Example ContractsClausesCommercial Tort Claims
Commercial Tort Claims
Commercial Tort Claims contract clause examples

Commercial Tort Claims. If Grantor at any time holds or acquires a Commercial Tort Claim in an aggregate amount in excess of $250,000, Grantor shall # promptly forward to Secured Party written notification of any and all Commercial Tort Claims, including any and all actions, suits and proceedings before any court or Governmental Authority by or affecting Grantor; and # execute and deliver such statements, Documents and notices and do and cause to be done all such things as may be required by Secured Party, or required by law, including all things which may from time to time be necessary under the UCC to fully create, preserve, perfect and protect the priority of Secured Party’s security interest in any Commercial Tort Claims.

Commercial Tort Claims. If any Grantor determines at any time that it holds or has acquired a Commercial Tort Claim in an amount reasonably estimated to exceed $10,000,000, the Grantor shall, promptly after making such determination, notify the [[Administrative Agent:Organization]] thereof in a writing signed by such Grantor, including a summary description of such claim, and grant to the [[Administrative Agent:Organization]] in such writing a security interest therein and in the Proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to the [[Administrative Agent:Organization]].

Commercial Tort Claims. Attached hereto as [Schedule 11] is a true and correct list of commercial tort claims held by any Grantor in which it reasonably expects to recover an amount greater than $10,000,000, including a brief description thereof

Commercial Tort Claims. If Borrower shall at any time hold or acquire Collateral comprised of one or more commercial tort claims with an aggregate reasonably anticipated value in excess of $50,000.00, Borrower shall promptly notify Lender in a writing signed by Borrower of the particulars thereof and grant to Lender in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance satisfactory to Lender in good faith;

Commercial Tort Claims. No Borrower has any commercial tort claims with a potential value in excess of $500,000 except as set forth on [Schedule 5.25] hereto.

Commercial Tort Claims. No Credit Party has any commercial tort claims for which such claim has been asserted in judicial proceedings, mediation, arbitration or other formal or informal dispute resolution forums and for which the amount of damages sought exceeds $500,000 except as set forth on [Schedule 5.25] hereto.

Commercial Tort Claims. Set forth on [Schedule 5.21(e)], as of the Closing Date and as of the last date such [Schedule 5.21(e)] was required to be updated in accordance with Sections 6.13 and 6.144], is a description of each Commercial Tort Claim (as defined in the UCC) of the Loan Parties in an individual amount in excess of $1,000,000 (detailing such Commercial Tort Claim in such detail as reasonably requested by the Administrative Agent).

Commercial Tort Claims. Except as set forth in [Schedule 11] hereto, [Schedule 11] of the Prior Perfection Certificate sets forth a true and correct list of commercial tort claims held by any Grantor in which it reasonably expects to recover an amount greater than $10,000,000, including a brief description thereof.

Commercial Tort Claims. Borrower shall promptly notify Lender should Borrower obtain any “Commercial Tort Claim” (as defined in the Code) and take such steps as shall be requested by Lender to further evidence and perfect Lender’s security interest in the same.

Commercial Tort Claims. No Loan Party has any commercial tort claims except as set forth on [Schedule 5.23] hereto (as such Schedule may be updated from time to time in accordance with this Agreement).

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