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Common use of Tangible Collateral Clause in Contracts

Tangible Collateral. Tangible Collateral is in good operating condition and repair, normal wear and tear excepted.

Appears in 5 contracts

Sources: Credit Agreement (ADESTO TECHNOLOGIES Corp), Credit Agreement (ADESTO TECHNOLOGIES Corp), Credit Agreement (Identive Group, Inc.)

Related Clauses

  • Assemble Collateral
  • Eligible Collateral
  • Negotiable Collateral
  • Real Estate Collateral
  • Personal Property Collateral

Parent Clauses

  • Negative Covenants of Borrower
  • REPRESENTATIONS AND WARRANTIES
  • NEGATIVE COVENANTS
  • Affirmative Covenants
  • NEGATIVE COVENANTS OF BORROWERS

Sub-Clauses

  • Good Repair
  • Insurance Requirements
  • Use of Collateral
  • Certificates of Title
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