Common use of Abandonment, Taking, Total Loss Clause in Contracts

Abandonment, Taking, Total Loss. (i) No Event of Abandonment or Event of Total Loss shall have occurred and be continuing with respect to the Project, (ii) no Event of Taking relating to any Equity Interests in the Borrower shall have occurred and be continuing, or (iii) no Event of Taking with respect to a material part of the Project shall have occurred.

Appears in 4 contracts

Samples: Credit Agreement (Nova Biosource Fuels, Inc.), Senior Credit Agreement (Advanced BioEnergy, LLC), Blocked Account Agreement (First United Ethanol LLC)

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Abandonment, Taking, Total Loss. (i) No Event of Abandonment or Event of Total Loss shall have occurred and be continuing with respect to the Project, (ii) no Event of Taking relating to any Equity Interests in the Borrower or the Lessee shall have occurred and be continuing, or (iii) no Event of Taking with respect to a material part of the Project shall have occurred.

Appears in 2 contracts

Samples: Credit Agreement (Renewable Energy Group, Inc.), Credit Agreement (Renewable Energy Group, Inc.)

Abandonment, Taking, Total Loss. (i) No Event of Abandonment or Event of Total Loss shall have occurred and be continuing with respect to the Project, Project for which a funding is being requested and (ii) no Event of Taking relating to any Equity Interests in the Borrower shall have occurred and be continuing, or (iii) no Event of Taking with respect to a material part of the Project with respect to which any funding is being requested shall have occurred, in each case as certified to by the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (GreenHunter Energy, Inc.), Credit Agreement (GreenHunter Energy, Inc.)

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Abandonment, Taking, Total Loss. (i) No Event of Abandonment or Event of Total Loss shall have occurred and be continuing with respect to the Project, (ii) no Event of Taking relating to any Equity Interests in forming part of the Borrower Collateral shall have occurred and be continuing, or (iii) no Event of Taking with respect to a material part of the Project shall have occurred.

Appears in 1 contract

Samples: Possession Credit Agreement

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