Common use of Damage or Destruction of Collateral Clause in Contracts

Damage or Destruction of Collateral. The Grantors agree promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed.

Appears in 12 contracts

Samples: Security Agreement, Security Agreement (Laureate Education, Inc.), Credit Agreement (Laureate Education, Inc.)

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Damage or Destruction of Collateral. The Grantors agree promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyeddestroyed in any manner which could reasonably be expected to have a Material Adverse Effect.

Appears in 10 contracts

Samples: Security Agreement (RBC Bearings INC), Security Agreement (PRA Health Sciences, Inc.), Security Agreement (Gardner Denver Holdings, Inc.)

Damage or Destruction of Collateral. The Grantors agree promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyeddestroyed in any manner which could reasonably be expected to have a Material Adverse Effect.

Appears in 8 contracts

Samples: Security Agreement, Security Agreement (First Data Corp), Security Agreement (First Data Corp)

Damage or Destruction of Collateral. The Grantors agree promptly to notify the Collateral Agent if any material portion of the tangible Collateral is damaged or destroyed.

Appears in 3 contracts

Samples: Abl Pledge and Security Agreement (Univar Inc.), Canadian Abl Pledge and Security Agreement (Univar Inc.), Pledge and Security Agreement (Univar Inc.)

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Damage or Destruction of Collateral. The Grantors agree promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. F-12 EAST\142256231.

Appears in 1 contract

Samples: Credit Agreement

Damage or Destruction of Collateral. The Grantors agree promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed.. EAST\142256231.3

Appears in 1 contract

Samples: Credit Agreement (Laureate Education, Inc.)

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