Examples of Material Commercial Tort Claim in a sentence
Each Grantor hereby covenants and agrees that it shall provide the Administrative Agent with prompt written notice of each Material Commercial Tort Claim, and any judgment, settlement or other disposition thereof and will take such action as the Administrative Agent may request to grant and perfect a security interest therein in favor of the Administrative Agent and the other Secured Parties.
Water Level: Maintain water level below trench bottom at all times.
SCHEDULE 3 MATERIAL COMMERCIAL TORT CLAIMS [Describe each existing Material Commercial Tort Claim with the specificity required to satisfy Official Comment 5 to UCC Section 9-108.] SCHEDULE 4 OTHER SECURED OBLIGATIONS2 2 If amounts other than principal and interest (such as fees or indemnities) are payable in connection with any obligation listed in this Schedule and are to be secured, this Schedule or the definition of “Secured Obligations” in Section 1 should so state.
The Grantors own Security Entitlements with respect to Financial Assets credited to the following Securities Accounts: Owner Securities Intermediary Account Number SCHEDULE 3 MATERIAL COMMERCIAL TORT CLAIMS Describe each existing Material Commercial Tort Claim with the specificity required to satisfy Official Comment 5 to UCC Section 9-108.
Each Grantor represents, warrants and covenants that Schedule 3 accurately describes, with the specificity required to satisfy Official Comment 5 to UCC Section 9-108, each Material Commercial Tort Claim with respect to which such Grantor is the claimant as of the date hereof.