Common use of Commercial Tort Claims Clause in Contracts

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim seeking damages in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more250,000, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor including a summary description of such claim and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent Agent, for the ratable benefit of the Secured Parties, 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 satisfactory to the Collateral Agent.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more5,000,000, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor including a summary description of such claim and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent Agent, for the ratable benefit of the Secured Parties, 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.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more1,000,000, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor Grantor, including a summary description of such claim, and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent in 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.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 2,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim commercial tort claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more3,000,000, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor including a summary description of such claim and provide supplements to Schedule III describing the details thereof and shall 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.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more250,000, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor including a summary description of such claim and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent Agent, for the ratable benefit of the Secured Parties, 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.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more10,000,000, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor including a summary description of such claim and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent Agent, for the ratable benefit of the Secured Parties, 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 satisfactory to the Collateral Agent.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more7.5 million, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor Grantor, including a summary description of such claim, and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent in writing a security interest therein and in the proceeds thereof, all upon under the terms and provisions of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Collateral Agent.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim commercial tort claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more250,000, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor including a summary description of such claim and provide supplements to Schedule III describing the details thereof and shall 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.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim commercial tort claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more500,000, such the Grantor shall promptly immediately notify the Collateral Agent thereof in a writing signed by such Grantor Grantor, including a summary description of such claim, and provide supplements to Schedule III describing the details thereof and shall 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 satisfactory to the Collateral Agent.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more500,000, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor including a summary description of such claim and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent Agent, for the ratable benefit of the Secured Parties, 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 satisfactory to the Collateral Agent.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim commercial tort claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more1,000,000, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor including a summary description of such claim and provide supplements to Schedule III describing the details thereof and shall 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.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 3,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III II describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more50,000, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor including a summary description of such claim and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent Agent, for the ratable benefit of the Secured Parties, 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 satisfactory to the Collateral Agent.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 250,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a Commercial Tort Claim commercial tort claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of to exceed $5,000,000 or more400,000, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor including a summary description of such claim and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent Agent, for the ratable benefit of the Secured Parties, 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.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 20,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 or more, such Grantor shall promptly notify the Collateral Second Lien Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Second Lien Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim commercial tort claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 2,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof at the time of delivery of financial statements as required by Section 7.1(a) or 7.1(b) of the Credit Agreement in a writing signed by and at such Grantor and time provide supplements to Schedule III II describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement. ARTICLE IV [RESERVED] ARTICLE V Collections Section 5.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim commercial tort claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 3,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof at the time of delivery of financial statements as required by Section 7.1(a) or 7.1(b) of the Credit Agreement in a writing signed by and at such Grantor and time provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement hold or acquire a any Commercial Tort Claim Claims with a reasonably expected value in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) excess of $5,000,000 1,500,000 individually or more$3,000,000 in aggregate, other than those listed on Schedule III hereto, such Grantor shall promptly immediately notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III describing of the details particulars thereof and shall grant to the Collateral Agent Agent, upon the Collateral Agent’s request, a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with a writing in form and substance satisfactory to the Collateral Agent.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III II describing the details thereof and shall grant to the Collateral Agent Agent, for the benefit of the Secured Parties, a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any such Grantor shall at obtain an interest in any time after the date of this Agreement acquire a Commercial Tort Claim with a reasonably expected aggregate value of damages in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) excess of $5,000,000 or more(as reasonably determined by such Grantor) and for which a complaint in a court proceeding has been filed by such Grantor, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by within 30 days of initiating such Grantor proceeding sign and provide supplements to Schedule III describing the details thereof and shall grant deliver documentation reasonably acceptable to the Collateral Agent granting a security interest therein under the terms and provisions of this Agreement in and to such Commercial Tort claim and the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any the Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 or more, such the Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such the Grantor and provide supplements to Schedule III I describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.. 95959845_3

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 10,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III IV describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 2,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III IV describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 or more, such Grantor shall promptly notify the Collateral Administrative Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III 8 to the Perfection Certificate describing the details thereof and shall grant to the Collateral Administrative Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking as to which the greater of the aggregate claimed damages claim thereunder or the reasonably estimated value thereof) of is $5,000,000 250,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III II describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.. In the event any Supplemental Collateral Questionnaire or Pledge and Security

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire or become the beneficiary of a Commercial Tort Claim commercial tort claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) excess of $5,000,000 or more20,000,000, such Grantor shall promptly notify provide the Notes Collateral Agent thereof in a writing signed by such Grantor and provide supplements to with an amended Schedule III 6 hereto describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim commercial tort claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 3,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof at the time of delivery of financial statements as required by Section 7.1(a) or 7.1(b) of the Credit Agreement in a writing signed by and at such Grantor and time provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent (or the First Lien Agent as the Collateral Agent’s bailee for perfection) a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 10,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim constituting Collateral in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 2,000,000 or more, such Grantor shall promptly notify the Collateral Administrative Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III I describing the details thereof and shall grant to the Collateral Administrative Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim involving a claim in an amount (taking the equal to or greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of than $5,000,000 or more10,000,000, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III describing the details thereof and shall 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.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim constituting Collateral in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 2,000,000 or more, such Grantor shall promptly notify the Collateral Administrative Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III II describing the details thereof and shall grant to the Collateral Administrative Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of or $5,000,000 or more, such Grantor Assignor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III describing the details thereof and shall grant deliver to the Collateral Agent a security interest therein and completed Pledge Supplement, substantially in the proceeds thereofform of Exhibit A attached hereto, all upon together with a supplement to Schedule 5.2 of the terms of this AgreementSecurity Agreement Disclosure Letter, identifying such Commercial Tort Claim in accordance with Section 4.6(b).

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount (taking the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereof) of $5,000,000 20,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III IV describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.

Commercial Tort Claims. If any Grantor shall at any time after the date of this Agreement acquire a Commercial Tort Claim in an amount with a value (taking as reasonably determined by the greater of the aggregate claimed damages thereunder or the reasonably estimated value thereofU.S. Borrower) of $5,000,000 10,000,000 or more, such Grantor shall promptly notify the Collateral Agent thereof in a writing signed by such Grantor and provide supplements to Schedule III describing the details thereof and shall grant to the Collateral Agent a security interest therein and in the proceeds thereof, all upon the terms of this Agreement.