Value of Collateral. Borrower will not take any action which could result in any material impairment of the value of any Collateral.
Value of Collateral. The "Collateral Value" of Collateral shall be determined at any given time as follows:
Value of Collateral. The value, as reasonably determined by IDED, of the Secured Property shall meet or exceed the amount of Award funds disbursed.
Value of Collateral. The aggregate value of the collateral as of the date hereof is equal to not less than $1,000,000.
Value of Collateral. The value of the Collateral as of the date hereof is approximately $10,000,000.
Value of Collateral. If in any Lender’s reasonable judgment the Inventory or the Motor Vehicles have materially decreased in value, other than through ordinary depreciation, the Borrowers shall either provide enough additional Collateral to satisfy the Lenders or reduce the Obligations by an amount sufficient to satisfy the Lenders.
Value of Collateral. The Grantor shall promptly notify the Collateral Agent in writing of any event known to the Grantor, which materially adversely affects the value of the Collateral.
Value of Collateral. (a) Within ten days of the execution of this Agreement, the Company shall cause to be deposited into the Account cash in the amount of the Required Pledge Amount.
(b) If the market value of the Pledged Assets ever exceeds 110% of the Required Pledge Amount (whether or not an Event of Default exists) during the term of this Agreement, the Company shall be entitled to a release and distribution from the Account of assets selected by the Company in excess of the Required Pledge Amount. Executive agrees to fully cooperate with the Company in obtaining such a distribution from the Account.
(c) If the market value of the Pledged Assets is ever less than 90% of the Required Pledge Amount during the term of this Agreement, the Company shall, within ten days of written demand by Executive to the Company, deposit cash into the Account in an amount necessary to bring the market value of the Pledged Assets to the Required Pledge Amount.
(d) If Executive's monthly gross salary increases during the term of this Agreement, then Executive may require, by written notice to the Company, that the Required Pledge Amount be increased to reflect his then-current monthly gross salary (the "Adjusted Required Pledge Amount"), and that the Company deposit cash into the Account in an amount necessary to bring the market value of the Pledged Assets to the Adjusted Required Pledge Amount.
(e) During the term of this Agreement the Company shall be permitted to invest funds in the Account in accordance with the investment guidelines attached to this Agreement as Exhibit A. ---------
Value of Collateral. Bank shall not in any way or manner be liable or responsible for: (a) the safekeeping of the Collateral; (b) any loss or damage to the Collateral or occurring or arising in any manner or fashion from any cause; (c) any diminution in the value of the Collateral; or (d) any act or default by any carrier, warehouseman, bailee, forwarding agency or any other person or entity whomsoever. All risk of loss, damage, destruction or loss of value of the Collateral shall be borne by Borrower, whether or not Borrower shall be in possession or control of the Collateral.
Value of Collateral. If in Lender's judgment the Collateral has materially decreased in value, other than the ordinary depreciation of Financed Vehicles, Borrower shall either provide enough additional Collateral to satisfy Lender or reduce the Loan by an amount sufficient to satisfy Lender.
