Common use of Casualty and Condemnation Clause in Contracts

Casualty and Condemnation. The Borrowers will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 9 contracts

Samples: Credit Agreement (Levi Strauss & Co), Credit Agreement (Levi Strauss & Co), Credit Agreement (Levi Strauss & Co)

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Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Collateral Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 9 contracts

Samples: Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent (for distribution to each Lender through the Administrative Agent, the Multicurrency Administrative Agent and the Lenders ) prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of or any material interest in the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 8 contracts

Samples: Credit Agreement (Nasdaq Omx Group, Inc.), Credit Agreement (Nasdaq Stock Market Inc), Term Loan Credit Agreement (Nasdaq Stock Market Inc)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of (a) any casualty or other insured damage to any material portion Collateral with a book or fair market value of in excess of the Collateral Threshold Amount or (b) the commencement of any action or proceeding for the taking of any material portion Collateral with a book or fair market value of in excess of the Collateral Threshold Amount, or any interest therein therein, under power of eminent domain or by condemnation or similar proceeding.

Appears in 8 contracts

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

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 7 contracts

Samples: Credit Agreement (Solaris Oilfield Infrastructure, Inc.), Credit Agreement (Lubys Inc), Credit Agreement (NetSpend Holdings, Inc.)

Casualty and Condemnation. The Borrowers Each Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 7 contracts

Samples: Credit Agreement (Dillard's, Inc.), Credit Agreement (Dillard's, Inc.), Credit Agreement (GameStop Corp.)

Casualty and Condemnation. The Borrowers Each Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent Agents and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 5 contracts

Samples: Term Loan Agreement (GameStop Corp.), Credit Agreement (Gamestop Corp), Credit Agreement (GameStop Corp.)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 4 contracts

Samples: Credit Agreement (American Media Inc), Credit Agreement (Afc Enterprises Inc), Revolving Credit Agreement (Ami Celebrity Publications, LLC)

Casualty and Condemnation. The Borrowers will furnish to the Administrative Agent, the Multicurrency Administrative Agent Agents and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any interest in a material portion of the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 4 contracts

Samples: Credit Agreement (Wet Seal Inc), Credit Agreement (Wet Seal Inc), Credit Agreement (Wet Seal Inc)

Casualty and Condemnation. The Borrowers will furnish Furnish to the Administrative Agent, the Multicurrency Administrative Agent Agents and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 4 contracts

Samples: First Lien Credit Agreement (Gannett Co., Inc.), First Lien Credit Agreement (Gannett Co., Inc.), First Lien Credit Agreement (Gannett Co., Inc.)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent Agents and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any interest in a material portion of the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 4 contracts

Samples: Credit Agreement (Stage Stores Inc), Credit Agreement (Stage Stores Inc), Credit Agreement (Dri I Inc)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of any property owned by the Collateral Borrower or any Subsidiary or the commencement of any action or proceeding for the taking of any material portion of the Collateral such property or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceedingproceeding that in any case could have a Material Adverse Effect.

Appears in 3 contracts

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

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent Agents and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 3 contracts

Samples: Credit Agreement (Gannett Co., Inc.), Credit Agreement (Gannett Co., Inc.), Credit Agreement (New Fortress Energy LLC)

Casualty and Condemnation. The Borrowers Each Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any material part thereof or material interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 3 contracts

Samples: Credit Agreement (Genesco Inc), Credit Agreement (Genesco Inc), Credit Agreement (Genesco Inc)

Casualty and Condemnation. The Borrowers Each Obligor will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 3 contracts

Samples: Credit Agreement (Atrium Companies Inc), Credit Agreement (Atrium Companies Inc), Credit Agreement (Atrium Companies Inc)

Casualty and Condemnation. The Borrowers Parent and the Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding preceding for the taking of any material portion of the any Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 3 contracts

Samples: Credit Agreement (LendingTree, Inc.), Credit Agreement (LendingTree, Inc.), Credit Agreement (LendingTree, Inc.)

Casualty and Condemnation. The Borrowers Each Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent Agents and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any material part thereof or material interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 3 contracts

Samples: Credit Agreement (Genesco Inc), Credit Agreement (Genesco Inc), Credit Agreement (Genesco Inc)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 2 contracts

Samples: Credit Agreement (Seagate Technology PLC), Credit Agreement (Seagate Technology)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any legal action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar legal proceeding.

Appears in 2 contracts

Samples: Credit Agreement (Solaris Oilfield Infrastructure, Inc.), Credit Agreement (Solaris Oilfield Infrastructure, Inc.)

