Common use of Casualties Clause in Contracts

Casualties. Neither the business nor the properties of Borrower or any Subsidiary are affected by any environmental hazard, fire, explosion, accident, strike, lockout, or other labor dispute, drought, storm, hail, earthquake, embargo, act of God, or other casualty (whether or not covered by insurance), which could reasonably be expected to cause a Material Adverse Change.

Appears in 4 contracts

Samples: Credit Agreement (Tandy Brands Accessories Inc), Credit Agreement (Tandy Brands Accessories Inc), Revolving Credit Agreement (Tandy Brands Accessories Inc)

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Casualties. (a) Neither the business nor the properties of Borrower or any Subsidiary are is currently affected by any environmental hazard, fire, explosion, accident, strike, lockout, lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God, God or other casualty (whether or not covered by insurance), which could reasonably be expected to cause have a Material Adverse ChangeEffect.

Appears in 3 contracts

Samples: Convertible Debenture Loan Agreement (Packaging Research Corp), Convertible Loan Agreement (Integrated Security Systems Inc), Convertible Debenture Loan Agreement (Topro Inc)

Casualties. Neither the business nor the properties of Borrower or any Subsidiary are currently affected by any environmental hazard, fire, explosion, accident, strike, lockout, lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God, God or other casualty (whether or not covered by insurance), which could reasonably be expected to cause have a Material Adverse ChangeEffect.

Appears in 2 contracts

Samples: Loan Agreement (Eateries Inc), Credit Agreement (GMX Resources Inc)

Casualties. Neither the business nor the properties of Borrower or any Subsidiary are is affected by any environmental hazard, fire, explosion, accident, strike, lockout, or other labor dispute, drought, storm, hail, earthquake, embargo, act of God, God or of the public enemy or other casualty Casualty Loss (whether or not covered by insurance), ) which could reasonably be expected to cause have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Financing Agreement (Vari Lite International Inc)

Casualties. Neither the business nor the properties of Borrower or any Subsidiary are is currently affected by any environmental hazard, fire, explosion, accident, strike, lockout, lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God, God or other casualty (whether or not covered by insurance), which could reasonably be expected to cause would have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Convertible Loan Agreement (Play by Play Toys & Novelties Inc)

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Casualties. Neither the business nor the properties of Borrower or any Subsidiary are is currently affected by any environmental hazard, fire, explosion, accident, strike, lockout, lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God, God or other casualty (whether or not covered by insurance), which could reasonably be expected to cause a Material Adverse Change.

Appears in 1 contract

Samples: Loan Agreement (Lifequest Medical Inc)

Casualties. Neither the business businesses nor the properties of the Borrower or any Subsidiary of its Subsidiaries are affected by any environmental hazard, fire, explosion, accident, strike, lockout, lockout or other material labor dispute, drought, storm, hail, earthquake, embargo, act of God, God or of the public enemy or other casualty (whether or not covered by insurance), which could reasonably be expected to cause ) that would have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Foundation Health Systems Inc)

Casualties. Neither the business nor the properties of Borrower or any Subsidiary are is currently affected by any environmental hazard, fire, explosion, accident, strike, lockout, lockout or other labor dispute, drought, stormstorms, hail, earthquake, embargo, act of God, God or other casualty (whether or not covered by insurance), which could reasonably be expected to cause have a Material Adverse ChangeEffect upon Borrower or any Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (SBS Technologies Inc)

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