Common use of No Material Loss Clause in Contracts

No Material Loss. Since December 31, 2002, neither the Company nor any of its subsidiaries has sustained any material loss or interference with its business from fire, explosion, flood or other calamity, whether or not covered by insurance, or from any labor dispute or court or governmental action, order or decree.

Appears in 3 contracts

Sources: Redemption and Exchange Agreement (Electric City Corp), Redemption and Exchange Agreement (Leaf Mountain Co LLC), Redemption and Exchange Agreement (Cinergy Corp)