Common use of Damage; Strike; Casualty Clause in Contracts

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if not covered by insurance, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 2 contracts

Samples: Credit Agreement (Cherokee International Corp), Credit Agreement (Cherokee International Finance Inc)

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Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower Borrower, any of the Restricted Subsidiaries or any of its Subsidiaries, other Loan Party if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or.

Appears in 2 contracts

Samples: Loan and Security Agreement (Chief Auto Parts Inc), Loan and Security Agreement (Chief Auto Parts Inc)

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any of a major portion of the Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, Subsidiaries if any such event or circumstance results in or could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Franklin Capital Corp)

Damage; Strike; Casualty. Any material damage to, or loss, ------------------------ theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, enemy or other casualty which that causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, Subsidiaries if any such event or circumstance results in or could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Surewest Communications)

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, if any such event or circumstance could reasonably be expected to would have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Aki Holding Corp)

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, Restricted Subsidiaries if any such event or circumstance results in or could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Us Unwired Inc)

Damage; Strike; Casualty. Any material damage to, or loss, theft ------------------------ or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days (or, in the case of any strike, for more than thirty (30) consecutive days), the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, Subsidiaries (including the LLC) if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Loan and Security Agreement (Valhi Inc /De/)

Damage; Strike; Casualty. Any material damage to, or loss, theft or ------------------------ destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any Subsidiary of its Subsidiaries, the Borrower if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (MCG Capital Corp)

Damage; Strike; Casualty. Any material damage to, or loss, theft ------------------------ or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of the Borrower or any of its Subsidiaries, Subsidiaries if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Loan Agreement (Zefer Corp)

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen forty-five (1545) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, Subsidiaries if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit and Security Agreement (Tower Air Inc)

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, enemy or other casualty which that causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or Borrower, any of its Subsidiaries, Subsidiaries or any Guarantor if any such event or circumstance results in or could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement

Damage; Strike; Casualty. Any material damage to, or loss, theft ------------------------ or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, Subsidiaries if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Loan and Security Agreement (Banctec Inc)

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Sunsource Inc)

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Damage; Strike; Casualty. Any material damage to, or loss, theft ------------------------ or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of a Borrower or any of its Subsidiaries, if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Opinion Research Corp)

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, days the cessation or substantial curtailment of revenue producing activities at any facility of a Borrower or any of its Subsidiaries, Subsidiaries if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Loan and Security Agreement (Intensiva Healthcare Corp)

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty occurs which causes, for more than fifteen five (155) consecutive daysBusiness Days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, Subsidiaries if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Vista Information Solutions Inc)

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor labour dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of US Borrower or any of its Subsidiaries, Subsidiaries if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Loan and Security Agreement (Beacon Roofing Supply Inc)

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of a Borrower or any of its Subsidiaries, Subsidiaries if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Loan and Security Agreement (Editek Inc)

Damage; Strike; Casualty. Any material damage to, or loss, theft ------------------------ or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen (15) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, if any such event or circumstance results in or could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Loan Agreement (Unwired Telecom Corp)

Damage; Strike; Casualty. Any material damage to, or loss, theft or destruction of, any Collateral, if whether or not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen forty-five (1545) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility of Borrower or any of its Subsidiaries, Subsidiaries if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or.

Appears in 1 contract

Samples: Loan and Security Agreement (Continental Information Systems Corp)

Damage; Strike; Casualty. Any material damage to, or loss, theft theft, or destruction of, any Collateral, if Collateral not covered by insuranceinsured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen ten (1510) consecutive days, the cessation or substantial curtailment of revenue producing activities at any facility Facility of Borrower or any of its SubsidiariesGuarantor, if any such event or circumstance could reasonably be expected to have result in a Material Adverse EffectEvent; or

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (America West Holdings Corp)

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