Common use of Validity of Security Clause in Contracts

Validity of Security. Do or permit anything to adversely affect the ranking or validity of the Security except by incurring a Permitted Encumbrance.

Appears in 3 contracts

Samples: Credit Agreement (VIQ Solutions Inc.), Credit Agreement, Credit Agreement (Accelerize Inc.)

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Validity of Security. Do Knowingly or permit anything to adversely affect the ranking or validity of the Security except by incurring a Permitted EncumbranceEncumbrance or as otherwise expressly authorized in this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Integra Resources Corp.), Credit Agreement (Integra Resources Corp.)

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