Common use of Specific Purpose or Intent Clause in Contracts

Specific Purpose or Intent. Each amendment, modification, termination, waiver or consent shall be effective only in the specific instance and for the specific purpose for which it was given. No amendment, modification, termination, waiver or consent shall be required for Agent to take additional Collateral.

Appears in 5 contracts

Samples: Loan and Security Agreement (Cardlytics, Inc.), Loan and Security Agreement (Pizza Inn Holdings, Inc /Mo/), Loan and Security Agreement (Banctec Inc)

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Specific Purpose or Intent. Each amendment, modification, termination, waiver or consent shall be effective only in the specific instance and for the specific purpose for which it was given. No amendment, modification, termination, waiver or consent shall be required for Collateral Agent to take additional Collateral.

Appears in 2 contracts

Samples: Loan and Security Agreement (Sun Healthcare Group Inc), Loan and Security Agreement (Sun Healthcare Group Inc)

Specific Purpose or Intent. Each amendment, modification, termination, waiver or consent shall be effective only in the specific instance and for the specific purpose for which it was given. No amendment, modification, termination, waiver or consent shall be required for Agent to take additional Collateral.

Appears in 1 contract

Samples: Loan Agreement (ReFinance America, LTD)

Specific Purpose or Intent. Each amendment, modification, termination, waiver or consent shall will be effective only in the specific instance and for the specific purpose for which it was given. No amendment, modification, termination, waiver or consent shall of the other Lenders will be required for Agent to take additional Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Arvinmeritor Inc)

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Specific Purpose or Intent. Each amendment, modification, termination, waiver or consent shall be effective only in the specific instance and for the specific purpose for which it was given. No amendment, modification, termination, waiver or consent shall be required for Agent to take an interest in additional Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Green Plains Inc.)

Specific Purpose or Intent. Each amendment, modification, -------------------------- termination, waiver or consent shall be effective only in the specific instance and for the specific purpose for which it was given. No amendment, modification, termination, waiver or consent shall be required for Agent to take additional Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Banctec Inc)

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