Common use of Terminations; Amendments Not Authorized Clause in Contracts

Terminations; Amendments Not Authorized. Each Corporate Credit Party executing this Agreement acknowledges that it is not authorized to file any financing statement or amendment or termination statement with respect to any financing statement without the prior written consent of Lender and agrees that it will not do so without the prior written consent of Lender, subject to Borrower’s rights under Section 9-509(d)(2) of the UCC.

Appears in 4 contracts

Samples: Loan and Security Agreement (Digirad Corp), Loan and Security Agreement (Digirad Corp), Intellectual Property Security Agreement (Kush Bottles, Inc.)

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Terminations; Amendments Not Authorized. Each Corporate Credit Party executing this Agreement acknowledges that it is not authorized to file any financing statement or amendment or termination statement with respect to any financing statement without the prior written consent of Lender Lxxxxx and agrees that it will not do so without the prior written consent of LenderLxxxxx, subject to BorrowerBxxxxxxx’s rights under Section 9-509(d)(2) of the UCC.

Appears in 2 contracts

Samples: Loan and Security Agreement (Digirad Corp), Loan and Security Agreement (Digirad Corp)

Terminations; Amendments Not Authorized. Each Corporate Credit Party executing this Agreement acknowledges that it is not authorized to file any financing statement or amendment or termination statement with respect to any financing statement without the prior written consent of Lender Agent and agrees that it will not do so without the prior written consent of LenderAgent, subject to Borrower’s rights under Section 9-509(d)(2) of the UCC.

Appears in 1 contract

Samples: Loan and Security Agreement (XCel Brands, Inc.)

Terminations; Amendments Not Authorized. Each Corporate Credit Party Borrower executing this Agreement acknowledges that it is not authorized to file any financing statement or amendment or termination statement with respect to any financing statement without the prior written consent of Lender and agrees that it will not do so without the prior written consent of Lender, subject to Borrower’s rights under Section 9-509(d)(2) of the UCC.

Appears in 1 contract

Samples: Loan and Security Agreement (ATRM Holdings, Inc.)

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Terminations; Amendments Not Authorized. Each Corporate Credit Party executing this Agreement acknowledges that it is not authorized to file any financing statement or amendment or termination statement with respect to any financing statement filed pursuant to the Loan Documents without the prior written consent of the Lender and agrees that it will not do so without the prior written consent of the Lender, subject to Borrower’s the rights of the Credit Parties under Section 9-509(d)(2) of the UCC.

Appears in 1 contract

Samples: Security Agreement (Applica Inc)

Terminations; Amendments Not Authorized. Each Corporate Credit Party executing this Agreement acknowledges that other than in connection with the Refinancing it is not authorized to file any financing statement or amendment or termination statement with respect to any financing statement filed pursuant to the Loan Documents without the prior written consent of Lender Agent and agrees that it will not do so without the prior written consent of LenderAgent, subject to Borrower’s the rights of the Credit Parties under Section 9-509(d)(2) of the UCC.

Appears in 1 contract

Samples: Security Agreement (Applica Inc)

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