Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 13 contracts
Samples: Second Lien Collateral Agreement, First Lien Collateral Agreement, Collateral Agreement (Verso Paper Holdings LLC)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million10,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant deliver to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with supplement to Schedule IV including such writing to be in form and substance reasonably satisfactory to the Collateral Agentdescription.
Appears in 12 contracts
Samples: Credit Agreement (Canopy Growth Corp), Indenture (Adtalem Global Education Inc.), Collateral Agreement
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 2.0 million, such Pledgor shall promptly notify the Collateral Administrative Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Administrative Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Administrative Agent.
Appears in 7 contracts
Samples: Credit Agreement (Verso Paper Corp.), Credit Agreement (Verso Paper Holdings LLC), Guarantee and Collateral Agreement (Verso Paper Corp.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million, such Pledgor shall promptly notify the Collateral Administrative Agent thereof in a writing signed by such such. Pledgor, including a summary description of such claim, and grant to the Collateral Administrative Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Administrative Agent.
Appears in 6 contracts
Samples: Guarantee and Collateral Agreement, Credit Agreement (Claires Stores Inc), Guarantee and Collateral Agreement (Claires Stores Inc)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount pursuant to which such Pledgor reasonably estimated expects to exceed recover more than $5.0 million300,000 relating to any of the Security Agreement Collateral, such the Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description Pledgor of such claim, the brief details thereof and grant to the Collateral Agent in such writing a security interest therein and in the proceeds Proceeds thereof, all under upon the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 5 contracts
Samples: Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.), Credit Agreement (Cpi International, Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million5,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under upon the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 5 contracts
Samples: Collateral Agreement, Collateral Agreement (Momentive Specialty Chemicals Inc.), Collateral Agreement (Momentive Specialty Chemicals Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 5 contracts
Samples: Collateral Agreement, Senior Secured First Lien Notes Indenture (Claires Stores Inc), Collateral Agreement (Claires Stores Inc)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million, such Pledgor shall promptly notify the Collateral Administrative Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Administrative Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Administrative Agent.
Appears in 5 contracts
Samples: Guarantee and Collateral Agreement, Guarantee and Collateral Agreement (Verso Quinnesec REP Holding Inc.), Guarantee and Collateral Agreement (Verso Quinnesec REP Holding Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 1.0 million, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 4 contracts
Samples: Guarantee and Collateral Agreement (Quality Distribution Inc), Collateral Agreement (Quality Distribution Inc), Current Asset Revolving Facility Guarantee and Collateral Agreement (Quality Distribution Inc)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million2,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 4 contracts
Samples: Abl Credit Agreement (Noranda Aluminum Holding CORP), Guarantee and Collateral Agreement (Noranda Aluminum Holding CORP), Guarantee and Collateral Agreement (Noranda Aluminum Holding CORP)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million5,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant deliver to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with supplement to Schedule IV including such writing to be in form and substance reasonably satisfactory to the Collateral Agentdescription.
Appears in 3 contracts
Samples: Note Purchase Agreement (Indivior PLC), Collateral Agreement (Cerence Inc.), Collateral Agreement (Cerence Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 millionmillion at any time after the date hereof, such Pledgor shall promptly notify the Collateral Administrative Agent thereof in a writing signed by such Pledgor, including a summary description of such claimupdating Schedule V hereof, and grant to the Collateral Administrative Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Administrative Agent.
Appears in 3 contracts
Samples: Abl Guarantee and Collateral Agreement (CPG Newco LLC), Term Loan Guarantee and Collateral Agreement (CPG Newco LLC), Term Loan Guarantee and Collateral Agreement (CPG Newco LLC)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million15,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant deliver to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with supplement to Schedule IV including such writing to be in form and substance reasonably satisfactory to the Collateral Agentdescription.
