Notice of Lien Proceeding. Debtor shall give Secured Party immediate written notice of the threat by any Person to commence any proceedings on a material portion of the Collateral or any other Lien Proceeding.
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Samples: Security Agreement (Future Now Group Inc.), Security Agreement (Seawright Holdings Inc), Security Agreement (Nighthawk Systems Inc)
Notice of Lien Proceeding. Debtor shall give Secured Party immediate written notice of the threat or action by any Person or entity to commence any proceedings on a material any portion of the Collateral or any other Lien ProceedingProceeding or any filing or threat to file an action against Debtor.
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Notice of Lien Proceeding. Debtor shall give Secured Party immediate written notice of (a) the threat by any Person to commence any proceedings on a material portion Lien Proceeding, and (b) the commencement of the Collateral or any other Lien Proceeding.
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