Common use of Casualties or Taking of Property Clause in Contracts

Casualties or Taking of Property. Except as would not result in a Material Adverse Effect, neither the business nor any Property of the Borrower has been materially adversely affected as a result of any fire, explosion, earthquake, flood, drought, windstorm, accident, strike or other labor disturbance, embargo, requisition or taking of Property, or cancellation of contracts, permits, or concessions by any Governmental Authority, riot, activities of armed forces, or acts of God.

Appears in 2 contracts

Samples: Credit Agreement (Primeenergy Corp), Credit Agreement (Primeenergy Corp)

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Casualties or Taking of Property. Except as would not result in a Material Adverse Effect, neither Neither the business nor any Property of the Borrower has been materially adversely affected as a result of any fire, explosion, earthquake, flood, drought, windstorm, accident, strike or other labor disturbance, embargo, requisition or taking of Property, Property or cancellation of contracts, permits, permits or concessions by any Governmental Authority, riot, activities of armed forces, forces or acts of God, which, as a result thereof, could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Fortune Natural Resources Corp)

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Casualties or Taking of Property. Except as would not result disclosed to the Lender in a Material Adverse Effectwriting prior to the Closing Date, neither the business nor any Property of the Borrower nor any Mortgaged Property has been materially and adversely affected as a result of any fire, explosion, earthquake, flood, drought, windstorm, accident, strike or other labor disturbance, embargo, requisition or of taking of Property, Property or cancellation of contracts, permits, permits or concessions by any Governmental Authority, riot, activities of armed forces, forces or acts of God.

Appears in 1 contract

Samples: Credit Agreement (International PetroReal Oil CORP)

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