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Common use of No Impairment of Security Clause in Contracts

No Impairment of Security. The Pledgor shall not take any action that, or fail to take any action if such failure would, impair in any manner the enforceability of the Collateral Agent's security interest in and Lien on any Collateral.

Appears in 1 contract

Samples: Credit Agreement (Pacific Ethanol, Inc.)

No Impairment of Security. The Pledgor shall not take any action thataction, or fail to take any action if such failure wouldaction, that would impair in any manner the enforceability of the Collateral Agent's ’s security interest in and Lien on any Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (First United Ethanol LLC)

No Impairment of Security. The Pledgor shall not take any action that, or fail to take any action if such failure would, would impair in any manner the enforceability of the Collateral Agent's Pledgee’s security interest in and Lien on any Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Golden Telecom Inc)

No Impairment of Security. The Pledgor shall not take any action thatthat will, or fail to take any action if such failure would, impair in any manner the enforceability of the Collateral Agent's security interest in and Lien on any Collateral.

Appears in 1 contract

Samples: Equity Pledge Agreement (Us Geothermal Inc)

No Impairment of Security. The Except for the commencement of the Cases, the Pledgor shall not take any action that, or fail to take any action if such failure would, impair in any manner the enforceability of the Collateral Agent's ’s security interest in and Lien on any Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Pacific Ethanol, Inc.)

No Impairment of Security. The Pledgor shall not take any action thataction, or fail to take any action if such failure wouldaction, that would impair in any manner material respect the enforceability of the P1 Collateral Agent's ’s security interest in and Lien on any Collateral, subject to Permitted Equity Liens.

Appears in 1 contract

Samples: Pledge Agreement (NextDecade Corp.)