Common use of Nature of Collateral Clause in Contracts

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 52 contracts

Samples: Security Agreement (PROG Holdings, Inc.), Security and Pledge Agreement (Agilysys Inc), Security and Pledge Agreement (Bowman Consulting Group Ltd.)

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Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Collateral Agent shall have a perfected Lien on such Fixture or real property.

Appears in 8 contracts

Samples: Security Agreement (Huron Consulting Group Inc.), Security and Pledge Agreement (StoneX Group Inc.), Pledge and Security Agreement (Computer Programs & Systems Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien on such Fixture or real property.

Appears in 6 contracts

Samples: Security and Pledge Agreement (Bowman Consulting Group Ltd.), Security and Pledge Agreement (AstroNova, Inc.), Security and Pledge Agreement

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Secured Party shall have a perfected Lien on such Fixture or real property.

Appears in 5 contracts

Samples: Amended and Restated Security Agreement (Air T Inc), Security Agreement, Amended and Restated Security Agreement (Air T Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which that would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 4 contracts

Samples: Security and Pledge Agreement (LIVE VENTURES Inc), Credit Agreement (IASIS Healthcare LLC), Revolving Credit Agreement (IASIS Healthcare LLC)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien on such Fixture or real property.

Appears in 3 contracts

Samples: Security and Pledge Agreement (HCI Group, Inc.), Amended and Restated Security and Pledge Agreement (HCI Group, Inc.), Security and Pledge Agreement (HCI Group, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real propertyproperty (other than trade fixtures), unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 3 contracts

Samples: Security and Pledge Agreement (Balchem Corp), Security and Pledge Agreement (Balchem Corp), Security and Pledge Agreement (Balchem Corp)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any material portion of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien on such Fixture or real property.

Appears in 3 contracts

Samples: Security and Pledge Agreement (Inseego Corp.), Security and Pledge Agreement (Inseego Corp.), Security and Pledge Agreement (Resources Connection Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Servicer shall have a perfected Lien on such Fixture or real property.

Appears in 3 contracts

Samples: Loan Facility Agreement and Guaranty (Aaron's Company, Inc.), Loan Facility Agreement and Guaranty (Aaron's Company, Inc.), Loan Facility Agreement and Guaranty (Aaron's Company, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, property (unless the Administrative Agent shall have a perfected Lien on such Fixture or real property), except to the extent that the value of such personal property in the aggregate for all such personal property of all Obligors so affixed or made into real property does not exceed $2,500,000.

Appears in 3 contracts

Samples: Security and Pledge Agreement (Interface Inc), Security and Pledge Agreement (Interface Inc), Security and Pledge Agreement (Interface Inc)

Nature of Collateral. At all times maintain the material Collateral as personal property and not affix any of the such Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 2 contracts

Samples: Security and Pledge Agreement, Security and Pledge Agreement (Nautilus, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any material portion of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 2 contracts

Samples: Security and Pledge Agreement (Newport Corp), Security and Pledge Agreement (Newport Corp)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien on such Fixture or real property.;

Appears in 1 contract

Samples: Security and Pledge Agreement (Sciquest Inc)

Nature of Collateral. At all times maintain the Collateral, other than Collateral consisting of Fixtures or real property, as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real propertyproperty or the aggregate value of Collateral so affixed is less than $500,000.

Appears in 1 contract

Samples: Security and Pledge Agreement (B. Riley Financial, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real propertyproperty except in the ordinary course of business, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Security and Pledge Agreement (Kid Brands, Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral with an aggregate value for all such Collateral in excess of $250,000 to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Security and Pledge Agreement (Anika Therapeutics, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture (except with respect to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real propertyfixtures).

Appears in 1 contract

Samples: Canadian Security and Pledge Agreement (Radius Recycling, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Joint Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Security and Pledge Agreement (Green Plains Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Collateral Agent shall have a perfected Lien on such Fixture or real propertyproperty or shall have agreed otherwise.

Appears in 1 contract

Samples: Credit Agreement (Kapstone Paper & Packaging Corp)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Security Agreement (Schnitzer Steel Industries Inc)

Nature of Collateral. At all times maintain the Collateral of such Obligor as personal property and not affix any of the such Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Security and Pledge Agreement (AeroVironment Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.. CHAR1\1795056v6

Appears in 1 contract

Samples: Security and Pledge Agreement (Lydall Inc /De/)

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Nature of Collateral. At all times maintain the Collateral as personal property and not affix any Collateral that is material to the business of the Collateral Grantors or otherwise of any material value, or any Anktiva Collateral, to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Purchaser Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Security and Pledge Agreement (ImmunityBio, Inc.)

Nature of Collateral. At all times times, maintain the Collateral as personal property and not affix any material portion of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Pledge and Security Agreement (Citizens, Inc.)

Nature of Collateral. At Such Obligor shall at all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Loan, Security and Pledge Agreement (Greenlane Holdings, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have either (i) a perfected Lien on such Fixture or real propertyproperty or (ii) granted its consent to such a change thereof.

Appears in 1 contract

Samples: Credit Agreement (Dice Holdings, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien lien on such Fixture or real property.

Appears in 1 contract

Samples: Form of Security and Pledge Agreement (Advanced Energy Industries Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Security and Pledge Agreement (Pernix Therapeutics Holdings, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature CHI:2851193.2 from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Security and Pledge Agreement (Wausau Paper Corp.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Security and Pledge Agreement (Ciber Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and and, other than with respect to Equipment installed by Grantor in the ordinary course of its business, to the extent the same may constitute a fixture under applicable law, not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Security and Pledge Agreement (Abovenet Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would with the intent to change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien lien on such Fixture or real property.

Appears in 1 contract

Samples: Security Agreement (BBX Capital, Inc.)

Nature of Collateral. At all times times, maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Collateral Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Pledge and Security Agreement (Viemed Healthcare, Inc.)

Nature of Collateral. At all times maintain the Collateral of such Obligor as personal property (except for Fixtures located on real property set forth on Schedule 6.6(c) of the Credit Agreement) and not affix any of the such Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Collateral Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Samples: Security and Pledge Agreement (Owens & Minor Inc/Va/)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture (except with respect to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real propertyFixtures).

Appears in 1 contract

Samples: Security and Pledge Agreement (Radius Recycling, Inc.)

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