Common use of Casualties Clause in Contracts

Casualties. Neither the business nor the properties of Borrower are affected by any environmental hazard, fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, flood, earthquake, embargo, act of God or other casualty (whether or not covered by insurance), which could have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Falconite Inc)

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Casualties. Neither the business nor the properties of any Borrower are affected by any environmental hazard, fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, flood, earthquake, embargo, act of God or of the public enemy or other casualty loss (whether or not covered by insurance), ) which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (EQM Technologies & Energy, Inc.)

Casualties. Neither the business nor the properties of Borrower Borrowers are currently affected by any environmental hazard, fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, flood, earthquake, embargo, act of God or other casualty (whether or not covered by insurance), which could have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Eateries Inc)

Casualties. Neither the business nor the properties of Borrower are affected by any environmental hazard, fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, flood, earthquake, embargo, act of God or other casualty (whether or not covered by insurance), which could have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (King Pharmaceuticals Inc)

Casualties. Neither the business nor the properties of Borrower ---------- Borrowers are currently affected by any environmental hazard, fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, flood, earthquake, embargo, act of God or other casualty (whether or not covered by insurance), which could have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Cd Warehouse Inc)

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Casualties. Neither the business nor the properties of Borrower are affected by any environmental hazard, fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, flood, earthquake, embargo, act of God or other casualty (whether or not covered by insurance)casualty, which could have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Nn Ball & Roller Inc)

Casualties. Neither Except as set forth on Exhibit 9.23, neither the business nor the properties of any Borrower are affected by any environmental hazard, fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, flood, earthquake, embargo, act of God or of the public enemy or other casualty loss (whether or not covered by insurance), ) which could have a has any Material Adverse Effect.

Appears in 1 contract

Samples: Financing Agreement (Sabreliner Corp)

Casualties. Neither Except as described in Exhibit 9.23, neither the business nor the properties of either Borrower are affected by any environmental hazard, fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, flood, earthquake, embargo, act of God or of the public enemy or other casualty loss which has any Material Adverse Effect (whether or not covered by after taking into effect insurance), which could have a Material Adverse Effect.

Appears in 1 contract

Samples: Financing Agreement (Fm Precision Golf Corp)

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