Eminent Domain, Expropriation and Other Governmental Takings. The Company and the Subsidiary Guarantors, as the case may be, shall be entitled to obtain a release of, and the Trustee shall release, items of Collateral taken by eminent domain or expropriation or sold pursuant to the exercise by the United States of America or any State, municipality, province or other governmental authority thereof of any right which it may then have to purchase, or to designate a purchaser or to order a sale of, all or any part of the Collateral, upon compliance with the conditions precedent that the Company shall have delivered to the Trustee the following:
Appears in 4 contracts
Samples: Indenture (RBX Corp), Intercreditor and Collateral Agency Agreement (RBX Corp), RBX Corp
