Common use of Notice of Diminution of Value Clause in Contracts

Notice of Diminution of Value. Thermisol Finland Oy ----------------------------- shall give prompt notice to the Agent of any matter or event which has resulted in, or may result in, the actual or potential diminution in value of any of its Collateral other than diminutions which are insignificant in amount.

Appears in 1 contract

Sources: Security Agreement (Radnor Holdings Corp)

Notice of Diminution of Value. Thermisol Styrochem Finland Oy ----------------------------- shall give prompt notice to the Agent of any matter or event which has resulted in, or may result in, the actual or potential diminution in value of any of its Collateral other than diminutions which are insignificant in amount.

Appears in 1 contract

Sources: Security Agreement (Radnor Holdings Corp)