Common use of No Damage or Taking Clause in Contracts

No Damage or Taking. No portion of the Improvements shall have been damaged by fire or other casualty, and no condemnation or taking of the Mortgaged Property or the Improvements or any portion thereof shall be pending or threatened which materially impairs the Borrowers' ability to use the Improvements and the Mortgaged Property.

Appears in 3 contracts

Samples: Loan and Security Agreement (Avalon Holdings Corp), Loan and Security Agreement (Avalon Holdings Corp), Loan and Security Agreement (Avalon Holdings Corp)

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No Damage or Taking. No portion of the Improvements shall have been damaged by fire or other casualty, and no condemnation or taking of the 2019 Mortgaged Property or the Improvements or any portion thereof shall be pending or threatened which materially impairs the Borrowers' ability to use the Improvements and the 2019 Mortgaged Property.

Appears in 1 contract

Samples: Loan and Security Agreement (Avalon Holdings Corp)

No Damage or Taking. No portion of the Improvements shall have been damaged by fire or other casualty, casualty and no condemnation or taking of the Mortgaged Property Premises or the Improvements or any portion thereof shall be pending or threatened which materially impairs the Borrowers' ability to use the Improvements and the Mortgaged Property.threatened;

Appears in 1 contract

Samples: Reimbursement, Credit and Security Agreement

No Damage or Taking. No portion of the Improvements ------------------- shall have been damaged by fire or other casualty, casualty and no condemnation or taking of the Mortgaged Property Project Facilities or the Improvements or any portion thereof shall be pending or threatened which materially impairs the Borrowers' ability to use the Improvements and the Mortgaged Propertythreatened.

Appears in 1 contract

Samples: Reimbursement, Credit and Security Agreement (Innovative Solutions & Support Inc)

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No Damage or Taking. No portion of the Improvements shall have been damaged by fire or other casualty, casualty and no condemnation or taking of the Mortgaged Property or the Improvements or any portion thereof shall be pending or threatened which materially impairs the Borrowers' ability to use the Improvements and the Mortgaged Propertythreatened.

Appears in 1 contract

Samples: Construction Loan Agreement (Emergent BioSolutions Inc.)

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