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Common use of Condition of Collateral Clause in Contracts

Condition of Collateral. The Collateral is not now damaged or injured as a result of any fire, explosion, accident, flood or other casualty.

Appears in 10 contracts

Sources: Loan Amendment and Consent Agreement (Venus Concept Inc.), Loan Agreement (Venus Concept Inc.), Loan and Security Agreement (Venus Concept Inc.)

Related Clauses

  • Inspection of Collateral
  • Retention of Collateral
  • Location of Collateral
  • Preservation of Collateral
  • Possession of Collateral

Parent Clauses

  • Foreclosure Procedures
  • REPRESENTATIONS, WARRANTIES AND COVENANTS
  • Further Assurances Covenants
  • Representations and Warranties
  • AFFIRMATIVE COVENANTS

Sub-Clauses

  • MAINTENANCE OF COLLATERAL
  • QUARTERLY FINANCIAL STATEMENTS
  • MAINTENANCE OF PROPERTIES
  • NOTICE OF MATERIAL PROCEEDINGS
  • GUARANTOR FINANCIAL STATEMENTS
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