Common use of Modification of Collateral Clause in Contracts

Modification of Collateral. Without the written consent of Secured Party, which consent shall not be unreasonably withheld, Debtor shall not agree to any modification of any of the terms of any accounts, contracts, chattel paper, general intangibles, or instruments constituting part of the Collateral.

Appears in 8 contracts

Samples: Security Agreement (American Physicians Service Group Inc), Security Agreement (American Physicians Service Group Inc), Security Agreement (American Physicians Service Group Inc)

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Modification of Collateral. Without the written consent of Secured Party, which consent shall not be unreasonably withheld, Debtor shall will not agree to any modification of terms in any writing related to the Collateral. Further, Debtor will not permit the Corporation to sell any material portion of the terms assets of any accounts, contracts, chattel paper, general intangiblesthe Corporation outside of the ordinary course of the business of the Corporation without the express written consent of Secured Party. Debtor will not cause, or instruments constituting part permit, the Corporation to issue any additional common stock or any other form of security without the Collateralexpress written consent of Secured Party.

Appears in 1 contract

Samples: Security Agreement Pledge (Eif Holdings Inc)

Modification of Collateral. Without the written consent of Secured Party, which consent shall not be unreasonably withheld, Debtor shall will not agree to any modification of any terms of the terms of Collateral or in any accounts, contracts, chattel paper, general intangibles, or instruments constituting part of writing related to the Collateral.

Appears in 1 contract

Samples: Security Agreement (Electronic Transmission Corp /De/)

Modification of Collateral. Without the written consent of Secured Party, which consent shall not be unreasonably withheld, Debtor shall not agree to any modification of any of the terms of any accounts, contracts, chattel paper, general intangibles, intangibles or instruments constituting part of the in Collateral.

Appears in 1 contract

Samples: Security Agreement (El Conquistador Partnership Lp)

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Modification of Collateral. Without the written consent of Secured -------------------------- Party, which consent shall not be unreasonably withheld, Debtor shall will not agree to any modification of terms in any of the terms of any accounts, contracts, chattel paper, general intangibles, or instruments constituting part of writing related to the Collateral, except in the ordinary course of business and not affecting the Collateral in a material adverse way.

Appears in 1 contract

Samples: Security Agreement (Bolt Technology Corp)

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