Common use of Commercial Tort Claims Clause in Contracts

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party the Collateral Agent of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 and unless otherwise consented to by Secured Partythe Collateral Agent, such Debtor shall enter into a supplement to this Agreement granting to the Secured Party Parties a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each If Debtor at any time holds or acquires a Commercial Tort Claim, Debtor shall promptly immediately notify Secured Party in writing of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 the details thereof and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting grant to Secured Party in writing a Lien on and security interest therein or lien thereon and in such Commercial Tort Claimthe Proceeds thereof, in form and substance satisfactory to Secured Party.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party the Collateral Agent of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 and unless otherwise consented to if requested by Secured Partythe Collateral Agent, such Debtor shall enter into a supplement to this Agreement granting to the Secured Party Parties a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each If Debtor shall promptly at any time hold or acquire a commercial tort claim, Debtor shall immediately notify Secured Party in a writing signed by Debtor of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 the particulars thereof and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting grant to Secured Party in such writing a Lien on and security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such Commercial Tort Claimwriting to be in form and substance satisfactory to Secured Party.

Commercial Tort Claims. Each The Debtor shall promptly notify Secured Party of any the Agent in writing upon incurring or otherwise obtaining a Commercial Tort Claim acquired by it that concerns a claim in excess against any third party, and upon request of $50,000 and unless otherwise consented to by the Secured PartyParties, such Debtor shall promptly enter into a supplement an amendment to this Security Agreement granting and do such other acts or things deemed appropriate by the Secured Parties to give the Secured Party Parties a Lien on and security interest in any such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 20,000 and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting to Secured Party Parties a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each If Debtor shall promptly at any time hold or acquire a Commercial Tort Claim, Debtor shall immediately notify Secured Party in writing of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 the details thereof and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting grant to Secured Party in such writing a Lien on and security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such Commercial Tort Claimwriting to be in form and substance acceptable to Secured Party.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any Commercial Tort Claim (as defined in the Uniform Commercial Code) acquired by it that concerns a claim in excess of $50,000 and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement Agreement, granting to Secured Party a Lien on and security interest in such Commercial Tort Claimcommercial tort claim.

Commercial Tort Claims. Each If any Debtor shall promptly notify Secured Party of at any time holds or acquires a Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 and unless otherwise consented to by Secured PartyClaim, such Debtor shall enter into a supplement to this Agreement granting immediately notify Secured Party in writing of the details thereof and grant to Secured Party in writing a Lien on and security interest therein or lien thereon and in such Commercial Tort Claimthe Proceeds thereof, in form and substance reasonably satisfactory to Secured Party.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any Commercial Tort Claim (as defined in the Uniform Commercial Code) acquired by it that concerns a claim in excess of $50,000 and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each If Debtor shall promptly notify Secured Party of at any time holds or acquires Commercial Tort Claim acquired by it that concerns a claim Claims in excess of $50,000 and unless otherwise consented to by Secured Party100,000 in the aggregate, such Debtor shall enter into a supplement to this Agreement granting immediately notify Secured Party in writing of the details thereof and grant to Secured Party in writing a Lien on and security interest therein or lien thereon and in such Commercial Tort Claimthe Proceeds thereof, in form and substance satisfactory to Secured Party.

Commercial Tort Claims. Each The Debtor shall promptly notify the Secured Party of any Parties in writing upon incurring or otherwise obtaining a Commercial Tort Claim acquired by it that concerns a claim in excess against any third party, and upon request of $50,000 and unless otherwise consented to by the Secured PartyParties, such Debtor shall promptly enter into a supplement an amendment to this Security Agreement granting and do such other acts or things deemed appropriate by the Secured Parties to give the Secured Party Parties a Lien on and security interest in any such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any in writing if it has a Commercial Tort Claim acquired by it that concerns (other than, as long as no Default or Event of Default exists, a Commercial Tort Claim for less than $50,000) and shall take such actions as Secured Party deems appropriate to subject such claim to a duly perfected, first priority Lien in excess favor of $50,000 and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.. 

