Seizures. Any portion of the Collateral in excess of the Materiality Threshold shall be seized or taken by a Governmental Authority, or any Borrower or the title and rights of any Borrower shall have become the subject matter of litigation which could reasonably be expected, in the opinion of Agent, upon final determination, to result in material impairment or loss of such Collateral;
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Samples: Credit and Security Agreement (Lexington Precision Corp), Loan and Security Agreement (Lexington Precision Corp)
Seizures. Any material portion of the Collateral in excess of the Materiality Threshold shall be seized or taken by a Governmental AuthorityBody, or any Borrower or the title and rights of any Borrower shall have become the subject matter of litigation which could reasonably be expected, in the opinion of AgentLender, upon final determination, to result in material impairment or loss of such Collateralany security provided by this Agreement or the Other Documents;
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Seizures. Any material portion of the Collateral in excess of the Materiality Threshold shall be seized or taken by a Governmental AuthorityBody, or any Borrower or the title and rights of any Borrower shall have become the subject matter of litigation which could reasonably be expected, in the opinion of Agentthe Required Lenders, upon final determination, to result in material impairment or loss of such Collateral;any security provided by this Agreement or the other Loan Document.
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