Common use of Tort Claim Notice Clause in Contracts

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed Five Hundred Thousand Dollars ($500,000), Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed Five Hundred Thousand Dollars (provide Borrower with a benefit valued in excess of $500,000)500,000.00, Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed in excess of Five Hundred Thousand Dollars ($500,000)) individually or in the aggregate, Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed Five Hundred Thousand Dollars (in excess of, individually or in the aggregate, $500,000)1,000,000.00, Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed Five Hundred Thousand Dollars ($500,000), Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;; (l)

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed Five Hundred Thousand Dollars (individually of at least $500,000), or commercial tort claims in the aggregate with a value of at least $1,000,000, Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a potential value that could reasonably be expected to exceed in excess of Five Hundred Thousand Dollars ($500,000), Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed Five in excess of Two Hundred Fifty Thousand Dollars ($500,000250,000), Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If Borrower shall knowingly acquire a commercial tort claim with a reasonable expected value that could reasonably be expected to exceed in excess of Five Hundred Thousand Dollars ($500,000), Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed Five in excess of Three Hundred Fifty Thousand Dollars ($500,000350,000), Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a potential value that could reasonably be expected to exceed in excess of Five Hundred Thousand Dollars ($500,000), Borrower . Xxxxxxxx shall promptly notify Bank in a writing signed by Borrower Xxxxxxxx of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If any Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed Five Hundred Thousand in excess of One Million Dollars ($500,0001,000,000), such Borrower shall promptly notify Bank in a writing signed by such Borrower of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed Five Hundred in excess of Fifty Thousand Dollars ($500,00050,000), Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;

Tort Claim Notice. If any Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed Five Hundred Thousand in excess of One Million Dollars ($500,0001,000,000), such Borrower shall promptly notify Bank in a writing signed by such Borrower of the general details thereof and, if so requested by Bank, and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;; (l)

Tort Claim Notice. If Borrower shall acquire a commercial tort claim with a value that could reasonably be expected to exceed Five Hundred Thousand Dollars ($500,000), Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and, if so requested by Bank, grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank;; (l) (j)