Common use of Disclosure of Material Matters Clause in Contracts

Disclosure of Material Matters. Immediately, and in any event within five days, upon learning thereof, report to Agent all matters affecting the value, enforceability or collectibility of any material portion of the Collateral, including any Borrower’s reclamation or repossession of, or the return to any Borrower of, a material amount of goods or claims or disputes asserted by any Customer or other obligor.

Appears in 5 contracts

Sources: Revolving Credit and Security Agreement (Green Plains Inc.), Revolving Credit and Security Agreement (Green Plains Inc.), Revolving Credit and Security Agreement (Green Plains Renewable Energy, Inc.)