Material Impairment. There is a material impairment of the prospect of repayment of the Obligations or a material impairment of Lender's continuing security interests in the Collateral;
Appears in 3 contracts
Samples: Loan and Security Agreement (Optical Cable Corp), Loan and Security Agreement (AMERI Holdings, Inc.), Loan and Security Agreement (Ag&e Holdings Inc.)
Material Impairment. There is a material impairment of the prospect of repayment of any portion of the Obligations owing to Lender or a material impairment of the value or priority of Lender's continuing security interests in the Collateral;
Appears in 2 contracts
Samples: Loan and Security Agreement (Eip Microwave Inc), Loan and Security Agreement (Ct Holdings Inc)
Material Impairment. There is a material impairment of the prospect of repayment of the Obligations or a material impairment of Lender's ’s continuing security interests in the Collateral;
Appears in 2 contracts
Samples: Loan and Security Agreement (Polar Power, Inc.), Loan and Security Agreement (Corporate Resource Services, Inc.)