Extraordinary Loss. 14 FDIC ..................................................................................... 14 FHLMC ..................................................................................... 14
Extraordinary Loss. Promptly notify Lender in writing of any event causing extraordinary loss or depreciation of the value of Obligor’s assets (whether or not insured) and the facts with respect thereto.
Extraordinary Loss. Promptly notify Secured Party in writing of any event causing extraordinary loss or depreciation of the value of Debtor’s assets (whether or not insured) and the facts with respect thereto.
Extraordinary Loss. Promptly notify Members United in writing within seven (7) business days of any event causing extraordinary loss or depreciation of the value of CUSO's assets (whether or not insured) and the facts with respect thereto. (n)
Extraordinary Loss. Promptly notify Xxxxxx in writing within seven (7) business days of any event causing extraordinary loss or depreciation of the value of Member’s assets (whether or not insured) and the facts with respect thereto.
Extraordinary Loss. Promptly notify Bank in writing of any event causing extraordinary loss or depreciation of the value of any of Borrower’s or its Subsidiaries’, if any, assets and the facts with respect thereto.
Extraordinary Loss. The occurrence of any event causing extraordinary loss or depreciation of the value of Borrower’s assets (whether or not insured) and the facts with respect thereto which could result in any material adverse change in the business, operations, prospects, properties or assets or in the condition, financial or otherwise, of Borrower.
Extraordinary Loss. On April 6, 2001, the Company redeemed all of its outstanding 3.75% Notes at 102.08% of the principal amount thereof plus accrued interest for a total cash payment of $397.7 million. An extraordinary loss of $7.7 million was incurred as a result of the early extinguishment of debt, consisting of $8.1 million of retirement premiums and the write-off of $3.8 million of associated debt issuance costs, net of a tax benefit of $4.2 million. See Note 8 to the Company's Consolidated Financial Statement in Item 8 of Part II of this report. YEARS ENDED DECEMBER 31, 2000 AND 1999 Comparative data relating to the Company's revenues and operating expenses by equipment type are listed below (eliminations offset (i) dayrate revenues earned when the Company's rigs are utilized in its integrated services and (ii) intercompany expenses charged to rig operations). Certain amounts applicable to the prior periods have been reclassified to conform to the classifications currently followed. Such reclassifications do not affect earnings. YEAR ENDED DECEMBER 31, ---------------------- INCREASE/ 2000 1999 (DECREASE) ---------- --------- ---------- REVENUES (IN THOUSANDS) High Specification Floaters............................. $ 212,000 $ 262,571 $ (50,571) Other Semisubmersibles.................................. 313,287 463,168 (149,881) Xxxx-ups................................................ 118,885 74,484 44,401 Integrated Services..................................... 23,298 32,769 (9,471) Other................................................... 140 -- 140
Extraordinary Loss. 17 SECTION PAGE
Extraordinary Loss. Promptly notify the Agent and the Banks in writing of any event causing extraordinary loss or depreciation of the value of Borrower's or any Subsidiary's assets (whether or not insured) and the facts with respect thereto.
