Pledges of Receivables. Except to secure the Working Capital Loan, the Borrower has not pledged its Accounts as collateral security for any loan or indebtedness other than the Loan.
Appears in 2 contracts
Samples: Loan Agreement (Advocat Inc), Loan Agreement (Advocat Inc)
Pledges of Receivables. Except to secure the Working Capital Loan, the The Borrower has not pledged its Accounts as collateral security for any loan or indebtedness other than than, if applicable, the Loan.
Appears in 2 contracts
Samples: Subordination and Attornment Agreement (Ensign Group, Inc), Loan Agreement (Alternative Living Services Inc)