Common use of Casualty Loss; Condemnation Clause in Contracts

Casualty Loss; Condemnation. Substantial damage or destruction by casualty or taking by rights of eminent domain of all or any substantial portion of the Property so as to materially and adversely affect Borrower’s ability to perform Borrower’s obligations hereunder; or

Casualty Loss; Condemnation. Substantial damage or destruction by casualty of all or a substantial portion of the Collateral (which damage is not covered by insurance), or taking by rights of eminent domain of all or any substantial portion of the Property so as to real property owned by the Borrowers which materially and adversely affect Borrower’s affects the Borrowers' ability to perform Borrower’s obligations hereunderconduct the Borrowers' business; or