Common use of Preservation of Secured Shares Clause in Contracts

Preservation of Secured Shares. The Chargor shall not do, or permit to be done, any act or thing that would or might depreciate, jeopardise or otherwise prejudice the Security, or diminish the value of any of the Secured Shares and/or the Related Rights or the effectiveness of the Security.

Appears in 4 contracts

Samples: Shin Nippon Biomedical Laboratories, Ltd., Shin Nippon Biomedical Laboratories, Ltd., Shin Nippon Biomedical Laboratories, Ltd.

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