Common use of Event of Eminent Domain Clause in Contracts

Event of Eminent Domain. If an Event of Eminent Domain shall occur with respect to any Collateral, Borrowers shall (a) diligently pursue all of their rights to compensation against the relevant Governmental Authority in respect of such Event of Eminent Domain, (b) not, without the written consent of the Majority Lenders (which consent shall not be unreasonably withheld or delayed), compromise or settle any claim against such Governmental Authority, and (c) pay or apply all Eminent Domain Proceeds in accordance with Section 7.6. Borrowers consent to, and agree not to object to or otherwise impede or impair, the participation of Administrative Agent and/or Collateral Agent in any eminent domain proceedings, and Borrowers shall from time to time deliver to Administrative Agent and Collateral Agent all documents and instruments requested by it to permit such participation.

Event of Eminent Domain. If an Event of Eminent Domain shall occur with respect to any Collateral, Borrowers Borrower shall (a) diligently pursue all of their its rights to compensation against the relevant Governmental Authority in respect of such Event of Eminent Domain, (b) not, without the written consent of the Majority Required Lenders (which consent shall not be unreasonably withheld or delayed), compromise or settle any claim against such Governmental Authority, and (c) pay or apply all Eminent Domain Proceeds in accordance with Section 7.67.9. Borrowers consent Borrower consents to, and agree agrees not to object to or otherwise impede or impair, the participation of Administrative Agent and/or Collateral Agent in any eminent domain expropriation proceedings, and Borrowers Borrower shall from time to time deliver to Administrative Agent and Collateral Agent all documents and instruments requested by it to permit such participation.

Event of Eminent Domain. If an Event of Eminent Domain shall occur with respect to any Collateral, Borrowers Borrower shall (a) diligently pursue all of their its rights to compensation against the relevant Governmental Authority in respect of such Event of Eminent Domain, (b) not, without the written consent of the Majority Required Lenders (which consent shall not be unreasonably withheld or delayed), compromise or settle any claim against such Governmental Authority, and (c) pay or apply all Eminent Domain Proceeds in accordance with Section 7.67.5. Borrowers consent Borrower consents to, and agree agrees not to object to or otherwise impede or impair, the participation of Administrative Agent and/or Collateral Agent in any eminent domain Eminent Domain proceedings, and Borrowers Borrower shall from time to time deliver to Administrative Agent and Collateral Agent all documents and instruments requested by it to permit such participation.