Cessation of Business Sample Clauses

Cessation of Business. Any Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business.
AutoNDA by SimpleDocs
Cessation of Business. Except as otherwise expressly permitted hereunder, any Loan Party shall take any action to suspend the operation of its business in the ordinary course, liquidate all or a material portion of its assets or Store locations, or employ an agent or other third party to conduct a program of closings, liquidations or “Going-Out-Of-Business” sales of any material portion of its business; or
Cessation of Business. Any member of the Group suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business.
Cessation of Business. Any Loan Party or Subsidiary of a Loan Party ceases to conduct its business as contemplated, except as expressly permitted under Section 8.2.6 [Liquidations, Mergers, Etc.] or 8.2.7, or any Loan Party or Subsidiary of a Loan Party is enjoined, restrained or in any way prevented by court order from conducting all or any material part of its business and such injunction, restraint or other preventive order is not dismissed within thirty (30) days after the entry thereof;
Cessation of Business. The Borrower suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business.
Cessation of Business. Subject to Section 10.02, any member of the NCLC Group shall cease to carry on all or a substantial part of its business; or
Cessation of Business any Security Party suspends or ceases or threatens to suspend or cease to carry on its business; or
AutoNDA by SimpleDocs
Cessation of Business any Security Party suspends or ceases or threatens to suspend or cease to carry on its business without the prior written consent of the Agent, such consent not to be unreasonably withheld; or
Cessation of Business. A Material Group Member ceases, or threatens to cease, to carry on business except: (a) as part of a Permitted Transaction; or (b) as a result of any disposal allowed under this Agreement.
Cessation of Business. If COMPANY ceases to carry on its business related to this Agreement, M.I.T. shall have the right to terminate this Agreement immediately upon written notice to COMPANY.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!