Common use of an Event of Loss Clause in Contracts

an Event of Loss. In the case of clauses (1), (2) or (3), whether in a single transaction or a series of related transactions: (A) that have a Fair Market Value in excess of $2.5 million; or (B) for Net Proceeds in excess of $2.5 million. Notwithstanding the foregoing, none of the following will be deemed to be an Asset Sale: (1) a transfer of assets to the Company or any Restricted Subsidiary of the Company (other than a Receivables Entity); (2) an issuance of Equity Interests by a Restricted Subsidiary of the Company to the Company or to a Restricted Subsidiary of the Company; (3) for purposes of Section 5.10 only, a Restricted Payment that is permitted by Section 5.07 or a Permitted Investment;

an Event of Loss. In the case of any of the immediately preceding clauses (1), (2) or (3), whether in a single transaction or a series of related transactions: (A) that have a Fair Market Value in excess of $2.5 5.0 million; or (B) for Net Proceeds in excess of $2.5 5.0 million. Notwithstanding the foregoing, none of the following will be deemed to be an Asset Sale: (1) a transfer of assets (a) to the Company or any Restricted Guarantor or (b) by a Foreign Subsidiary of the Company (other than a Receivables Entity)to another Foreign Subsidiary; (2) an issuance of Equity Interests by a Restricted Subsidiary of the Company to the Company or to a Restricted Subsidiary of the Company; (3) for purposes of Section 5.10 only, a Restricted Payment that is permitted by Section 5.07 or a Permitted Investment;

an Event of Loss. In the case of clauses either clause (1), (2) or (3), whether in a single transaction or a series of related transactions: (A) that have a Fair Market Value in excess of $2.5 1.0 million; or (B) for Net Proceeds in excess of $2.5 1.0 million. Notwithstanding the foregoing, none of the following will be deemed to be an Asset Sale: (1) a transfer of assets (a) to the Company Issuers or any Restricted Guarantor or (b) by a Foreign Subsidiary of the Company (other than a Receivables Entity)to another Foreign Subsidiary; (2) an issuance of Equity Interests by a Restricted Subsidiary of the Company to the Company or to a Restricted Subsidiary of the Company; (3) for purposes of Section 5.10 only, a Restricted Payment that is permitted by Section 5.07 or a Permitted Investment;

an Event of Loss. In the case of clauses clause (1), (2) or (3), whether in a single transaction or a series of related transactions: (A) that have a Fair Market Value in excess of $2.5 5.0 million; or (B) for Net Proceeds in excess of $2.5 5.0 million. Notwithstanding the foregoing, none of the following will be deemed to be an Asset Sale: (1) a transfer of assets to the Company or any Restricted Subsidiary of the Company (other than a Receivables Entity); (2) an issuance of Equity Interests by a Restricted Subsidiary of the Company to the Company or to a Restricted Subsidiary of the Company; (3) for purposes of Section 5.10 only, a Restricted Payment that is permitted by Section 5.07 or a Permitted Investment;