Common use of Miscellaneous Covenants Clause in Contracts

Miscellaneous Covenants. a. Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound.

Appears in 5 contracts

Samples: Loan and Security Agreement (Soluna Holdings, Inc), Loan and Security Agreement (KeyStone Solutions, Inc.), Loan and Security Agreement ('Mktg, Inc.')

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Miscellaneous Covenants. a. (a) Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound.

Appears in 5 contracts

Samples: Loan Documents (Newtek Business Services Corp.), Loan and Security Agreement (Newtek Business Services, Inc.), Loan and Security Agreement (Newtek Business Services, Inc.)

Miscellaneous Covenants. a. Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound.

Appears in 4 contracts

Samples: Loan Agreement (Lightpath Technologies Inc), Loan and Security Agreement (WPCS International Inc), Loan and Security Agreement (Empire Resorts Inc)

Miscellaneous Covenants. a. (a) No Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs such Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.

Appears in 3 contracts

Samples: Senior Loan and Security Agreement (Interpool Inc), Credit Agreement (Phoenix Md Realty LLC), Loan and Security Agreement (Phoenix Color Corp)

Miscellaneous Covenants. a. No Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s ability to perform under this Agreement, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.

Appears in 2 contracts

Samples: Loan and Security Agreement (Amerinac Holding Corp.), Loan and Security Agreement (Amerinac Holding Corp.)

Miscellaneous Covenants. a. (a) Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound.

Appears in 2 contracts

Samples: Loan and Security Agreement (Qk Healthcare Inc), Loan and Security Agreement (RCM Technologies Inc)

Miscellaneous Covenants. a. (a) No Borrower shall not may become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs any Borrower’s 's ability to perform under this Agreement, Agreement or under any other instrument, agreement or document to which any Borrower is a party or by which it is or may be bound.; and

Appears in 1 contract

Samples: Loan and Security Agreement (Pia Merchandising Services Inc)

Miscellaneous Covenants. a. (a) The Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs the Borrower’s 's ability to perform under this Agreement, any other Loan Document, or under any other instrument, agreement or document to which the Borrower is a party or by which it is or may be bound.

Appears in 1 contract

Samples: Loan and Security Agreement (RCM Technologies Inc)

Miscellaneous Covenants. a. (a) Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or under any other material instrument, agreement or document to which Borrower is a party or by which it is or may be bound.

Appears in 1 contract

Samples: Loan and Security Agreement (Ecc International Corp)

Miscellaneous Covenants. a. (a) Neither Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs such Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.

Appears in 1 contract

Samples: Loan and Security Agreement (Capital Associates Inc)

Miscellaneous Covenants. a. Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or under any other instrumentinstru-ment, agreement or document to which Borrower is a party or by which it is or may be bound.

Appears in 1 contract

Samples: Loan and Security Agreement (Resource America Inc)

Miscellaneous Covenants. a. (a) The Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs the Borrower’s ability to perform under this Agreement, any other Loan Document, or under any other instrument, agreement or document to which the Borrower is a party or by which it is or may be bound.

Appears in 1 contract

Samples: Loan and Security Agreement (RCM Technologies Inc)

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Miscellaneous Covenants. a. (a) No Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement (1) materially impairs such Borrower’s 's ability to perform under this Agreement, Agreement or any Loan Document or (2) impairs such Borrower's ability to perform under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be boundbound as would be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Telespectrum Worldwide Inc)

Miscellaneous Covenants. a. Borrower shall not become (a) Become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound.

Appears in 1 contract

Samples: Loan and Security Agreement (Rait Investment Trust)

Miscellaneous Covenants. a. Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s ability to perform under this Agreement, or under any other material instrument, agreement or document to which Borrower is a party or by which it is or may be bound.

Appears in 1 contract

Samples: Loan and Security Agreement (Point Therapeutics Inc)

Miscellaneous Covenants. a. Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs Borrower’s 's ability to perform under this Agreement, or which results in a breach or violation under any other instrument, agreement or document to which Borrower is a party or by which it is or may be bound, the breach or violation of which can reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (American Technical Ceramics Corp)

Miscellaneous Covenants. a. (a) A Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs such Borrower’s ability to perform under this Agreement, any other Loan Document, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.

Appears in 1 contract

Samples: Loan Agreement (RCM Technologies, Inc.)

Miscellaneous Covenants. a. No Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs such Borrower’s ability to perform under this Agreement, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Inc)

Miscellaneous Covenants. a. (a) A Borrower shall not become or be a party to any contract or agreement which at the time of becoming a party to such contract or agreement materially impairs such Borrower’s 's ability to perform under this Agreement, any other Loan Document, or under any other instrument, agreement or document to which such Borrower is a party or by which it is or may be bound.

Appears in 1 contract

Samples: Loan Agreement (RCM Technologies Inc)

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