Common use of Uninsured Losses Clause in Contracts

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, or a sale, lease or encumbrance of any Collateral or the 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 other provisions of this Agreement.

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, or a sale, lease or encumbrance of any Collateral or insurance if the making of a levy, seizure, or attachment thereof or thereon in excess of amount not covered by insurance exceeds $1,000,000 except in all cases as may be specifically permitted by other provisions of this Agreement3,000,000.

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, or a sale, lease or encumbrance of any Collateral or insurance if the making of a levy, seizure, or attachment thereof or thereon in excess of amount not covered by insurance exceeds $1,000,000 except in all cases as may be specifically permitted by other provisions of this Agreement500,000.

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, or a sale, lease or encumbrance of any Collateral or insurance if the making of a levy, seizure, or attachment thereof or thereon in excess of amount not covered by insurance exceeds $1,000,000 except in all cases as may be specifically permitted by other provisions of this Agreement250,000.

Uninsured Losses. Any material loss, theft, damage or destruction of any of the Collateral Property of Borrowers not fully covered (subject to such deductibles as Agent shall have permitted) by insurance, or a sale, lease or encumbrance insurance if the amount not covered by insurance exceeds $750,000 in the case of any the Collateral or $5,000,000 in the making case 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 other provisions of this AgreementProperty.

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 permittedare currently in effect under the insurance policies referred to in Section 9.1.8) by insurance, or a sale, lease or encumbrance insurance if (i) the amount not covered by insurance exceeds $5,000,000 and (ii) Administrative Agent (at the direction of any Collateral or the making Required Lenders) notifies Borrowers in writing of a levy, seizure, or attachment thereof or thereon in excess Administrative Agent’s election to treat such occurrence as an Event of $1,000,000 except in all cases as may be specifically permitted by other provisions of this AgreementDefault.

Uninsured Losses. Any material 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, insurance if the amount not covered by insurance exceeds $2,000,000. Material Adverse Effect. There shall occur any event or condition that has a sale, lease or encumbrance of any Collateral or the 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 other provisions of this AgreementMaterial Adverse Effect.