Common use of Transactions Affecting Collateral or Obligations Clause in Contracts

Transactions Affecting Collateral or Obligations. Neither Borrower shall enter into any transaction which materially and adversely affects the Collateral or a Borrower's ability to repay the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Imation Corp)

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Transactions Affecting Collateral or Obligations. Neither Borrower nor any of their Subsidiaries shall enter into any transaction which materially and adversely affects the Collateral or a Borrower's ability to repay the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (California Microwave Inc)

Transactions Affecting Collateral or Obligations. Neither Borrower nor any of its Subsidiaries shall enter into any transaction which materially and adversely affects the Collateral or a Borrower's ability to repay the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Country Star Restaurants Inc)

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Transactions Affecting Collateral or Obligations. Neither the Borrower nor any of its Subsidiaries shall enter into any transaction which that materially and adversely affects the Collateral or a the Borrower's ability to repay the Loan Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Guilford Pharmaceuticals Inc)

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