Common use of Commercial Tort Claim Clause in Contracts

Commercial Tort Claim. The Borrower shall immediately notify Lender in a writing signed by the Borrower of any commercial tort claims it holds or acquires such writing shall set forth the details and grant Lender a security interest in and to any commercial tort claims it holds or acquires and in the proceeds thereof, such writing to be satisfactory to Lender in form and substance.

Commercial Tort Claim. The If Borrower has or should in the future acquire a commercial tort claim, Borrower shall immediately promptly notify Lender in a writing signed by the Borrower of any commercial tort claims it holds or acquires the general details thereof and grant to Lender in such writing shall set forth the details and grant Lender a security interest in and to any commercial tort claims it holds or acquires Security Interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be satisfactory to Lender in form and substancesubstance satisfactory to Lender.

Commercial Tort Claim. The If Borrower should acquire a commercial tort claim, Borrower shall immediately promptly notify Lender in a writing signed by the Borrower of any commercial tort claims it holds or acquires the general details thereof and grant to Lender in such writing shall set forth the details and grant Lender a security interest in and to any commercial tort claims it holds or acquires Security Interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be satisfactory to Lender in form and substancesubstance satisfactory to Lender.

Commercial Tort Claim. The If Borrower shall immediately acquire a commercial tort claim, Borrower shall promptly notify Lender in a writing signed by the Borrower of any commercial tort claims it holds or acquires the general details thereof and grant to Lender in such writing shall set forth the details and grant Lender a security interest in and to any commercial tort claims it holds or acquires therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be satisfactory to Lender in form and substancesubstance satisfactory to Lender.

Commercial Tort Claim. The If Borrower has or should in the future acquire a commercial tort claim, Borrower shall immediately promptly notify Lender Lenders in a writing signed by the Borrower of any commercial tort claims it holds or acquires the general details thereof and grant to Lenders in such writing shall set forth the details and grant Lender a security interest in and to any commercial tort claims it holds or acquires Security Interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be satisfactory to Lender in form and substancesubstance satisfactory to Lenders.

Commercial Tort Claim. The If Borrower shall at any time acquire a Commercial Tort Claim, Borrower shall immediately notify Lender Agent in a writing signed by the Borrower of any commercial tort claims it holds or acquires the brief details thereof and grant to Agent in such writing shall set forth the details and grant Lender a security interest in and to any commercial tort claims it holds or acquires therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be satisfactory to Lender in form and substancesubstance satisfactory to Agent.