Common use of Properties Affected Clause in Contracts

Properties Affected. Neither the business nor the properties of any Co-Borrower or any Guarantor are affected by any fire, explosion, accident, strike, hail, earthquake, embargo, act of God or of the public enemy, or other casualty (whether or not covered by insurance), which could result in a Material Adverse Change in the Co-Borrowers, or either of them, or any Guarantor.

Appears in 4 contracts

Samples: Revolving Credit Agreement (PDK Labs Inc), Revolving Credit Agreement (Futurebiotics Inc), Security Agreement (Futurebiotics Inc)

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Properties Affected. Neither the business nor the properties of the Company, any Co-Borrower of the Guarantors or any Guarantor Subsidiary are affected by any fire, explosion, accident, strike, hail, earthquake, embargo, act of God or of the public enemy, or other casualty (whether or not covered by insurance), which could result in a Material Adverse Change in the Co-BorrowersCompany, or either of them, such Guarantor or any GuarantorSubsidiary.

Appears in 1 contract

Samples: Credit Agreement (PDK Labs Inc)

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