Common use of Damage; Strike; Casualty Clause in Contracts

Damage; Strike; Casualty. Any material damage to, or loss, theft or ------------------------ destruction of, any Collateral, whether or not insured, 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 beyond the coverage period of any applicable business interruption insurance as to which Borrower has received payments, 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: Loan and Security Agreement (North Face Inc)

AutoNDA by SimpleDocs

Damage; Strike; Casualty. Any material damage to, or loss, theft or ------------------------ destruction of, any Collateral, whether or not insured, or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty which causes, for more than fifteen thirty (1530) consecutive days beyond the coverage period of any applicable business interruption insurance as to which Borrower has received paymentsinsurance, the cessation or substantial curtailment of revenue producing activities at of the Borrower, any facility other Loan Party, or any other Subsidiary of Borrower or any of its Subsidiaries taken as a whole and only if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or.

Appears in 1 contract

Samples: Credit Agreement (Maui Land & Pineapple Co Inc)

Damage; Strike; Casualty. Any material damage to, or loss, theft or ------------------------ destruction of, any Collateral, whether or not insured, 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 beyond the coverage period of any applicable business interruption insurance as to which a Borrower has received payments, the cessation or substantial curtailment of revenue producing activities at any facility of a Borrower or any of its Subsidiaries Loan Party if any such event or circumstance could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Loan Agreement (North Face Inc)

Damage; Strike; Casualty. Any material damage to, or loss, theft ------------------------ or ------------------------ destruction of, any Collateral, whether or not insured, 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 beyond (or, in the coverage period case of any applicable business interruption insurance as to which Borrower has received paymentsstrike, 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 (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/)

AutoNDA by SimpleDocs

Damage; Strike; Casualty. Any material damage to, or loss, theft or ------------------------ destruction of, any Collateral, whether or not insured, 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 beyond the coverage period of any applicable business interruption insurance as to which Borrower has received payments, 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: Loan and Security Agreement (North Face Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.