Common use of Business Disruption; Condemnation Clause in Contracts

Business Disruption; Condemnation. There shall occur a cessation of a substantial part of the business of any Loan Party for a period which significantly affects the capacity of such Loan Party to continue its business, on a profitable basis; or any Loan Party shall suffer the loss or revocation of any license or permit now held or hereafter acquired by which is necessary to the continued or lawful operation of such Loan Party's business; or any Loan Party shall be enjoined, restrained or in any way prevented by court, governmental or administrative order from conducting all or any material part of its business affairs; or any material lease or agreement pursuant to which such Loan Party's leases, uses or occupies any Property shall be canceled or terminated prior to the expiration of its stated term and such cancellation or termination materially and adversely affects such Loan Party's capacity to continue business, on a profitable basis; or any part of the Collateral shall be taken through condemnation or the value of such Property shall be impaired through condemnation, and such condemnation or impairment of value could reasonably be expected to have a Material Adverse Effect.

Business Disruption; Condemnation. There shall occur a cessation of a substantial part of the business of any Loan Party for a period which significantly affects the capacity of such Loan Party to continue its business, on a profitable basis; or any Loan Party shall suffer the loss or revocation of any contract, license or permit now held or hereafter acquired by such Loan Party which is necessary to the continued or lawful operation of such Loan Party's businessits business and which loss or revocation could reasonably be expected to have a Material Adverse Effect; or any Loan Party shall be enjoined, restrained or in any way prevented by court, governmental or administrative order from conducting all or any material part of its business affairs; or any material lease or agreement pursuant to which such any Loan Party's Party leases, uses or occupies any Property shall be canceled or terminated prior to the expiration of its stated term and such cancellation or termination materially and adversely affects such Loan Party's capacity could reasonably be expected to continue business, on have a profitable basisMaterial Adverse Effect; or any part of the Collateral shall be taken through condemnation or the value of such Property shall be impaired through condemnation, condemnation and such condemnation or impairment of value could reasonably be expected to have a Material Adverse Effect.

Business Disruption; Condemnation. There shall occur a --------------------------------- cessation of a substantial part of the business of any Loan Party for a period which significantly affects the capacity of such Loan Party to continue its business, on a profitable basis; or any Loan Party shall suffer the loss or revocation of any contract, license or permit now held or hereafter acquired by such Loan Party which is necessary to the continued or lawful operation of such Loan Party's businessits business and which loss or revocation could reasonably be expected to have a Material Adverse Effect; or any Loan Party shall be enjoined, restrained or in any way prevented by court, governmental or administrative order from conducting all or any material part of its business affairs; or any material lease or agreement pursuant to which such any Loan Party's Party leases, uses or occupies any Property shall be canceled or terminated prior to the expiration of its stated term and such cancellation or termination materially and adversely affects such Loan Party's capacity could reasonably be expected to continue business, on have a profitable basisMaterial Adverse Effect; or any part of the Collateral shall be taken through condemnation or the value of such Property shall be impaired through condemnation, condemnation and such condemnation or impairment of value could reasonably be expected to have a Material Adverse Effect.

Business Disruption; Condemnation. There shall occur a cessation of a substantial part of the business of any Loan Party for a period which significantly affects the capacity of such Loan Party may be reasonably expected to continue its business, on have a profitable basisMaterial Adverse Effect; or any Loan Party shall suffer the loss or revocation of any license or permit now held or hereafter acquired by such Loan Party which is necessary to the continued or lawful operation of any material portion of its business, except for any such Loan Party's businessloss or revocation that does not have a Material Adverse Effect; or any Loan Party shall be enjoined, restrained or in any way prevented by court, governmental or administrative order from conducting all or any material part of its business affairs; or any material lease or agreement pursuant to which such any Loan Party's leases, uses Party leases or occupies any Property premises on which any Collateral is located shall be canceled cancelled or terminated prior to the expiration of its stated term terms and such cancellation or termination materially and adversely affects such Loan Party's capacity to continue business, on has a profitable basisMaterial Adverse Effect; or any material part of the Collateral shall be taken through condemnation or the value of such Property shall be materially impaired through condemnation, and such condemnation or impairment of value could reasonably be expected to have a Material Adverse Effect.; or