Casualty and Condemnation. The Borrowers will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 2 contracts

Samples: Credit Agreement (Haynes International Inc), Credit Agreement (Lawson Products Inc/New/De/)

Casualty and Condemnation. The Borrowers Each Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent Agents and the Lenders prompt written notice of any casualty property or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 2 contracts

Samples: Credit Agreement (Circuit City Stores Inc), Credit Agreement (Circuit City Stores Inc)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Collateral Agent, the Co-Collateral Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 2 contracts

Samples: Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp)

Casualty and Condemnation. The Borrowers In the event that the Collateral and Guarantee Requirement has been satisfied, the Borrower (a) will furnish to the Administrative Agent (for distribution to each Lender through the Administrative Agent, the Multicurrency Administrative Agent and the Lenders ) prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of or any material interest in the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 2 contracts

Samples: Credit Agreement (Morgans Hotel Group Co.), Credit Agreement (Morgans Hotel Group Co.)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceedingproceeding in accordance with the provisions of the Security Documents.

Appears in 1 contract

Samples: Credit Agreement (R H Donnelley Corp)

Casualty and Condemnation. The Borrowers will furnish to the Administrative Collateral Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (Globe Specialty Metals Inc)

Casualty and Condemnation. The Borrowers Each Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (Tweeter Home Entertainment Group Inc)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion Collateral with a Fair Market Value of the Collateral more than $10,000,000 or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any material part thereof or material interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (Idearc Inc.)

Casualty and Condemnation. The Borrowers Each Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or DB1/ 126870242.8 the commencement of any action or proceeding for the taking of any material portion of the Collateral or any material part thereof or material interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (Genesco Inc)

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Casualty and Condemnation. The Borrowers Each Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent Agents and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral Collateral, including but not limited to any Real Estate which constitutes Collateral, or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (Marsh Supermarkets Inc)

Casualty and Condemnation. The Borrowers will Borrower will: (a) furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding; and (b) ensure that the Net Proceeds of any such event (whether in the form of insurance proceeds, condemnation awards or otherwise) are collected and applied in accordance with Section 2.11(c).

Appears in 1 contract

Samples: Credit Agreement (Spectralink Corp)

Casualty and Condemnation. The Borrowers (a) will furnish to the Administrative Agent, Agent (which shall in turn provide such notice to the Multicurrency Administrative Collateral Agent and the Lenders other Lender Parties) prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.113

Appears in 1 contract

Samples: Credit Agreement (Pilgrims Pride Corp)

Casualty and Condemnation. The Borrowers Each Obligor will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion por- tion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (Atrium Companies Inc)

Casualty and Condemnation. The Borrowers Borrower (a) will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding for the taking of any material portion of the any Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.proceeding and (b) will ensure that the net cash proceeds of any such event (whether in the form of insurance proceeds, condemnation awards or otherwise) are collected

Appears in 1 contract

Samples: Credit Agreement (Apollo Medical Holdings, Inc.)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (Rural Cellular Corp)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (Healthtronics, Inc.)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent Agents and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or Real Estate Collateral or the commencement of any action or proceeding for the taking of any interest in a material portion of the Collateral or interest therein Real Estate Collateral under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Fifth Amendment to Second Amended and Restated Credit Agreement (Stage Stores Inc)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any legal action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar legal proceeding.. 77 ​

Appears in 1 contract

Samples: Amended and Restated Credit Agreement (Solaris Oilfield Infrastructure, Inc.)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Collateral Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any legal action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar legal proceeding.

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (Solaris Energy Infrastructure, Inc.)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Collateral Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding preceding for the taking of any material portion of the any Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Magnum Hunter Resources Corp)

Casualty and Condemnation. The Borrowers Each Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent Agents and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral Collateral, including but not limited to any Eligible Real Estate, or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (Marsh Supermarkets Inc)

Casualty and Condemnation. The Borrowers Holdings and the Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (Triton PCS Inc)

Casualty and Condemnation. The Borrowers will furnish Furnish to the Administrative Agent, the Multicurrency Administrative Agent and Collateral Agents and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Winstar Communications Inc)

Casualty and Condemnation. The Borrowers Borrower Representative will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (Insight Enterprises Inc)

Casualty and Condemnation. The Borrowers Each of the Borrower and Holdings will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the any Collateral or the commencement of any action or proceeding for the taking of any material portion of the Collateral or any part thereof or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Credit Agreement (D&f Industries Inc)

Casualty and Condemnation. The Borrowers Borrower will furnish to the Administrative Agent, the Multicurrency Administrative Agent and the Lenders prompt written notice of any casualty or other insured damage to any material portion of the Collateral or the commencement of any action or proceeding for the taking of any material portion of or any material interest in the Collateral or interest therein under power of eminent domain or by condemnation or similar proceeding.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Mac-Gray Corp)

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