Uninsured Losses. Any loss, theft, damage or destruction of any of Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000.
Appears in 2 contracts
Samples: Credit Agreement (Remington Arms Co Inc/), Credit Agreement (Remington Arms Co Inc/)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000500,000.
Appears in 2 contracts
Samples: Loan and Security Agreement (Dixie Group Inc), Loan and Security Agreement (Dixie Group Inc)
Uninsured Losses. Any There shall occur any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,0005,000,000.
Appears in 2 contracts
Samples: Loan and Security Agreement (Enpro Industries, Inc), Loan and Security Agreement (Enpro Industries, Inc)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,0001,000,000; provided, however, the foregoing shall not constitute an Event of Default so long as Borrowers as of the date of the occurrence of any such uninsured loss have Liquidity in an amount at least equal to 20% of the aggregate Commitments plus the amount of such uninsured loss.
Appears in 2 contracts
Samples: Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Standard Register Co)
Uninsured Losses. Any loss, theft, damage damage, or destruction of any of the Collateral not fully covered (subject to such deductibles as Collateral Agent shall have permitted) by insurance if the amount not covered by insurance exceeds in excess of $2,500,000500,000.
Appears in 2 contracts
Samples: Loan and Security Agreement (Questron Technology Inc), Loan and Security Agreement (Questron Technology Inc)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as the Administrative Agent shall have permitted) by insurance if the aggregate amount not covered by insurance exceeds $2,500,000.1,000,000 in any Fiscal Year; or
Appears in 2 contracts
Samples: Credit Agreement (FX Real Estate & Entertainment Inc.), Credit Agreement (FX Real Estate & Entertainment Inc.)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000100,000.
Appears in 2 contracts
Samples: Loan and Security Agreement (Integrated Electrical Services Inc), Loan and Security Agreement (Metromedia International Group Inc)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,0002,000,000.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mastec Inc), Loan and Security Agreement (Mastec Inc)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,00050,000.
Appears in 2 contracts
Samples: Loan and Security Agreement (Integrated Electrical Services Inc), Loan and Security Agreement (Integrated Electrical Services Inc)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,0003,000,000.
Appears in 1 contract
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent Lender shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000250,000.
Appears in 1 contract
Samples: Loan and Security Agreement (Proxymed Inc /Ft Lauderdale/)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,0001,000,000; provided, however, the foregoing shall not constitute an Event of Default so long as Borrowers as of the date of the occurrence of any such uninsured loss have Liquidity in an amount at least equal to $20,000,000 plus the amount of such uninsured loss.
Appears in 1 contract
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral in an amount in excess of $50,000 or more not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000insurance.
Appears in 1 contract
Samples: Loan and Security Agreement (Houston Wire & Cable CO)
Uninsured Losses. Any loss, theft, damage or destruction of any of Collateral the Property of Borrowers not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000750,000 in the case of the Collateral or $5,000,000 in the case of all other Property.
Appears in 1 contract
Samples: Loan and Security Agreement (Danka Business Systems PLC)
Uninsured Losses. Any material loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000500,000.
Appears in 1 contract
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000250,000.
Appears in 1 contract
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral in an amount in excess of $750,000 or more not fully covered (subject to such deductibles as Agent Lender shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000insurance.
Appears in 1 contract
Samples: Loan and Security Agreement (Northwestern Steel & Wire Co)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral (excluding Accounts) not fully covered (subject to such deductibles as Administrative Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,0002,000,000. Material Adverse Effect. There shall occur any event or condition that has a Material Adverse Effect.
Appears in 1 contract
Samples: Credit and Security Agreement (PNA Group Holding CORP)
Uninsured Losses. Any material loss, theft, damage or destruction of any portion of Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the Collateral, the uninsured portion of which exceeds $2,000,000 plus the amount not covered of deductibles and self-insurance retentions permitted by insurance exceeds $2,500,000Agent.
Appears in 1 contract
Samples: Loan and Security Agreement (Cambium Learning Group, Inc.)
Uninsured Losses. Any loss, theft, damage or ---------------- destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000250,000.
Appears in 1 contract
Samples: Loan and Security Agreement (Gulf States Steel Inc /Al/)
Uninsured Losses. Any material loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if insurance, or a sale, lease or encumbrance of any Collateral or the amount not covered making of a levy, seizure, or attachment thereof or thereon in excess of $1,000,000 except in all cases as may be specifically permitted by insurance exceeds $2,500,000other provisions of this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (United Natural Foods Inc)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral in an amount in excess of $500,000 or more not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000insurance.
Appears in 1 contract
Samples: Loan and Security Agreement (Houston Wire & Cable CO)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to deductibles in amounts in effect on the date hereof and such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000500,000.
Appears in 1 contract
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent Lender shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000500,000.
Appears in 1 contract
Samples: Loan and Security Agreement (Sed International Holdings Inc)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent Lender shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,0001,000,000.
Appears in 1 contract
Samples: Loan and Security Agreement (Artesyn Technologies Inc)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral with a value of USD $250,000 or more not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000insurance.
Appears in 1 contract
Samples: And Security Agreement (Aperian Inc)
Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent the Required Holders shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000.1,000,000; or
Appears in 1 contract
Samples: Note Agreement (Pameco Corp)