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.
Appears in 37 contracts
Samples: Facility Agreement (Navigator Holdings Ltd.), Uncommitted Borrowing Base Facility Agreement (Hafnia LTD), Term Loan Facility (United Maritime Corp)
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 businessbusiness or of the business of the Group taken as a whole.
Appears in 13 contracts
Samples: Facility Agreement, Facility Agreement (Pacific Alliance Group LTD), Term Loan Facility Agreement (GDS Holdings LTD)
Cessation of Business. Any Obligor suspends or ceases to carry on (or threatens to suspend or cease ceases to carry on) all or a material part of its business.
Appears in 12 contracts
Samples: Term and Accordion Facilities Agreement (Ardmore Shipping Corp), Loan Agreement (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)
Cessation of Business. Any Transaction Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business.
Appears in 11 contracts
Samples: Facility Agreement (Global Ship Lease, Inc.), Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)
Cessation of Business. Any An Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business.
Appears in 7 contracts
Samples: Amendment and Restatement Agreement (DHT Holdings, Inc.), Senior Secured Revolving Loan Facility Agreement (DHT Holdings, Inc.), Term Loan Facilities Agreement (DHT Holdings, Inc.)
Cessation of Business. Any An Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business.
Appears in 5 contracts
Samples: Term Loan Facility Agreement (Gran Tierra Energy Inc.), Term Loan Facility Agreement, Term Facility Agreement (Rockley Photonics Holdings LTD)
Cessation of Business. Any An Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business or there is a material change in the business of any Obligor's business.
Appears in 4 contracts
Samples: Bareboat Charter (DryShips Inc.), Bareboat Charter (DryShips Inc.), Bareboat Charter (DryShips Inc.)
Cessation of Business. Any An Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its businessbusiness or of the business of the Group taken as a whole.
Appears in 4 contracts
Samples: Facility Agreement (Daqo New Energy Corp.), Facility Agreement, Term Loan Facility Agreement (Solar Power, Inc.)
Cessation of Business. Any An Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of on its business.
Appears in 4 contracts
Samples: Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.), Facility Agreement (Seanergy Maritime Holdings Corp.)
Cessation of Business. Any Obligor of the Obligors suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business.
Appears in 4 contracts
Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.), Facility Agreement (Nordic American Offshore Ltd.)
Cessation of Business. Any Obligor suspends (whether by one or a series of transactions) suspends, changes or ceases to carry on (or threatens to suspend suspend, change or cease to carry on) all or a material part of its business.
Appears in 4 contracts
Samples: China Eca Facility Framework Agreement (Seadrill Partners LLC), Term Loan and Revolving Credit Facilities Agreement (Seadrill Partners LLC), Senior Secured Credit Facility Agreement (Seadrill Partners LLC)
Cessation of Business. Any Obligor suspends or ceases to carry on (or threatens to suspend or cease cease) to carry on) on all or a material part of its businessbusiness except as part of a Permitted Merger, Permitted Transaction or a Permitted Disposal.
Appears in 3 contracts
Samples: Amendment and Restatement Agreement (Rockwood Holdings, Inc.), Facility Agreement (Rockwood Specialties Group Inc), Facility Agreement (Rockwood Specialties Group Inc)
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 substantially all of its business.
Appears in 2 contracts
Samples: Multicurrency Facility Agreement (Gulfmark Offshore Inc), Facility Agreement (Gulfmark Offshore Inc)
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 businessbusiness except as part of a disposal which is expressly permitted pursuant to Clause 21.4 (DisposaIs).
Appears in 2 contracts
Samples: Facility Agreement (Synnex Corp), Facility Agreement (Synnex Corp)
Cessation of Business. Any Either Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its businessbusiness or of the business of the Group taken as a whole.
Appears in 2 contracts
Samples: Loan Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD)
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 businessbusiness other than as approved pursuant to this Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Dorian LPG Ltd.), Loan Agreement (Dorian LPG Ltd.)
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 businessbusiness as conducted at the date of this Agreement.
Appears in 2 contracts
Samples: Multipurpose Facilities Agreement (SunOpta Inc.), Multipurpose Facilities Agreement (SunOpta Inc.)
Cessation of Business. Any Either Obligor suspends or threatens to suspend or ceases to carry on (or threatens to suspend or cease to carry on) on all or a material substantial part of its businessthe business in which it is engaged as of the date of this Agreement.
Appears in 2 contracts
Samples: Facility Agreement, Facility Agreement (McDermott International Inc)
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 businessbusiness or materially change their business (whether by one or a series of transactions).
Appears in 2 contracts
Samples: Senior Secured Credit Facilities Agreement, Senior Secured Credit Facilities Agreement (KNOT Offshore Partners LP)
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 businesscore business activities.
Appears in 2 contracts
Samples: Syndicated Facility Agreement (HeadHunter Group PLC), Amendment Agreement No. 5 to Syndicated Facility Agreement (HeadHunter Group PLC)
Cessation of Business. Any an Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part substantially all of its business.;
Appears in 2 contracts
Samples: Debenture Deed, Debenture Deed
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 businessbusiness which it undertakes at the First Utilisation Date.
