Common use of Notice of Loss Clause in Contracts

Notice of Loss. Each Obligor shall promptly give notice to the Administrative Agent of any loss or damage by fire, theft, flood, explosion, sprinklers, collision or otherwise to its assets where the assets affected by such loss or damage are worth more than C$5,000,000.

Notice of Loss. Each Obligor shall promptly give notice to the Administrative Agent of any loss or damage by fire, theft, flood, explosion, sprinklers, collision or otherwise to its assets Assets where the assets Assets affected by such loss or damage are worth more than C$5,000,0001,000,000.