Common use of Damage to Collateral Clause in Contracts

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.

Appears in 3 contracts

Samples: Credit Agreement (Curative Health Services Inc), Credit Agreement (Curative Health Services Inc), Credit Agreement (Curative Health Services Inc)

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Damage to Collateral. Disclosure of any loss, damage, or destruction to the Collateral in the amount of $100,000 500,000 or more individually or in the aggregate, whether or not covered by insurance.

Appears in 2 contracts

Samples: Credit Agreement (Medical Staffing Network Holdings Inc), Credit Agreement (Medical Staffing Network Holdings Inc)

Damage to Collateral. Disclosure of any loss, damage, or destruction to the Collateral in the amount of $100,000 250,000 or more individually for any occurrence or event, in the aggregate, whether or not covered by insurance.

Appears in 1 contract

Samples: Credit Agreement (Castle Dental Centers Inc)

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Damage to Collateral. Disclosure of any loss, damage, or destruction to all or any portion of the Collateral constituting physical property in the an aggregate amount of exceeding $100,000 or more individually or in the aggregate50,000, whether or not covered by insurance.

Appears in 1 contract

Samples: Loan and Security Agreement (Clarient, Inc)

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