Common use of As to Commercial Tort Claims Clause in Contracts

As to Commercial Tort Claims. If any Grantor shall obtain an interest in any Commercial Tort Claim with a potential value in excess of $1,000,000, such Grantor shall within thirty (30) days of obtaining such interest sign and deliver documentation acceptable to the Administrative Agent granting a security interest under the terms and provisions of this Agreement in and to such Commercial Tort Claim.

Appears in 6 contracts

Samples: Credit Agreement (SWIFT TRANSPORTATION Co), Credit Agreement (SWIFT TRANSPORTATION Co), Guarantee and Collateral Agreement (SWIFT TRANSPORTATION Co)

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As to Commercial Tort Claims. If any Grantor shall obtain an interest in any Commercial Tort Claim commercial tort claim with a potential value in excess of $1,000,0002,000,000, such Grantor shall within thirty (30) 20 days of obtaining such interest sign and deliver documentation acceptable to the Administrative Agent granting a security interest under the terms and provisions of this Agreement in and to such Commercial Tort Claimcommercial tort claim including a supplement to Schedule IV hereto.

Appears in 1 contract

Samples: Credit Agreement (Nine Energy Service, Inc.)

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