Common use of Casualties Clause in Contracts

Casualties. Neither the business nor the properties of the Borrower, any Guarantor or any Subsidiary of the Borrower or a Guarantor are affected by any fire, explosion, accident, strike, hail, earthquake, embargo, act of God or of the public enemy, or other casualty (whether or not covered by insurance), which could result in a Material Adverse Change in the Borrower or any of the Guarantors.

Appears in 3 contracts

Samples: Loan Agreement (Manchester Equipment Co Inc), Loan Agreement (Manchester Technologies Inc), Loan Agreement (Manchester Equipment Co Inc)

AutoNDA by SimpleDocs

Casualties. Neither the business nor the properties of the Borrower, any Guarantor or any Subsidiary of the Borrower or a Guarantor are affected by any fire, explosion, accident, strike, hail, earthquake, embargo, act of God or of the public enemy, or other casualty (whether or not covered by insurance), which could result in a Material Adverse Change in the Borrower or any of in the Borrower and the Guarantors, taken as a whole.

Appears in 2 contracts

Samples: Loan Agreement (Gristedes Foods Inc), Loan Agreement (Gristedes Foods Inc)

Casualties. Neither the business nor the properties of the Borrower, any Guarantor Borrower or any Subsidiary of the a Borrower or a Guarantor are have been affected by any fire, explosion, accident, strikedrought, storm, hail, earthquake, embargo, act of God or of the public enemy, enemy or other casualty Casualty Loss (whether or not covered by insurance)) which, which could result in after giving effect to any applicable insurance, would reasonably be expected to have a Material Adverse Change in the Borrower or any of the GuarantorsEffect.

Appears in 1 contract

Samples: Financing Agreement (Northwestern Corp)

Casualties. Neither the business nor the properties of the Borrower, any Guarantor or any Subsidiary of the Borrower or a Guarantor are affected by any fire, explosion, accident, strike, hail, earthquake, embargo, act of God or of the public enemy, or other casualty (whether or not covered by insurance), which could result in a Material Adverse Change in the Borrower or any of and the Guarantors, taken as a whole.

Appears in 1 contract

Samples: Loan Agreement (Hirsch International Corp)

AutoNDA by SimpleDocs

Casualties. Neither the business nor the properties of the BorrowerBorrowers, any Guarantor or any Subsidiary of the Borrower Borrowers or a Guarantor are affected by any fire, explosion, accident, strike, hail, earthquake, embargo, act of God or of the public enemy, or other casualty (whether or not covered by insurance), which could result in a Material Adverse Change in the Borrower or any of Xxxxxx and the Guarantors., taken as a whole. (r)

Appears in 1 contract

Samples: Loan Agreement (Hirsch International Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!