Condition of Property; Casualties. The material Properties used or to be used in the continuing operations of the Borrower and each Subsidiary, are in good working order and condition, normal wear and tear and casualty and condemnation (excluding casualty and condemnation which could, individually or in the aggregate, reasonably be expected to cause a Material Adverse Change) excepted. Neither the business nor the material Properties of the Borrower or any Subsidiary has been affected as a result of any fire, explosion, earthquake, flood, drought, windstorm, accident, strike or other labor disturbance, embargo, requisition or taking of Property or cancellation of contracts, permits or concessions by a Governmental Authority, riot, activities of armed forces or acts of God or of any public enemy, which effect could reasonably be expected to cause a Material Adverse Change.
Appears in 13 contracts
Samples: Credit Agreement (Hi-Crush Inc.), Possession Credit Agreement (Hi-Crush Inc.), Credit Agreement (Hi-Crush Inc.)
Condition of Property; Casualties. The material Properties used or to be used in the continuing operations of the Borrower and each Parent or any Subsidiary, are in good working order and condition, normal wear and tear and casualty and condemnation (excluding casualty and condemnation which couldexcepted, individually or in the aggregate, except for certain deficiencies that could not reasonably be expected to cause result in a Material Adverse Change) excepted. Neither Except as disclosed in the Financial Statements provided in Section 4.4(a), neither the business nor the material Properties of the Borrower Parent or any Subsidiary has been affected as a result of any fire, explosion, earthquake, flood, drought, windstorm, accident, strike or other labor disturbance, embargo, requisition or taking of Property or cancellation of contracts, permits or concessions by a Governmental Authority, riot, activities of armed forces or acts of God or of any public enemy, which effect could reasonably be expected to cause a Material Adverse Change.
Appears in 4 contracts
Samples: Credit Agreement (Rowan Companies PLC), Credit Agreement (Rowan Companies PLC), Credit Agreement (Rowan Companies PLC)
Condition of Property; Casualties. The material Properties used or to be used in the continuing operations of the Borrower and each or any Subsidiary, are in good working order and condition, normal wear and tear and casualty and condemnation (excluding casualty and condemnation which couldexcepted, individually or in the aggregate, except for certain deficiencies that could not reasonably be expected to cause result in a Material Adverse Change) excepted. Neither Except as disclosed in the Financial Statements provided in Section 4.4(a), neither the business nor the material Properties of the Borrower or any Subsidiary has been affected as a result of any fire, explosion, earthquake, flood, drought, windstorm, accident, strike or other labor disturbance, embargo, requisition or taking of Property or cancellation of contracts, permits or concessions by a Governmental Authority, riot, activities of armed forces or acts of God or of any public enemy, which effect could reasonably be expected to cause a Material Adverse Change.
Appears in 3 contracts
Samples: Credit Agreement (Rowan Companies Inc), Credit Agreement (Rowan Companies Inc), Credit Agreement (Rowan Companies Inc)
Condition of Property; Casualties. The material Properties used or to be used in the continuing operations of the Borrower and each Subsidiary, of its Restricted Subsidiaries are in all material respects in good repair, working order and condition, normal wear and tear and casualty and condemnation (excluding casualty and condemnation which could, individually or in the aggregate, . Except as could not reasonably be expected to cause a Material Adverse Change) excepted. Neither , since the date of the Financial Statements, neither the business nor the material Properties of the Borrower or any Subsidiary and each of its Restricted Subsidiaries, taken as a whole, has been materially and adversely affected as a result of any fire, explosion, earthquake, flood, drought, windstorm, accident, strike or other labor disturbance, embargo, requisition or taking of Property property or cancellation of contracts, permits permits, or concessions by a Governmental Authority, riot, activities of armed forces forces, or acts of God or of any public enemy, which effect could reasonably be expected to cause a Material Adverse Change.
Appears in 2 contracts
Samples: Credit Agreement (Stone Energy Corp), Credit Agreement (Stone Energy Corp)
Condition of Property; Casualties. The material Properties used or to be used in the continuing operations of the Borrower and each Subsidiaryof its Subsidiaries, taken as a whole, are and will continue to be in good repair, working order and condition, normal wear and tear and casualty and condemnation (excluding casualty and condemnation which could, individually or in the aggregate, reasonably be expected to cause a Material Adverse Change) excepted. Neither Since the latest quarterly financial statements provided by the Borrower to the Agent, neither the business nor the material Properties of the Borrower or any Subsidiary and its Subsidiaries, taken as a whole, has been materially and adversely affected as a result of any fire, explosion, earthquake, flood, drought, windstorm, accident, strike or other labor disturbance, embargo, requisition or taking of Property property or cancellation of contracts, permits or concessions by a Governmental Authority, riot, activities of armed forces or acts of God or of any public enemy, which effect could reasonably be expected to cause a Material Adverse Change.
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