Common use of Conditions Affecting Business or Properties Clause in Contracts

Conditions Affecting Business or Properties. Neither the respective businesses nor the properties of the Borrower or any Restricted Subsidiary is affected by any fire, explosion, accident, strike, lockout or other dispute, drought, storm, hail, earthquake, embargo, Act of God, or other casualty (except to the extent such event is covered by insurance sufficient to ensure that upon application of the proceeds thereof, no Material Adverse Effect could reasonably be expected to occur) which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (LINC Logistics Co)

AutoNDA by SimpleDocs

Conditions Affecting Business or Properties. Neither the respective businesses nor the properties of the Borrower or any Restricted Subsidiary is affected by any fire, explosion, accident, strike, lockout or other dispute, drought, storm, hail, earthquake, embargo, Act of God, or other casualty (except to the extent such event is covered by insurance sufficient to ensure that upon application of the proceeds thereof, no Material Adverse Effect could reasonably be expected to occur) which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Assignment Agreement (Universal Truckload Services, Inc.)

Conditions Affecting Business or Properties. Neither the respective businesses nor the properties of the any Borrower or any Restricted Subsidiary of its Subsidiaries is affected by any fire, explosion, accident, strike, lockout or other dispute, drought, storm, hail, earthquake, embargo, Act act of Godgod, or other casualty which could reasonably be expected to have a Material Adverse Effect (except to the extent such event is covered by insurance sufficient to ensure that that, upon application of the proceeds thereof, no Material Adverse Effect could reasonably be expected to occur) which could reasonably be expected to have a Material Adverse Effect).

Appears in 1 contract

Samples: Revolving and Term Loan Credit Agreement (American Midstream Partners, LP)

AutoNDA by SimpleDocs

Conditions Affecting Business or Properties. Neither the respective businesses nor the properties of the any Borrower or any Restricted Subsidiary is affected by any fire, explosion, accident, strike, lockout or other dispute, drought, storm, hail, earthquake, embargo, Act of God, or other casualty (except to the extent such event is covered by insurance sufficient to ensure that upon application of the proceeds thereof, no Material Adverse Effect could reasonably be expected to occur) which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Englobal Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!