Common use of Nature of Collateral Clause in Contracts

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 51 contracts

Sources: Security and Pledge Agreement (Agilysys Inc), Security and Pledge Agreement (Bowman Consulting Group Ltd.), Credit Agreement (Aaron's Company, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Collateral Agent shall have a perfected Lien on such Fixture or real property.

Appears in 12 contracts

Sources: Security and Pledge Agreement (StoneX Group Inc.), Security Agreement (Huron Consulting Group Inc.), Security Agreement (Huron Consulting Group Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien on such Fixture or real property.

Appears in 7 contracts

Sources: Security and Pledge Agreement (Bowman Consulting Group Ltd.), Security and Pledge Agreement (Lifevantage Corp), Security and Pledge Agreement (AstroNova, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Secured Party shall have a perfected Lien on such Fixture or real property.

Appears in 5 contracts

Sources: Security Agreement (Air T Inc), Security Agreement, Security Agreement (Air T Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which that would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 4 contracts

Sources: Security and Pledge Agreement (LIVE VENTURES Inc), Revolving Credit Agreement (IASIS Healthcare LLC), Amended and Restated Credit Agreement (IASIS Healthcare LLC)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any material portion of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien on such Fixture or real property.

Appears in 3 contracts

Sources: Security and Pledge Agreement (Inseego Corp.), Security and Pledge Agreement (Inseego Corp.), Security and Pledge Agreement (Resources Connection Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, property (unless the Administrative Agent shall have a perfected Lien on such Fixture or real property), except to the extent that the value of such personal property in the aggregate for all such personal property of all Obligors so affixed or made into real property does not exceed $2,500,000.

Appears in 3 contracts

Sources: Security and Pledge Agreement (Interface Inc), Security and Pledge Agreement (Interface Inc), Security and Pledge Agreement (Interface Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien on such Fixture or real property.

Appears in 3 contracts

Sources: Security and Pledge Agreement (HCI Group, Inc.), Security and Pledge Agreement (HCI Group, Inc.), Security and Pledge Agreement (HCI Group, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Servicer shall have a perfected Lien on such Fixture or real property.

Appears in 3 contracts

Sources: Loan Facility Agreement (Aaron's Company, Inc.), Loan Facility Agreement and Guaranty (Aaron's Company, Inc.), Loan Facility Agreement (Aaron's Company, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any material portion of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 3 contracts

Sources: Security and Pledge Agreement (Resources Connection, Inc.), Security and Pledge Agreement (Newport Corp), Security and Pledge Agreement (Newport Corp)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real propertyproperty (other than trade fixtures), unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 3 contracts

Sources: Security and Pledge Agreement (Balchem Corp), Security and Pledge Agreement (Balchem Corp), Security and Pledge Agreement (Balchem Corp)

Nature of Collateral. At all times maintain the material Collateral as personal property and not affix any of the such Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 2 contracts

Sources: Security and Pledge Agreement, Security and Pledge Agreement (Nautilus, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Security and Pledge Agreement (Pernix Therapeutics Holdings, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture (except with respect to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real propertyfixtures).

Appears in 1 contract

Sources: Canadian Security and Pledge Agreement (Radius Recycling, Inc.)

Nature of Collateral. At all times maintain the Collateral, other than Collateral consisting of Fixtures or real property, as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real propertyproperty or the aggregate value of Collateral so affixed is less than $500,000.

Appears in 1 contract

Sources: Security and Pledge Agreement (B. Riley Financial, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.. CHAR1\1795056v6

Appears in 1 contract

Sources: Security and Pledge Agreement (Lydall Inc /De/)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Security and Pledge Agreement (Ciber Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Joint Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Security and Pledge Agreement (Green Plains Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Collateral Agent shall have a perfected Lien on such Fixture or real propertyproperty so long as, prior to the 1st Lien Termination Date, such Lien is also required by any First Lien Agent.

Appears in 1 contract

Sources: Intercreditor Agreement (Babcock & Wilcox Enterprises, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien on such Fixture or real property.;

Appears in 1 contract

Sources: Security and Pledge Agreement (Sciquest Inc)

Nature of Collateral. At all times maintain the Collateral of such Obligor as personal property (except for Fixtures located on real property set forth on Schedule 6.6(c) of the Credit Agreement) and not affix any of the such Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Collateral Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Security and Pledge Agreement (Owens & Minor Inc/Va/)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property. (i) Issuance or Acquisition of

Appears in 1 contract

Sources: Security and Pledge Agreement (Good Times Restaurants Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature CHI:2851193.2 from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Intercreditor Agreement (Wausau Paper Corp.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would with the intent to change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien lien on such Fixture or real property.

Appears in 1 contract

Sources: Security Agreement (BBX Capital, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Collateral Agent shall have a perfected Lien on such Fixture or real propertyproperty or shall have agreed otherwise.

Appears in 1 contract

Sources: Credit Agreement (Kapstone Paper & Packaging Corp)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any Collateral that is material to the business of the Collateral Grantors or otherwise of any material value, or any Anktiva Collateral, to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Purchaser Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Security and Pledge Agreement (ImmunityBio, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real propertyproperty except in the ordinary course of business, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Security and Pledge Agreement (Kid Brands, Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture (except with respect to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real propertyFixtures).

Appears in 1 contract

Sources: Security and Pledge Agreement (Radius Recycling, Inc.)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien lien on such Fixture or real property.

Appears in 1 contract

Sources: Security and Pledge Agreement (Advanced Energy Industries Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Security Agreement (Schnitzer Steel Industries Inc)

Nature of Collateral. At all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have either (i) a perfected Lien on such Fixture or real propertyproperty or (ii) granted its consent to such a change thereof.

Appears in 1 contract

Sources: Credit Agreement (Dice Holdings, Inc.)

Nature of Collateral. At all times times, maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Collateral Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Pledge and Security Agreement (Viemed Healthcare, Inc.)

Nature of Collateral. At all times times, maintain the Collateral as personal property and not affix any material portion of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent Lender shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Pledge and Security Agreement (Citizens, Inc.)

Nature of Collateral. At all times maintain the Collateral, other than Collateral consisting of Fixtures or real property, as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real propertyproperty or the aggregate value of Collateral so affixed is less than $250,000.

Appears in 1 contract

Sources: Security and Pledge Agreement (B. Riley Financial, Inc.)

Nature of Collateral. At Such Obligor shall at all times maintain the Collateral as personal property and not affix any of the Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Loan Agreement (Greenlane Holdings, Inc.)

Nature of Collateral. At all times maintain the Collateral of such Obligor as personal property and not affix any of the such Collateral to any real property in a manner which would change its nature from personal property to real property or a Fixture to real property, unless the Administrative Agent shall have a perfected Lien on such Fixture or real property.

Appears in 1 contract

Sources: Security and Pledge Agreement (AeroVironment Inc)