Common use of Additional Commercial Tort Claims Clause in Contracts

Additional Commercial Tort Claims. If at any time such Grantor has any Commercial Tort Claims for an amount in controversy in excess of $2,500,000 that constitute Collateral which are not described on Schedule VI hereto, such Grantor shall as soon as reasonably practicable provide to the Administrative Agent a supplement to Schedule VI, describing such additional Commercial Tort Claims. Upon delivery of such supplement, Schedule VI shall be deemed modified to the extent provided in such supplement.

Additional Commercial Tort Claims. If at any time such Grantor has any Commercial Tort Claims for an amount in controversy in excess of $2,500,000 that constitute Collateral which are not described on Schedule VI hereto, such Grantor shall as soon as reasonably practicable provide to the Administrative Collateral Agent a supplement to Schedule VI, describing such additional Commercial Tort Claims. Upon delivery of such supplement, Schedule VI shall be deemed modified to the extent provided in such supplement.