Common use of Casualty; Continuation of Obligations Clause in Contracts

Casualty; Continuation of Obligations. Borrower shall at all times bear the entire risk of any loss, theft, damage to, or destruction of, any Collateral from any cause whatsoever, including as a result of a taking by eminent domain (a “Casualty”). If a Casualty occurs, whether or not covered by insurance, Borrower will promptly give Lender written notice thereof, describing the nature and extent thereof. No Casualty shall relieve Borrower of any of its Obligations, including its obligation to make regularly scheduled Note payments.

Casualty; Continuation of Obligations. Borrower shall at all times bear the entire risk of any loss, theft, damage to, or destruction of, any Collateral from any cause whatsoever, including as a result of a taking by eminent domain (a “Casualty”). If a Casualty occurs, whether or not covered by insurance, Borrower will promptly give Lender written notice thereof, describing the nature and extent thereof. No Casualty shall relieve Borrower of any of its Obligations, including its obligation to make regularly scheduled Note payments.. ​

Casualty; Continuation of Obligations. Borrower shall at all times bear the entire risk of any loss, theft, damage to, or destruction of, any Collateral from any cause whatsoever, including as a result of a taking by eminent domain (a “Casualty”). If a Casualty occurs, whether or not covered by insurance, Borrower will promptly give Lender Agent and the Lenders written notice thereof, describing the nature and extent thereof. No Casualty shall relieve Borrower of any of its Obligations, including its obligation the obligations to make regularly scheduled Note paymentspayments with respect to each Revolving Loan.