Common use of Uninsured Casualty Loss Clause in Contracts

Uninsured Casualty Loss. The occurrence of any (a) uninsured loss, theft, damage, or destruction of or to any material portion of the Collateral, or (b) sale (other than sales in the ordinary course of business) of any material portion of Collateral to which the requisite Consent of the Lenders has not been given hereunder.

Appears in 3 contracts

Samples: Loan and Security Agreement (Restoration Hardware Inc), Loan and Security Agreement (Mazel Stores Inc), Loan and Security Agreement (Mazel Stores Inc)

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Uninsured Casualty Loss. The occurrence of any (a) uninsured loss, theft, damage, or destruction of or to any material substantial portion of the Collateral, or (b) sale (other than sales in the ordinary course of business) of any material portion of Collateral to which the requisite Consent of the Lenders has not been given hereunder.

Appears in 2 contracts

Samples: Loan and Security Agreement (Designs Inc), Loan and Security Agreement (Designs Inc)

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Uninsured Casualty Loss. The occurrence of any (a) uninsured loss, theft, damage, or destruction of or to any material portion of the Collateral, or (b) sale (other than sales in the ordinary course of business) of any material portion of Collateral to which the requisite Consent of the Lenders has not been given hereunderBorrower's assets.

Appears in 1 contract

Samples: Loan Agreement (Ufp Technologies Inc)

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