Common use of Events of Loss Clause in Contracts

Events of Loss. In the event of an Event of Loss with respect to any Collateral, the Company or the affected Guarantor, as the case may be, will apply the Net Loss Proceeds from such Event of Loss, within 90 days after receipt, at its option:

Appears in 2 contracts

Samples: Indenture (Granite Broadcasting Corp), Granite Broadcasting Corp

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Events of Loss. (a) In the event case of an Event of Loss with respect to any Collateral, the Company or the affected Subsidiary Guarantor, as the case may be, will shall, within 365 days after receipt of the Net Loss Proceeds, apply the Net Loss Proceeds from such Event of Loss, within 90 days after receipt, Loss at its option:

Appears in 1 contract

Samples: Indenture (Aleris Corp)

Events of Loss. (a) In the event case of an Event of Loss with respect to any Notes Collateral, the Company or the affected Subsidiary Guarantor, as the case may be, will shall, within 450 days after receipt of the Net Loss Proceeds, apply the Net Loss Proceeds from such Event of Loss, within 90 days after receipt, Loss at its option:

Appears in 1 contract

Samples: Indenture (Aleris Corp)

Events of Loss. (a) In the event of an Event of Loss with respect to any Primary Collateral, the Company or the affected Subsidiary Guarantor, as the case may be, will apply the Net Loss Proceeds from such Event of Loss, within 90 360 days after receipt, at its option:

Appears in 1 contract

Samples: Indenture (Listerhill Total Maintenance Center LLC)

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Events of Loss. (a) In the event of an Event of Loss with respect to any Collateral, the Company or the affected Guarantor, as the case may be, will shall apply the Net Loss Proceeds from such Event of Loss, within 90 365 days after receipt, at its optionoption to:

Appears in 1 contract

Samples: Indenture (Duane Reade)

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