Common use of Criminal Forfeiture Clause in Contracts

Criminal Forfeiture. Borrower, any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 16 contracts

Samples: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Black Warrior Wireline Corp)

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Criminal Forfeiture. Any Borrower, any Subsidiary of Borrower its Subsidiaries or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of such Borrower, any such Subsidiary of Borrower or any such Guarantor.

Appears in 5 contracts

Samples: Loan and Security Agreement (Wabash National Corp /De), Loan and Security Agreement (Wabash National Corp /De), Loan and Security Agreement (Wabash National Corp /De)

Criminal Forfeiture. Borrower, Borrower or any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, Borrower or any Subsidiary of Borrower or any GuarantorBorrower.

Appears in 4 contracts

Samples: Loan and Security Agreement (Allied Healthcare Products Inc), Loan and Security Agreement (Bayard Drilling Technologies Inc), Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of any Borrower, any Subsidiary of any Borrower or any Guarantor.

Appears in 4 contracts

Samples: Loan and Security Agreement (Celadon Group Inc), Loan and Security Agreement (Vista 2000 Inc), Term Loan Agreement (United Natural Foods Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any other Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of any Borrower, any Subsidiary of any Borrower or any other Guarantor.

Appears in 3 contracts

Samples: Loan and Security Agreement (Mfri Inc), Loan and Security Agreement (Mfri Inc), Loan and Security Agreement (Mfri Inc)

Criminal Forfeiture. Any Borrower, any Restricted Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material portion (as determined by Agent) of the Property of such Borrower, any such Restricted Subsidiary of Borrower or any such Guarantor.

Appears in 2 contracts

Samples: Loan and Security Agreement (Kinetek Inc), Loan and Security Agreement (Kinetek Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any other Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of such Borrower, any Subsidiary of such Borrower or any other Guarantor.

Appears in 2 contracts

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc), Loan and Security Agreement (D & K Healthcare Resources Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of any Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 2 contracts

Samples: Loan and Security Agreement (Advanced Technical Products Inc), Loan and Security Agreement (Advanced Technical Products Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material Property of any Borrower, any Subsidiary of any Borrower or any Guarantor.

Appears in 2 contracts

Samples: Loan and Security Agreement (Channell Commercial Corp), Loan and Security Agreement (Channell Commercial Corp)

Criminal Forfeiture. Borrower, Borrower or any Subsidiary of Borrower or any other Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, Borrower or any Subsidiary of Borrower or any GuarantorBorrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pw Eagle Inc), Loan and Security Agreement (Pw Eagle Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of such Borrower, any Subsidiary of such Borrower or any Guarantor.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Supply Group Inc), Loan and Security Agreement (Eagle Supply Group Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of Borrower ------------------- or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material Property of such Borrower, any such Subsidiary of Borrower or any such Guarantor.

Appears in 2 contracts

Samples: Loan and Security Agreement (Falcon Products Inc /De/), Loan and Security Agreement (Falcon Products Inc /De/)

Criminal Forfeiture. Borrower, any Subsidiary of Borrower or any Guarantor Parent shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Subsidiary of Borrower or any GuarantorParent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Home Products International Inc), Loan and Security Agreement (Home Products International Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of Borrower Borrowers or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of BorrowerBorrowers, any Subsidiary of Borrower Borrowers or any Guarantor.

Appears in 2 contracts

Samples: Loan and Security Agreement (Restoration Hardware Inc), Loan and Security Agreement (Restoration Hardware Inc)

Criminal Forfeiture. Borrower, any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material portion of the Property of Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 2 contracts

Samples: Credit Agreement (Drypers Corp), Term Loan Agreement (Drypers Corp)

Criminal Forfeiture. Borrower, or any Subsidiary of Borrower or any Guarantor Borrower, shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, or any Subsidiary of Borrower or any GuarantorBorrower.

Appears in 2 contracts

Samples: Equipment Loan Note (Pure World Inc), Loan and Security Agreement (Questron Technology Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property (having a fair market value of $100,000 or more individually or in the aggregate) of any Borrower, any Subsidiary of any Borrower or any Guarantor.; or

Appears in 1 contract

Samples: Credit Agreement (Polyvision Corp)

Criminal Forfeiture. Any Borrower, or any Subsidiary of ------------------- any Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc)

Criminal Forfeiture. Borrower, any Subsidiary of Borrower Guarantor or any Guarantor Material ------------------- Subsidiary shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Subsidiary of Borrower Guarantor or any GuarantorMaterial Subsidiary or that could have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Moore Medical Corp)

Criminal Forfeiture. Borrower, any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Financial Performance Corp)

Criminal Forfeiture. Borrower, Any Borrower or any Subsidiary of any Borrower or any other Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, such Borrower or any Subsidiary of Borrower or any Guarantorsuch Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Pw Eagle Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of Borrower or any ------------------- Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material Property of such Borrower, any such Subsidiary of Borrower or any such Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Falcon Products Inc /De/)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any Guarantor Company shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of any Borrower, any Subsidiary of any Borrower or any GuarantorCompany.

Appears in 1 contract

Samples: Loan and Security Agreement (Eagle Pacific Industries Inc/Mn)

Criminal Forfeiture. Borrower, any Subsidiary of Any Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material Property of Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (CFP Holdings Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of any ------------------- Borrower or any Guarantor Parent shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of any Borrower, any Subsidiary of any Borrower or any GuarantorParent.

