Common use of Labor Disputes and Casualties Clause in Contracts

Labor Disputes and Casualties. Neither Borrower nor any Subsidiary is affected by any fire, explosion, accident, strike, lockout, or other labor dispute, drought, storm, hail, earthquake, embargo, act of public enemy, or other casualty (whether or not covered by insurance) which, individually or in the aggregate, has had or could be reasonably expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Applied Optoelectronics, Inc.), Discretionary Demand Credit Agreement (Alteva, Inc.), Credit Agreement (Warwick Valley Telephone Co)

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Labor Disputes and Casualties. Neither the Borrower nor any Subsidiary is its Subsidiaries are affected by any fire, explosion, accident, strike, lockout, or other labor dispute, drought, storm, hail, earthquake, embargo, act of public enemy, or other casualty (whether or not covered by insurance) which, individually or in the aggregate, has had or could be reasonably expected to have a Material Adverse Effect).

Appears in 1 contract

Samples: Credit Agreement (Amerinac Holding Corp.)

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