Common use of Uninsured Losses; Proceedings Against Assets Clause in Contracts

Uninsured Losses; Proceedings Against Assets. There shall occur any uninsured damage to or loss, theft or destruction of any of assets or properties of the Loan Party or any Subsidiary of a Loan Party in excess of $5,000,000 or any of the Loan Parties’ or any of their Subsidiaries’ assets with a fair market value of $5,000,000 or greater are attached, seized, levied upon or subjected to a writ or distress warrant; or such come within the possession of any receiver, trustee, custodian or assignee for the benefit of creditors and the same is not cured within thirty (30) days thereafter;

Uninsured Losses; Proceedings Against Assets. There shall occur (i) any material uninsured damage to or loss, theft or destruction of any of assets or properties of the Loan Party or any Subsidiary of a Loan Party Party’s property in excess of $5,000,000 15,000,000 or (ii) any of the Loan Parties’ or any of their Subsidiaries’ assets with assets, having a fair market value in excess of $5,000,000 or greater 10,000,000, are attached, seized, levied upon by, or subjected to a writ or distress warrant; warrant in favor of, or such come within the possession of of, any receiver, trustee, custodian or assignee for the benefit of creditors and the same is not cured within thirty sixty (3060) days thereafter;

Uninsured Losses; Proceedings Against Assets. There shall occur any uninsured damage to or loss, theft or destruction of any of the assets or properties of the a Loan Party or any Subsidiary of a Loan Party in excess of $5,000,000 that constitutes a Material Adverse Change, or any of the Loan Parties’ or any of their Subsidiaries’ assets with a fair market value of $5,000,000 2,250,000 or greater are attached, seized, levied upon or subjected to a writ or distress warrant; or such come within the possession of any receiver, trustee, custodian or assignee for the benefit of creditors and the same is not cured within thirty (30) days thereafter;

Uninsured Losses; Proceedings Against Assets. There shall occur any material uninsured damage to or loss, theft or destruction of any of assets or properties of the Loan Party or any Subsidiary of a Loan Party in excess of $5,000,000 or any of the Loan Parties’ or any of their Subsidiaries’ ' assets with a fair market value in excess of Ten Million and 00/100 Dollars ($5,000,000 10,000,000.00) or greater any of the Loan Parties' or any of their Subsidiaries' assets are attached, seized, levied upon or subjected to a writ or distress warrant; or such come within the possession of any receiver, trustee, custodian or assignee for the benefit of creditors and the same is not cured within thirty sixty (3060) days thereafter;

Uninsured Losses; Proceedings Against Assets. There shall occur any uninsured damage to or loss, theft or destruction of any of assets or properties of the Loan Party or any Subsidiary of a Loan Party in excess of $5,000,000 7,500,000 or any of the Loan Parties’ ' or any of their its Subsidiaries’ ' assets with a fair market value of $5,000,000 7,500,000 or greater are attached, seized, levied upon or subjected to a writ or distress warrant; or such come within the possession of any receiver, trustee, custodian or assignee for the benefit of creditors and the same is not cured within thirty (30) days thereafter;

Uninsured Losses; Proceedings Against Assets. There shall occur any material uninsured damage to or loss, theft or destruction of any of tangible assets or properties of the any Loan Party or any Subsidiary of a Loan Party in excess of $5,000,000 35,000,000, or any of the Loan Parties’ or any of their Subsidiaries’ assets with a fair market value assets, valued in excess of $5,000,000 or greater 35,000,000, are attached, seized, levied upon or subjected to a writ or distress warrant; or such come outcome within the possession of any receiver, trustee, custodian or assignee for the benefit of creditors and the same is not cured within thirty forty (3045) days thereafter;, in each case as would reasonably be expected to result in a Material Adverse Change; or

Uninsured Losses; Proceedings Against Assets. There shall occur any material uninsured damage to or loss, theft or destruction of any of the assets or properties of the any Loan Party or any Subsidiary of a Loan Party its Subsidiaries in excess of $5,000,000 2,500,000 or the assets of the Borrower or any of the Loan Parties’ or any of their Subsidiaries’ assets with a fair market value of $5,000,000 or greater its Subsidiaries are attached, seized, levied upon or subjected to a writ or distress warrant; or such come within the possession of any receiver, trustee, custodian or assignee for the benefit of creditors and the same is not cured within thirty sixty (3060) days thereafter;

Uninsured Losses; Proceedings Against Assets. There shall occur any material uninsured damage to or loss, theft or destruction of any of assets or properties of the Loan Party Parties or any Subsidiary of a Loan Party their Subsidiaries in excess of $5,000,000 25,000,000, or any other of the Loan Parties’ or any of their Subsidiaries’ assets with a fair market value in excess of $5,000,000 or greater 10,000,000 are attached, seized, levied upon or subjected to a writ or distress warrant; or such come within the possession of any receiver, trustee, custodian or assignee for the benefit of creditors and the same is not cured within thirty (30) days thereafter;