Common use of Business Interruptions Clause in Contracts

Business Interruptions. Within five years prior to the date hereof, neither the business, property or assets, or operations of Borrower has been adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America or other Governmental Authority, directed against Borrower. There are no pending or threatened labor disputes, strikes, lockouts, or similar occurrences or grievances against Borrower or its business.

Appears in 6 contracts

Samples: Loan and Security Agreement (National Diagnostics Inc), Loan and Security Agreement (Numed Home Health Care Inc), Loan and Security Agreement (Raintree Healthcare Corp)

AutoNDA by SimpleDocs

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, property or assets, or Collateral nor operations of any Borrower has have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America America, or other Governmental Authorityany state or local government, or any political subdivision or agency thereof, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts, lockouts or similar occurrences or grievances against Borrower or its businessthe business being operated by Borrowers.

Appears in 5 contracts

Samples: Loan and Security Agreement (Adage Inc), Loan and Security Agreement (MRC Group), Loan and Security Agreement (National Media Corp)

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, property or assets, or Collateral nor operations of Borrower has have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America America, or other Governmental Authorityany state or local government, or any political subdivision or agency thereof, directed against Borrower. There are no pending or threatened labor disputes, strikes, lockouts, lockouts or similar occurrences or grievances against Borrower or its businessthe business being operated by Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Consolidated Stainless Inc), Loan and Security Agreement (Consolidated Stainless Inc)

Business Interruptions. Within five years prior to the date hereof, neither the business, property or assets, or operations of Borrower has been materially adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America or other Governmental Authority, directed against Borrower. There are no pending or or, to the Borrower's knowledge, threatened labor disputes, strikes, lockouts, or similar occurrences or grievances against Borrower or its business.

Appears in 1 contract

Samples: Loan and Security Agreement (BMJ Medical Management Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither the businessBusiness, property or assets, or Collateral nor operations of Borrower has been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America States, or other Governmental Authorityany state or local government, or any political subdivision or agency thereof, directed against Borrower. There are no pending or threatened material labor disputes, strikes, lockouts, lockouts or similar occurrences or grievances against Borrower or its businessthe business being operated by Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Access Worldwide Communications Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither none of the business, property or assets, Property or operations of any Borrower has have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America America, or other Governmental Authorityany state or local government, or any political subdivision or agency thereof, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts, lockouts or similar occurrences or grievances against Borrower or its businessaffecting the business being operated by any Borrower.

Appears in 1 contract

Samples: Senior Loan and Security Agreement (Interpool Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, property or assets, or Collateral nor operations of Borrower has or its Affiliates have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America or other Governmental Authorityany state or local government, or any political subdivision or agency thereof, directed against Borrower. There are no pending or threatened labor disputes, strikes, lockouts, lockouts or similar occurrences or grievances against the business being operated by Borrower or its businessAffiliates.

Appears in 1 contract

Samples: Credit and Security Agreement (Gse Systems Inc)

Business Interruptions. Within five years prior to the date ---------------------------------------- hereof, neither the business, property or assets, or operations of Borrower has been adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America or other Governmental Authority, directed against Borrower. There are no pending or threatened labor disputes, strikes, lockouts, or similar occurrences or grievances against Borrower or its business.

Appears in 1 contract

Samples: Loan and Security Agreement (International Nursing Services Inc)

Business Interruptions. Within five years prior to the date hereof, neither the business, property or 39 assets, or operations of Borrower has been adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America or other Governmental Authority, directed against Borrower. There To Borrower's knowledge, there are no pending or threatened labor disputes, strikes, lockouts, or similar occurrences or grievances against Borrower or its business which could reasonably be expected to have a material adverse effect on the business, assets or financial condition of the Borrower taken as a whole.

Appears in 1 contract

Samples: Loan and Security Agreement (Balanced Care Corp)

Business Interruptions. Within Except as described on Schedule 4.20, within five years prior to before the date hereofof this Agreement, neither the business, property or assets, or operations of Borrower has been adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America or other Governmental Authority, directed against Borrower. There are no pending or overtly threatened labor disputes, strikes, lockouts, or similar occurrences or grievances against Borrower or its business.

Appears in 1 contract

Samples: Loan and Security Agreement (Correctional Services Corp)

Business Interruptions. Within five years prior to the date hereof, neither the business, property or assets, or operations of Borrower has been adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of OF America or other Governmental Authority, directed against Borrower. There are no pending or threatened labor disputes, strikes, lockouts, or similar occurrences or grievances against Borrower or its business.

Appears in 1 contract

Samples: Loan and Security Agreement (Medical Asset Management Inc)

AutoNDA by SimpleDocs

Business Interruptions. Within five (5) years prior to the date hereof, neither none of the business, property or assets, Property or operations of Borrower has have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America America, or other Governmental Authorityany state or local government, or any political subdivision or agency thereof, directed against Borrower. There are no pending or threatened labor disputes, strikes, lockouts, lockouts or similar occurrences or grievances against Borrower or its businessaffecting the business being operated by Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Qk Healthcare Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, property or assets, properties or operations of any Borrower has have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America or other Governmental Authorityany state, or local government, or any political subdivision or agency thereof, directed against any Borrower. There To any Borrower's knowledge, there are no pending or threatened labor disputes, strikes, lockouts, lockouts or similar occurrences or grievances against Borrower or its business.affecting the business being operated by any Borrower;

Appears in 1 contract

Samples: Loan and Security Agreement (Pia Merchandising Services Inc)

Business Interruptions. Within five years prior to the ---------------------- date hereof, neither none of the businessbusinesses, property properties, or assets, or operations of Borrower has have been materially adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America or other Governmental Authority, directed against Borrower. There are no pending or threatened labor disputes, strikes, lockouts, or similar occurrences or grievances against Borrower or its businessbusiness which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Creditrust Corp)

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, property or assets, or nor operations of the Borrower has have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America America, or other Governmental Authorityany state or local government, or any political subdivision or agency thereof, directed against the Borrower. There To the Borrower's knowledge, there are no pending or threatened labor disputes, strikes, lockouts, lockouts or similar occurrences or grievances against Borrower or its businessthe business being operated by the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Fuel Tech N V)

Business Interruptions. Within five years prior to the ----------------------- date hereof, neither the business, property or assets, or operations of Borrower has been adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America or other Governmental Authority, directed against Borrower. There are no pending or threatened labor disputes, strikes, lockouts, or similar occurrences or grievances against Borrower or its business.

Appears in 1 contract

Samples: Loan and Security Agreement (Healthcor Holdings Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither none of the business, property or assets, Property or operations of Borrower has been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America America, or other Governmental Authorityany state or local government, or any political subdivision or agency thereof, directed against Borrower. There are no pending or or, to Borrower's knowledge, threatened labor disputes, strikes, lockouts, lockouts or similar occurrences or grievances against Borrower or its businessaffecting Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Blonder Tongue Laboratories Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!