Maintenance of Collateral. Borrower will maintain the Collateral in good working condition (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 45 contracts
Samples: Loan and Security Agreement (Relm Wireless Corp), Loan and Security Agreement (Exabyte Corp /De/), Loan and Security Agreement (Maxwell Technologies Inc)
Maintenance of Collateral. The Borrower will maintain the Collateral in good working condition (ordinary wear and tear excepted)condition, and the Borrower will not use the Collateral for any unlawful purpose. The Borrower will immediately advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 8 contracts
Samples: Loan and Security Agreement (Advanced Power Technology Inc), Loan and Security Agreement (Broadcom Corp), Loan and Security Agreement (Emulex Corp /De/)
Maintenance of Collateral. Borrower will maintain the Collateral in good working condition (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.. * PROMPTLY
Appears in 1 contract
Samples: Loan and Security Agreement (First Virtual Communications Inc)
Maintenance of Collateral. The Borrower will maintain the Collateral in good working condition (ordinary condition, reasonable wear and tear excepted), and the Borrower will not use the Collateral for any unlawful purpose. The 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 (Kofax Image Products Inc)
Maintenance of Collateral. Borrower will maintain the Collateral in good working condition (condition, 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 (Infinium Software Inc)
Maintenance of Collateral. Borrower will maintain the Collateral in good working condition (ordinary wear and tear exceptedexpected), 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 (ordinary wear and tear excepted), and Borrower will not use the Collateral for any unlawful purpose. Borrower will immediately as soon as practicable advise Silicon in writing of any material loss or damage to the Collateral.
Appears in 1 contract
