Notice of Loss. The Grantor will promptly notify the Secured Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to Grantor, in any material item of Collateral or the prospect of payment or performance thereof.
Appears in 19 contracts
Samples: Security Agreement, Security Agreement (Electromed, Inc.), Security Agreement (Electromed, Inc.)
Notice of Loss. The Grantor will promptly notify the -------------- Secured Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to Grantor, in any material item of Collateral or the prospect of payment or performance thereof.
Appears in 6 contracts
Samples: Security Agreement (Omega Cabinets LTD), Security Agreement (Omega Cabinets LTD), Security Agreement (Panther Transport Inc)
Notice of Loss. The Grantor will promptly notify the Secured Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to the Grantor, in any material item of Collateral or the prospect of payment or performance thereof.
Appears in 5 contracts
Samples: Security and Pledge Agreement (Gold Torrent, Inc.), Security Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Security Agreement (Vie Financial Group Inc)
Notice of Loss. The Each Grantor will promptly notify the Secured Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to such Grantor, in any material item of Collateral or the prospect of payment or performance thereof.
Appears in 2 contracts
Samples: Credit Agreement (Dolan Media CO), Security Agreement (Quantum Fuel Systems Technologies Worldwide Inc)
Notice of Loss. The Grantor Grantors will promptly notify the Secured Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to any Grantor, in any material item of Collateral or the prospect of payment or performance thereof, in each case that would reasonably be expected to cause a Material Adverse Effect.
Appears in 2 contracts
Samples: Pledge and Security Agreement, Pledge and Security Agreement (Gaming Partners International CORP)
Notice of Loss. The Grantor will promptly notify the Secured Party Parties of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to Grantor, in any material item of Collateral or the prospect of payment or performance thereof.
Appears in 1 contract
Samples: Security Agreement (Quantum Fuel Systems Technologies Worldwide Inc)
Notice of Loss. The Grantor Grantors will promptly notify the Secured Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to GrantorGrantors, in any material item of Collateral or the prospect of payment or performance thereof.
Appears in 1 contract
Notice of Loss. The Grantor will shall promptly notify the Secured Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to Grantor, in any material item of Collateral or the prospect of payment or performance thereof.
Appears in 1 contract
Notice of Loss. The Grantor Grantors will promptly notify the Secured Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to any Grantor, in any material item of Collateral or the prospect of payment or performance thereof.
Appears in 1 contract
Samples: Security Agreement (Sheldahl Inc)
Notice of Loss. The Grantor will promptly notify the Secured -------------- Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to Grantor, in any material item of Collateral or the prospect of payment or performance thereof.
Appears in 1 contract
Samples: Security Agreement (Ns8 Corp)
Notice of Loss. The Grantor Grantors will promptly notify the Secured Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to Grantorthe Grantors, in any material item of Collateral or the prospect of payment or performance thereof.
Appears in 1 contract
Samples: Security Agreement (Winmark Corp)
Notice of Loss. The Grantor Grantors will promptly notify the Secured Party of any loss of or material damage to any material item of Collateral or of any substantial adverse change, known to GrantorGrantors, or any of them, in any material item of Collateral or the prospect of payment or performance thereof; provided, that any failure or delay by the Grantor hereunder shall not constitute an Event of Default unless such notice is not provided within [thirty (30)] days after any such occurrence.
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