Common use of Transactions Affecting Collateral or Obligations Clause in Contracts

Transactions Affecting Collateral or Obligations. No Borrower or any of its Subsidiaries shall enter into any transaction which materially and adversely affects the Collateral taken as a whole or such Borrower's ability to repay the Obligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (Outlook Group Corp), Loan and Security Agreement (Outlook Group Corp)

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Transactions Affecting Collateral or Obligations. No Borrower or any of its Subsidiaries shall enter into any transaction which materially and adversely affects the Collateral taken as a whole or such Borrower's ability to repay the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Outlook Group Corp)

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Transactions Affecting Collateral or Obligations. No Borrower or any of its Subsidiaries shall enter into any transaction which materially and adversely affects the Collateral taken as a whole or such Borrower's ability to repay the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Roadmaster Industries Inc)

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