Common use of Uninsured Losses Clause in Contracts

Uninsured Losses. Any loss, theft, damage or destruction of any of Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,000.

Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,0001,000,000; provided, however, the foregoing shall not constitute an Event of Default so long as Borrowers as of the date of the occurrence of any such uninsured loss have Liquidity in an amount at least equal to 20% of the aggregate Commitments plus the amount of such uninsured loss.

Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as the Administrative Agent shall have permitted) by insurance if the aggregate amount not covered by insurance exceeds $2,500,000.1,000,000 in any Fiscal Year; or

Uninsured Losses. Any lossloss (other than a loss relating to an Account), theft, damage or destruction of any of the Collateral not fully covered by insurance (subject to such customary deductibles as Agent shall have permitted) by insurance if the aggregate amount of such loss that is not covered by insurance exceeds $2,500,0002,000,000; provided, that the occurrence of any such loss shall not constitute an Event of Default if the Agent has determined, in its reasonable discretion, that Borrower, after giving effect to the destruction of such Collateral, has adequate Borrowing Availability.

Uninsured Losses. Any material loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if insurance, or a sale, lease or encumbrance of any Collateral or the amount not covered making of a levy, seizure, or attachment thereof or thereon in excess of $1,000,000 except in all cases as may be specifically permitted by insurance exceeds $2,500,000other provisions of this Agreement.

Uninsured Losses. Any loss, theft, damage or destruction of any of the Collateral not fully covered (subject to such deductibles as Agent shall have permitted) by insurance if the amount not covered by insurance exceeds $2,500,0001,000,000; provided, however, the foregoing shall not constitute an Event of Default so long as Borrowers as of the date of the occurrence of any such uninsured loss have Liquidity in an amount at least equal to $20,000,000 plus the amount of such uninsured loss.