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Common use of Material Impairment Clause in Contracts

Material Impairment. There is a material impairment of the prospect of repayment of any portion of the Obligations owing to Fremont or a material impairment of the value or priority of Fremont's security interests in the Collateral;

Appears in 4 contracts

Samples: Loan and Security Agreement (Tristar Corp), Loan and Security Agreement (International Food & Beverage Inc /De/), Loan and Security Agreement (Annies Homegrown Inc)

Material Impairment. There is a material impairment of the prospect of repayment of any portion of the Obligations owing to Fremont or a material impairment of the value or priority of Fremont's security interests in the Collateral;; 8.7

Appears in 1 contract

Samples: Loan and Security Agreement (Eip Microwave Inc)