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.
Appears in 13 contracts
Samples: Revolving Credit Facility Agreement (Karooooo Ltd.), Facility Agreement (Century Aluminum Co), Revolving Credit Facility Agreement (Net 1 Ueps Technologies Inc)
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 businessbusiness where such suspension or cessation is reasonably likely to have a Material Adverse Effect.
Appears in 9 contracts
Samples: Senior Facilities Agreement (Luxfer Holdings PLC), Note Purchase Agreement (Luxfer Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC)
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 businessbusiness except as a result of a Permitted Disposal or a Permitted Transaction.
Appears in 7 contracts
Samples: Syndicated Facility Agreement (Metals Acquisition LTD), Syndicated Facility Agreement (Metals Acquisition Corp), Amendment and Restatement Agreement (Genesco Inc)
Cessation of Business. Any member of the Group Member suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its businessbusiness or ceases to be in good standing (if applicable).
Appears in 6 contracts
Samples: Facility Agreement (Zhongpin Inc.), Facility Agreement (Fushi Copperweld, Inc.), Facility Agreement (China TransInfo Technology Corp.)
Cessation of Business. Any Obligor or other 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 businessbusiness and such event has or would reasonably be expected to have a Material Adverse Effect.
Appears in 5 contracts
Samples: Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)
Cessation of Business. Any member of the Group which is a Material Company 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 4 contracts
Samples: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)
Cessation of Business. Any member of the Group Member 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 (Cool Co Ltd.), Facility Agreement (Cool Co Ltd.), Facility Agreement (DryShips Inc.)
Cessation of Business. Any member of the Group 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 3 contracts
Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC), Senior Secured Credit Facility Agreement (Seadrill Partners LLC)
Cessation of Business. Any member of the Group Group, any Obligor or any other Security Provider 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 2 contracts
Samples: Facilities Agreement (Lesaka Technologies Inc), Loan Agreement (Net 1 Ueps Technologies Inc)
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 businessbusiness except as a result of the MAC Merger, a Permitted Disposal or a Permitted Transaction.
Appears in 2 contracts
Samples: Loan Note Subscription Agreement (Metals Acquisition LTD), Loan Note Subscription Agreement (Metals Acquisition Corp)
Cessation of Business. Any member of the A Group Member suspends or ceases to carry on (or threatens to suspend or cease cease) to carry on) all or a material part of on its business, where such suspension or cessation having a Material Adverse Effect.
Appears in 2 contracts
Samples: Multicurrency Guarantee Facility Agreement (Acergy S.A.), Multicurrency Revolving Credit and Guarantee Facility Agreement (Acergy S.A.)
Cessation of Business. Any A member of the Group suspends ceases, or ceases threatens to cease, to carry on (or threatens to suspend or cease to carry on) all or a material substantial part of its business.
Appears in 2 contracts
Samples: Agreement for the Acquisition of the Entire Issued Share Capital (Hutchison Telecommunications International LTD), Revolving Advance and Letter of Credit Facility (Independent Energy Holdings PLC)
Cessation of Business. Any member of the The Group (taken as a whole) 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 otherwise permitted by this Agreement.
Appears in 2 contracts
Samples: Facility Agreement (Randgold Resources LTD), Facility Agreement (Randgold Resources LTD)
Cessation of Business. Any member of the The Group taken as a whole 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 2 contracts
Samples: Senior Facilities Agreement (NDS Group PLC), Mezzanine Facility Agreement (NDS Group PLC)
Cessation of Business. Any member of the Group 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 2 contracts
Samples: Term Loan Facility (Dorian LPG Ltd.), Term Loan Facility (Dorian LPG Ltd.)
Cessation of Business. Any member of the 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.
Appears in 2 contracts
Samples: Convertible Note Purchase Agreement (New Ruipeng Pet Group Inc.), Facility Agreement (WABCO Holdings Inc.)
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 businessbusiness where this might reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Syndication and Amendment Agreement (Igate Corp), Facilities Agreement (Igate Corp)
Cessation of Business. Any member of the The Group suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its respective business.
Appears in 1 contract
Samples: Senior Facilities Agreement (Net 1 Ueps Technologies Inc)
Cessation of Business. Any member of the Group Member suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its businessbusiness or ceases to be in good standing (if applicable), except for suspension or cessation of business pursuant to a Permitted Dissolution.
Appears in 1 contract
Samples: Facilities Agreement (3SBio Inc.)
