Uninsured Damage. The occurrence of any uninsured damage to or loss, theft or destruction of, any assets of any Obligor or any of their Subsidiaries and such damage, loss, theft or destruction shall exceed $1,000,000 in the aggregate at any time.
Appears in 4 contracts
Samples: Credit Agreement, Credit Agreement (Parametric Sound Corp), Credit Agreement (Parametric Sound Corp)
Uninsured Damage. The occurrence of any uninsured damage to or loss, theft or destruction of, any assets of any Obligor the Borrower or any of their its Subsidiaries and such damage, loss, theft or destruction shall exceed $1,000,000 in the aggregate at any time.
Appears in 2 contracts
Samples: Credit Agreement (Resource America Inc), Credit Agreement (LEAF Equipment Leasing Income Fund III, L.P.)
Uninsured Damage. The occurrence of any uninsured damage to or loss, theft or destruction of, any assets of any Obligor Borrower or any of their its Subsidiaries and such damage, loss, theft or destruction shall exceed $1,000,000 in the aggregate at any time.
Appears in 1 contract
