Common use of Transactions Affecting Collateral or Obligations Clause in Contracts

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Trend Lines Inc), Loan and Security Agreement (Trend Lines Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Trend Lines Inc)

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