Cessation of Business. Any Obligor or any member of the Group 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 1 contract
Samples: Facility Agreement (China Shandong Industries, Inc.)
Cessation of Business. Any member of the The Group (taken as a whole) 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: Term and Revolving Facilities Agreement (ShangPharma Corp)
Cessation of Business. Any member of the Restricted Group Member ceases or suspends or ceases to carry on (or threatens to cease or suspend or cease to carry on) all or a material part substantial portion of its business.
Appears in 1 contract
Samples: Credit Agreement (MDC Partners Inc)
Cessation of Business. Any A member of the Wider Group 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: Revolving Credit Facility Agreement (Lesaka Technologies Inc)
Cessation of Business. Any Obligor or other 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, unless otherwise permitted by this Agreement.
Appears in 1 contract
Samples: Super Senior Revolving Facility Agreement (Orion Engineered Carbons S.a r.l.)
Cessation of Business. Any member of the The Group suspends or ceases 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: Credit Agreement (Genpact LTD)
Cessation of Business. Any member of the The Group (taken as a whole) 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: Multicurrency Revolving Facility Agreement (Endava PLC)
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 businessbusiness except as a result of a Permitted Disposal.
Appears in 1 contract
Samples: Amendment and Restatement Agreement (Sunrise Senior Living Inc)
Cessation of Business. Any An Obligor or other 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 businessbusiness or of the business of the Group taken as a whole.
Appears in 1 contract
Samples: Facility Agreement (VNG LTD)
Cessation of Business. Any In the reasonable opinion of the Lender, 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 businessbusiness or the Project except as a result of a Permitted Disposal or a Permitted Transaction.
Appears in 1 contract
Cessation of Business. Any A member of the Group suspends ceases, or ceases threatens to cease, to carry on (or threatens to suspend or cease to carry on) all all, or a material part of its business.
Appears in 1 contract
Samples: Revolving Credit Agreement (Rentokil Initial PLC /Fi)
Cessation of Business. Any member of the Obligor or other Group Member suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its businessbusiness or ceases to be in good standing (if applicable).
Appears in 1 contract
Samples: Facility Agreement (Guoren Industrial Developments LTD)
Cessation of Business. Any member of the A Group Member suspends or ceases to carry on (or threatens to suspend or cease cease) to carry on) all or a material part of on its business, where such suspension or cessation has a Material Adverse Effect.
Appears in 1 contract
Samples: Multicurrency Revolving Credit and Guarantee Facility Agreement (Subsea 7 S.A.)
Cessation of Business. Any An Obligor or any other 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 businessbusiness or of the business of the Group taken as a whole.
Appears in 1 contract
Samples: Facility Agreement
Cessation of Business. Any Obligor or any other 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.
Appears in 1 contract
Samples: Term Facility Agreement (Tongjitang Chinese Medicines Co)
Cessation of Business. Any A member of the Group suspends or ceases to carry on (suspends, ceases, or threatens to suspend or cease cease, to carry on) on all or a material substantial part of its businessbusiness or to change the nature of its business from that undertaken at the date of this Agreement except:
(a) as part of a Permitted Reorganisation; or
(b) as a result of any disposal allowed under this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Merix Corp)
Cessation of Business. Any member of the The Group 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 not prohibited by this Agreement.
Appears in 1 contract
Samples: Facility Agreement
Cessation of Business. Any member of the Group suspends ceases, or ceases threatens to cease, to carry on (or threatens to suspend or cease to carry on) all or a material substantial part of its businessbusiness other than a member of the Group whose business is not substantial in the context of the business of the Company or the Group as a whole.
Appears in 1 contract
Samples: Multicurrency Revolving Credit Facility (Securitas Ab)
Cessation of Business. Any member of the The Group (taken as a whole) suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its businessbusiness as it is generally being conducted as at the Closing Date.
Appears in 1 contract
Cessation of Business. Any member of the The Group suspends or ceases to carry on (or threatens to suspend or cease to carry on) its business or substantially all or a material part of its businessbusiness as it is generally being conducted as at the Initial Closing Date.
Appears in 1 contract
Samples: Subscription Agreement (Radius Global Infrastructure, Inc.)
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 businessbusiness except as a result of a Permitted Disposal or a Permitted Transaction (provided that, in the case of members of the Group which are not Borrowers, it has a Material Adverse Effect).
Appears in 1 contract
Samples: Facilities Agreement (Central European Distribution Corp)
Cessation of Business. Any member of the A Group Member suspends or ceases 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