Appears in 3 contracts
Samples: Security Agreement (SB/RH Holdings, LLC), Security Agreement, Security Agreement (Spectrum Brands Holdings, Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million5,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under upon the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 3 contracts
Samples: Collateral Agreement, Collateral Agreement (Great Wolf Resorts, Inc.), Collateral Agreement (EVERTEC, Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million, such Pledgor shall promptly promptly, and in any event within 10 Business Days, notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral AgentAgent (acting at the written direction of the Required Lenders).
Appears in 3 contracts
Samples: Term Loan Credit Agreement, Guarantee and Collateral Agreement (Claires Stores Inc), Term Loan Credit Agreement (Claires Stores Inc)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such such. Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral AgentAgent (acting at the written direction of Required Lenders).
Appears in 2 contracts
Samples: Guarantee and Collateral Agreement (Claires Stores Inc), Term Loan Credit Agreement (Claires Stores Inc)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed in excess of $5.0 million250,000, such Pledgor shall promptly immediately notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description Pledgor of such claim, the brief details thereof and grant to the Collateral Agent in such writing a security interest therein and in the proceeds Proceeds thereof, all under upon the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 2 contracts
Samples: Security Agreement (Coinmach Service Corp), Indenture (Coinmach Service Corp)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million500,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under upon the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 2 contracts
Samples: Credit Agreement (Affinion Group, Inc.), Guarantee and Collateral Agreement (Affinion Group, Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million500,000, such Pledgor shall promptly notify the Collateral Administrative Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Administrative Agent in writing a security interest therein and in the proceeds thereof, all under upon the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (Affinion Loyalty Group, Inc.), Guarantee and Collateral Agreement (Affinion Loyalty Group, Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim Claims in an amount reasonably estimated to exceed $5.0 million2,500,000 with respect to any Commercial Tort Claim for any Pledgor or $5,000,000 in the aggregate for all Commercial Tort Claims of all Pledgors, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under upon the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 2 contracts
Samples: Collateral Agreement (EVERTEC, Inc.), Collateral Agreement (EVERTEC, Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 2.0 million, such Pledgor shall promptly notify the Collateral Agent Applicable Representative thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent Applicable Representative in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral AgentApplicable Representative.
Appears in 2 contracts
Samples: Guarantee and Collateral Agreement (RBS Global Inc), Guarantee and Collateral Agreement (RBS Global Inc)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million, such Pledgor shall promptly notify the Collateral Applicable Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Applicable Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Applicable Agent.
Appears in 2 contracts
Samples: Collateral Agreement (Verso Paper Holdings LLC), Collateral Agreement (Verso Paper Corp.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million15,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds Proceeds thereof, all under upon the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 1 contract
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 2.0 million, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 1 contract
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million5,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under upon the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 1 contract
Samples: Collateral Agreement (Hexion Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 2.0 million, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Zurn Water Solutions Corp)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million15,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 1 contract
Samples: Collateral Agreement (Gnoc Corp.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million5,000,000, such Pledgor shall promptly notify the Collateral Administrative Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Administrative Agent in writing a security interest therein and in the proceeds thereof, all under upon the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Administrative Agent.
Appears in 1 contract
Samples: Collateral Agreement (Hexion Specialty Chemicals, Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million, such Pledgor shall promptly notify the Collateral Agent Trustee thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent Trustee in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral AgentTrustee.
Appears in 1 contract
Samples: Collateral Agreement (Momentive Performance Materials Inc.)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million5,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 1 contract
Samples: Second Lien Bridge Credit Agreement (Berry Global Group Inc)
Commercial Tort Claims. If any Pledgor shall at any time hold or acquire a Commercial Tort Claim in an amount reasonably estimated to exceed $5.0 million3,000,000, such Pledgor shall promptly notify the Collateral Agent thereof in a writing signed by such Pledgor, including a summary description of such claim, and grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.
Appears in 1 contract
Samples: First Lien Guarantee and Collateral Agreement (Covalence Specialty Adhesives LLC)