Material Commercial Tort Claims definition

Material Commercial Tort Claims means, with respect to each Grantor, (i) all Commercial Tort Claims asserted by it, or on its behalf, in writing, and (ii) each Commercial Tort Claim in excess of $50,000 to which it has any right, title or interest and of which it is aware.

Material Commercial Tort Claims means a Commercial Tort Claim involving a claim for more than $10,000,000.

Material Commercial Tort Claims means commercial tort claims for which a final judgment or order for the payment of money exceeds $25,000,000 as described on Schedule V.

Examples of Material Commercial Tort Claims in a sentence

• Each of the Grantors, jointly with the other Grantors and severally, represents and warrants to the Administrative Agent and the other Secured Parties that Schedule 3.7 sets forth, as of the Applicable Date, all Material Commercial Tort Claims.

• The Borrower represents and warrants to the Lender and the other Secured Parties that Schedule 3.6 hereto sets forth, as of the Applicable Date, all Material Commercial Tort Claims.

• If any Grantor shall at any time hold or acquire Material Commercial Tort Claims, the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor including a summary description of such claim and grant to the Collateral Agent 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 the Collateral Agent.

• Except for matters disclosed on Schedule 2.8 hereto, as of the date hereof no Assignor owns any ------------------------ ------------- Material Commercial Tort Claims.

• Xxxxx Title: President and Chief Executive Officer Schedule 1 Material Commercial Tort Claims None.

• Attached hereto as Schedule 7 is a true and correct list of all Material Commercial Tort Claims held by each Grantor, including a brief description thereof.

• Schedule 1 Material Commercial Tort Claims EXHIBITS: Exhibit A Security Agreement Supplement SECURITY AGREEMENT AGREEMENT dated as of June 15, 2011 among E*TRADE FINANCIAL CORPORATION, a Delaware corporation (the “Company”), each of the SUBSIDIARY GRANTORS listed on the signature pages hereof (the “Subsidiary Grantors”; and, together with the Company, collectively, the “Grantors”) and THE BANK OF NEW YORK MELLON, as collateral trustee (the “Collateral Trustee”).