrower Debtor will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 3 contracts
Samples: Security Agreement (Occam Networks Inc/De), Security Agreement (Netplex Group Inc), Security Agreement (Quinton Cardiology Systems Inc)
Maintenance of Collateral. Borrower will maintain the Collateral in good working conditioncondition (ordinary wear and tear and damage due to casualty excepted), and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 2 contracts
Samples: Loan and Security Agreement (Xplore Technologies Corp), Loan and Security Agreement (Xplore Technologies Corp)
Maintenance of Collateral. Borrower will maintain the Collateral in good working conditioncondition *, and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.. * (ordinary wear and tear excepted)
Appears in 1 contract
Maintenance of Collateral. Borrower will maintain the Collateral in good working conditioncondition (ordinary wear and tear excepted), and Borrower will not use the Collateral for any unlawful purpose. Borrower Xxxxxxxx will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Maintenance of Collateral. Borrower Borrowers will maintain the Collateral in good working conditioncondition (ordinary wear and tear excepted), and Borrower Borrowers will not use the Collateral for any unlawful purpose. Borrower Borrowers will immediately promptly advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Maintenance of Collateral. Borrower will use commercially reasonable efforts to maintain the Collateral in good working conditioncondition (ordinary wear and tear excepted), and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Maintenance of Collateral. Borrower will maintain the Collateral in good working condition, and Borrower will not use the Collateral for any purpose which is unlawful purposein the Relevant Jurisdiction of Borrower. Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Maintenance of Collateral. Borrower will maintain the Collateral in good working conditioncondition (ordinary wear and tear excepted), and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Double-Take Software, Inc.)
Maintenance of Collateral. Borrower will maintain the Collateral in good working condition, *and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
Maintenance of Collateral. Borrower will maintain the Collateral in good working conditioncondition (ordinary wear and tear excepted), and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately promptly advise Silicon in writing upon becoming aware of any material loss or damage to the Collateral.
Appears in 1 contract
Maintenance of Collateral. Borrower will maintain the Collateral in good working conditioncondition (ordinary wear and tear excepted), and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately advise Silicon in writing of any material loss or damage to any material portion of the Collateral.
Appears in 1 contract
