Common use of Cease to Carry on Business Clause in Contracts

Cease to Carry on Business. if the Borrower or any Material Subsidiary ceases to carry on business, except in the case of Material Subsidiaries, in compliance with the Documents;

Appears in 2 contracts

Samples: Credit Agreement (Trident Resources Corp), Credit Agreement (Pacific Energy Partners Lp)

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Cease to Carry on Business. if the Borrower or any Material Subsidiary ceases to carry on businessbusiness (except, except in the case of Material Subsidiaries, in compliance with the Loan Documents);

Appears in 2 contracts

Samples: Credit Agreement (Trident Resources Corp), Credit Agreement (Trident Resources Corp)

Cease to Carry on Business. if Xxxxxx, the Borrower or any Material Subsidiary ceases to carry on business, except in the case of Material Subsidiaries, Subsidiaries in compliance with the Documents;

Appears in 1 contract

Samples: Credit Agreement (Powell Industries Inc)

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Cease to Carry on Business. if Xxxxxx, the Borrower or any Material Subsidiary ceases to carry on carryon business, except in the case of Material Subsidiaries, Subsidiaries in compliance with the Documents;

Appears in 1 contract

Samples: Credit Agreement (Powell Industries Inc)

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