Damage to Collateral Sample Clauses

Damage to Collateral. Disclosure of any loss, damage, or destruction to the Collateral in the amount of $100,000 or more individually or in the aggregate, whether or not covered by insurance.

Damage to Collateral. Notify Administrative Agent in writing promptly upon Borrower becoming aware of: (a) damage to any of the Collateral causing a loss in excess of $250,000 that is not fully covered by insurance, subject to normal deductibles; and (b) the occurrence or existence of any condition or event that could reasonably be expected to cause a loss or depreciation of any Collateral in excess of $250,000, excluding changes in the economy generally, e.g., fluctuations in the market price of Hydrocarbons.

Damage to Collateral. There occurs any uninsured or inadequately insured damage in excess of $100,000 to or loss, theft or destruction in excess of $100,000 of any of the Collateral.46

Damage to Collateral. Borrower shall give Lender prompt written notice of the following: (a) damage to any of the Collateral causing a loss in excess of twenty-five thousand dollars ($25,000); and (b) the occurrence of any condition or event which has caused or may cause loss or depreciation in excess of twenty-five thousand dollars ($25,000) with respect to any of the Collateral excluding market fluctuation for the price paid for Hydrocarbons.

Damage to Collateral. In case of damage or destruction to the Collateral or the Trust Property, the corresponding provisions of the Indenture shall govern the respective rights and obligations of the Borrower and the Lender and the adjustment and application of insurance proceeds payable in respect of the damaged or destroyed Collateral or Trust Property.

Damage to Collateral upon any Responsible Officer of the Borrower having knowledge of any loss, damage, or destruction to the Collateral in the amount of $25,000,000 or more, whether or not covered by insurance;

Damage to Collateral. If (i) any Eligible Collateral is materially damaged, destroyed, or becomes subject to any condemnation proceeding, (ii) Borrower violates any provisions of, or breaches any representations and warranties in, the Loan Documents (including, without limitation, any Environmental Agreement) with respect to such Lot, or (iii) Lender makes or is entitled to make any claim under any title insurance policy with respect to such Lot, Lender may reduce the Collateral Value of such Eligible Collateral or exclude such Land from Eligible Collateral. Any such determination by Lender will be final, conclusive, binding and effective immediately.

Damage to Collateral. The Grantor will promptly furnish to the Lender a statement respecting any material loss or damage to any of the tangible Collateral.

Damage to Collateral. None of the Collateral has been repossessed by any party other than Seller or sold or substantially damaged without being repaired or in the process of being repaired, or adequately covered by enforceable casualty insurance.

Damage to Collateral. 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, the cessation or substantial curtailment of revenue producing activities at any facility of any Loan Party, if any such event or circumstance could reasonably be expected to have a Material Adverse Effect.