Appears in 2 contracts
Samples: Term and Revolving Credit Facilities Agreement (Sibanye Gold LTD), Term and Revolving Credit Facilities Agreement (Sibanye Gold LTD)
Cessation of Business. Any Obligor suspends or ceases to carry on (its business or threatens to suspend or cease to carry on) all or a material part of its businessdo so.
Appears in 2 contracts
Samples: Facility Agreement (Avolon Holdings LTD), Facility Agreement (Avolon Holdings LTD)
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 businessbusiness which it undertakes at the Signature Date.
Appears in 2 contracts
Samples: Term and Revolving Credit Facilities Agreement, Term and Revolving Credit Facilities Agreement (Sibanye Gold LTD)
Cessation of Business. Any Obligor suspends or ceases to carry on (or threatens to suspend or cease cease) to carry on) on all or a material part of its business.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (Mechel OAO), Amendment and Restatement Agreement (Mechel OAO)
Cessation of Business. Any An Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business or there is a material change in the business of any Obligor’ s business.
Appears in 1 contract
Samples: Bareboat Charter (DryShips Inc.)
Cessation of Business. Any Obligor suspends suspends, ceases, or ceases threatens or proposes to suspend or cease, to carry on (or threatens to suspend or cease to carry on) all or a material substantial part of its business.
Appears in 1 contract
Samples: Facility Agreement (Atmel Corp)
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.. 163 UK-#396550026-v7
Appears in 1 contract
Cessation of Business. Any Obligor ceases, suspends or ceases to carry on (or threatens to cease or suspend or cease to carry on) all or a material substantial part of its businessbusinesses or operations.
Appears in 1 contract
Samples: Credit Agreement (Cognos Inc)
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 businessbusiness as at the Closing Date and such cessation has or would reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Loan Agreement
Cessation of Business. Any any Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part substantially all of its business.;
Appears in 1 contract
Samples: Debenture Deed
Cessation of Business. Any Obligor suspends (whether by one or a series of transactions) suspends, or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business.
Appears in 1 contract
Samples: Senior Secured Credit Facility Agreement (North Atlantic Drilling Ltd.)
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 businessbusiness except as a result of a Permitted Disposal or a Permitted Transaction.
Appears in 1 contract
Samples: Amendment and Restatement Agreement (Claires Stores Inc)
Cessation of Business. Any Obligor suspends or suspends, ceases to carry on (or threatens to suspend or cease to carry on) on all or a material substantial part of its business.
Appears in 1 contract
Cessation of Business. Any any Corporate Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part substantially all of its business.;
Appears in 1 contract
Samples: Debenture Deed
Cessation of Business. Any any Obligor suspends or ceases to carry on (or threatens to suspend or cease 17.1.10 to carry on) all or a material part substantially all of its business.;
Appears in 1 contract
Samples: Debenture Deed
Cessation of Business. Any any Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part substantially all of its business.
Appears in 1 contract
Samples: Debenture Deed
Cessation of Business. Any Obligor suspends or ceases (or threatens in writing to suspend or cease) to carry on (or threatens to suspend or cease to carry on) all or a material part of its business or to change the nature of its business, in each case from that undertaken at the date of this Agreement.
Appears in 1 contract
Cessation of Business. Any an Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part substantially all of its business., for the purposes of reorganisation on terms previously approved in writing by the Agent or by an Ordinary Resolution;
Appears in 1 contract
Samples: Debenture Deed
Cessation of Business. Any Obligor of the Obligors suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material substantial part of its business, or otherwise substantially changes the general nature of its business.
Appears in 1 contract
Samples: Term Loan Facility (Flex LNG Ltd.)
Cessation of Business. Any Obligor suspends or ceases to carry on (or threatens to suspend or cease ceases to carry on) all or a material part of its business.. 132 EUROPE/73091764v9
Appears in 1 contract
Samples: Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)
Cessation of Business. Any Obligor suspends or ceases to carry on (or threatens to suspend or cease cease) to carry on) on all or a material part of its businessbusiness except as part of a Permitted Transaction or a Permitted Disposal.
Appears in 1 contract
Cessation of Business. Any An Obligor suspends or ceases to carry on (or threatens to suspend suspense or cease to carry on) all or a material part of its business.
Appears in 1 contract
Samples: Term Loan Facility Agreement (KNOT Offshore Partners LP)
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.. 93954-4-1-v3.0 -68- 70-40529536
Appears in 1 contract
Samples: Facility Agreement (Midamerican Energy Holdings Co /New/)
Cessation of Business. Any Obligor suspends or ceases to carry on (or threatens to suspend or cease cease) to carry on) on all or a material part of its businessbusiness except as a result of the Agreed Reorganisation.
Appears in 1 contract
Cessation of Business. Any An Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its businessbusiness except as a result of any disposal allowed under this Agreement.
Appears in 1 contract
Samples: Mezzanine Facility Agreement (American Realty Capital Global Trust II, Inc.)
Cessation of Business. Any Obligor suspends or ceases to carry on (or threatens in writing to suspend or cease cease, to carry on) all or a material part of its business.
Appears in 1 contract
Samples: Master Agreement (Chemtura CORP)
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 on its business.
Appears in 1 contract
Samples: Bareboat Charter Amendment (Pangaea Logistics Solutions Ltd.)
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 businessbusiness which has or is reasonably likely to have a Material Adverse Effect.
Appears in 1 contract
Samples: Facility Agreement
