Common use of Use of Collateral Clause in Contracts

Use of Collateral. Not to use or permit any Collateral to be used unlawfully or in violation of any provision of this Security Agreement, any other agreement with Secured Party related hereto or any applicable statute, regulation, or ordinance or any policy of insurance covering the Collateral.

Appears in 8 contracts

Samples: Security Agreement (Dawson Geophysical Co), Security Agreement (Dawson Geophysical Co), Security Agreement (Dawson Geophysical Co)

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Use of Collateral. Not to use any Collateral, or permit any Collateral to be used used, unlawfully or in violation of any provision of this Security Agreement, any other agreement with Secured Party related hereto the Agent or any applicable statuteof the other Secured Parties related hereto, or any law, rule, regulation, order, writ, judgment, injunction, decree or ordinance award binding on the Debtor or affecting any of the Collateral or any policy contractual obligation affecting any of insurance covering the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Gsi Group Inc)

Use of Collateral. Not to use use, or permit any Collateral to be used unlawfully or used, any Pledged Collateral, in violation in any material respects of any provision of (i) this Security Agreement, (ii) any other agreement with the Secured Party related hereto or hereto, (iii) any applicable statute, regulation, regulation or ordinance or (iv) any policy of insurance covering the Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (Veriteq)

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Use of Collateral. Not to use or permit any Collateral to be used unlawfully or in violation of any provision of this Security Agreement, any other agreement with Secured Party Collateral Agent related hereto or any applicable statute, regulation, or ordinance or any policy of insurance covering the Collateral.

Appears in 1 contract

Samples: Security Agreement (Quality Products Inc)

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