Commercial Tort Claims. Each If Debtor shall at any time hold or acquire a commercial tort claim, Debtor shall promptly notify Secured Party in a writing signed by Debtor of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 the particulars thereof and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting grant to Secured Party in such writing a Lien on and security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such Commercial Tort Claimwriting to be in form and substance satisfactory to Secured Party.

Commercial Tort Claims. Each Debtor shall promptly notify the Secured Party of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 25,000 and unless otherwise consented to by the Secured Party, such Debtor shall enter into a supplement to this Agreement granting to the Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each If the Debtor shall at any time acquire a commercial tort claim, the Debtor shall promptly notify the Secured Party in a writing signed by the Debtor of any Commercial Tort Claim acquired by it that concerns the brief details thereof and grant to the Secured Party in such writing a claim security interest therein and in excess the proceeds thereof, all upon the terms of $50,000 this Agreement, with such writing to be in form and unless otherwise consented substance satisfactory to by the Secured Party, such Debtor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor The Debtors shall promptly notify the Secured Party of any in writing upon incurring or otherwise obtaining a Commercial Tort Claim acquired by it that concerns a claim in excess against any third party, and upon request of $50,000 and unless otherwise consented to by the Secured Party, such Debtor shall promptly enter into an amendment to this Agreement or a supplement to this Agreement granting the Collateral Disclosure List and do such other acts or things deemed appropriate by the Secured Party to give the Secured Party a Lien on and security interest in any such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any Commercial Tort Claim (as defined in the Uniform Commercial Code) acquired by it that concerns a claim in excess of $50,000 100,000 and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any Commercial Tort Claim (as defined in the Uniform Commercial Code) acquired by it that concerns a claim in excess of $50,000 and and, unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each The Debtor shall promptly notify the Secured Party of any in writing upon incurring or otherwise obtaining a Commercial Tort Claim acquired by it that concerns a claim in excess against any third party, and upon request of $50,000 and unless otherwise consented to by the Secured Party, such Debtor shall promptly enter into a supplement an amendment to this Agreement granting and do such other acts or things deemed appropriate by the Secured Party to give the Secured Party a Lien on and security interest in any such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 100,000 and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each If the Debtor shall promptly notify Secured Party of at any Commercial Tort Claim acquired by it that concerns time hold or acquire a commercial tort claim with a claimed amount in excess of $50,000 500,000, the Debtor shall immediately notify the Secured Party in a writing signed by the Debtor of the particulars thereof and unless otherwise consented grant to by the Secured Party 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 Secured Party, such Debtor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify the Secured Party of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 and and, unless otherwise consented to by the Secured Party, such Debtor shall enter into a supplement to this Agreement granting to the Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 and and, unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each The Debtor shall promptly notify the Secured Party of any in writing upon incurring or otherwise obtaining a Commercial Tort Claim acquired by it that concerns a claim in excess against any third party, and upon request of $50,000 and unless otherwise consented to by the Secured Party, such Debtor shall promptly enter into a supplement an amendment to this Security Agreement granting and do such other acts or things deemed appropriate by the Secured Party to give the Secured Party a Lien on and security interest in any such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 and unless otherwise consented to by Secured PartyParty or Lender, such Debtor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify the Secured Party of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 10,000 and unless otherwise consented to by the Secured Party, such Debtor shall enter into a supplement to this Agreement granting to the Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 20,000 and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each Debtor shall promptly notify Secured Party of any Commercial Tort Claim (as defined in the Uniform Commercial Code) acquired by it that concerns a claim in excess of $50,000 and unless otherwise consented to by Secured Party, such Debtor shall enter into a supplement to this Agreement Agreement, granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.commercial tort claim. Panther Security Agreement

Commercial Tort Claims. Each Debtor Such Obligor shall promptly notify Secured Party of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 and unless otherwise consented to by Secured Party, such Debtor Obligor shall enter into a supplement to this Agreement granting to Secured Party a Lien on and security interest in such Commercial Tort Claim.

Commercial Tort Claims. Each The Debtor shall promptly notify the Secured Party of any Commercial Tort Claim acquired by it that concerns a claim in excess of $50,000 and unless otherwise consented to by the Secured Party, such the Debtor shall enter into a supplement to this Agreement Agreement, granting to the Secured Party a Lien on and security interest in such Commercial Tort Claim.