Appears in 1 contract

Samples: Loan and Security Agreement (Velocity Express Corp)

Criminal Forfeiture. Either Borrower, any Subsidiary of either Borrower or any other Guarantor shall be criminally indicted or convicted under any criminal law that where such indictment or conviction, as applicable, could lead to a forfeiture of any Property of such Borrower, any such Subsidiary of Borrower or any such Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Anchor Lamina Inc)

Criminal Forfeiture. Borrower, any Subsidiary of Borrower or any Guarantor other Guarantor, or any officer of Borrower, shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property Property, having a value in excess of $50,000, of Borrower, any Subsidiary of Borrower or any other Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Bayou Steel Corp)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any Guarantor shall be criminally indicted or convicted under any law that could reasonably be expected to lead to a forfeiture of any Property of any Borrower, any Subsidiary of any Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Integra Lifesciences Corp)

Criminal Forfeiture. Borrower, Any Borrower or any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, Borrower or any Subsidiary of Borrower or any GuarantorBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Bayard Drilling Technologies Inc)

Criminal Forfeiture. Borrower, Borrower or any Subsidiary of Borrower or any Guarantor ------------------- shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Subsidiary of Borrower or any GuarantorBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Seranova Inc)

Criminal Forfeiture. Parent, Borrower, any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Parent, Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Emtec Inc/Nj)

Criminal Forfeiture. Borrower, any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Subsidiary of Borrower or any Guarantor. Judgments. Any money judgment, writ of attachment or similar process is filed against Borrower, any Subsidiary of Borrower or any Guarantor, or any of their respective Property.

Appears in 1 contract

Samples: Loan and Security Agreement (KVH Industries Inc \De\)

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Criminal Forfeiture. Borrower, any Subsidiary of Borrower or any Guarantor shall be criminally indicted convicted or convicted entered a nolo plea under any law that could lead to a forfeiture of any Property or Real Property of Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Zoom Telephonics Inc)

Criminal Forfeiture. Borrower, any Subsidiary of Borrower or ------------------- any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Woods Equipment Co)

Criminal Forfeiture. Borrower, Borrower or any Subsidiary of Borrower or any other Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, Borrower or any Subsidiary of Borrower or any GuarantorBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Pw Eagle Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any Guarantor Parent shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of any Borrower, any Subsidiary of any Borrower or any GuarantorParent .

Appears in 1 contract

Samples: Loan and Security Agreement (Velocity Express Corp)

Criminal Forfeiture. A Borrower, any a Subsidiary of a Borrower or any Guarantor of their respective senior managers shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material portion of the Property of the Borrowers and a Subsidiary of a Borrower, any Subsidiary of Borrower or any Guarantorif any.

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of Borrower or any other Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property (with a value of $250,000 or more) of any Borrower, any Subsidiary of Borrower or any other Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Rewards Network Inc)

Criminal Forfeiture. Any Borrower, or any Subsidiary of any Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc)

Criminal Forfeiture. Any Borrower, or any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, or any Subsidiary of Borrower or any GuarantorBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Tmci Electronics Inc)

Criminal Forfeiture. Borrower, Borrower or any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, Borrower or any Subsidiary of Borrower or any Guarantorhaving a fair market value exceeding $100,000.

Appears in 1 contract

Samples: Loan and Security Agreement (First Aviation Services Inc)

Criminal Forfeiture. A Borrower, any a Subsidiary of a Borrower ------------------- or any Guarantor of their respective senior managers shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material portion of the Property of a Borrower or a Subsidiary of a Borrower, any Subsidiary of Borrower or any Guarantorif any.

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

Criminal Forfeiture. Borrower, Any Borrower or any Subsidiary of any Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, such Borrower or any Subsidiary of Borrower or any Guarantorsuch Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Gulfside Supply, Inc.)

Criminal Forfeiture. Borrower, any Subsidiary of Borrower ------------------- or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Master Graphics Inc)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any Guarantor other Loan Party shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Subsidiary of Borrower or any Guarantorother Loan Party.

Appears in 1 contract

Samples: Loan Agreement (Katy Industries Inc)

Criminal Forfeiture. Borrower, any Subsidiary of Borrower or any ------------------- Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material Property of Borrower, any Subsidiary of Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Borden Chemicals & Plastics Limited Partnership /De/)

Criminal Forfeiture. Any Borrower, any Subsidiary of any Borrower or any Guarantor Parent shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of any Borrower, any Subsidiary of any Borrower or any GuarantorParent.

Appears in 1 contract

Samples: Loan and Security Agreement (Velocity Express Corp)

Criminal Forfeiture. Any Borrower, any Subsidiary of Borrower or any other Guarantor shall be criminally indicted or convicted under any law (other than misdemeanors not involving any material amount of potentially forfeited Property) that could would reasonably be expected to lead to a forfeiture of any Property of any Borrower, any Subsidiary of Borrower or any other Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Truserv Corp)

Criminal Forfeiture. Any Borrower, any Subsidiary of Borrower or any other Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of any Borrower, any Subsidiary of Borrower or any other Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Cambium Learning Group, Inc.)

Criminal Forfeiture. Any Borrower, any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material amount of Property of any Borrower, any Restricted Subsidiary of Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Borden Chemical Inc)

Criminal Forfeiture. Borrower, Any Borrower or any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, any Borrower or any Subsidiary of Borrower or any GuarantorBorrower.

Appears in 1 contract

Samples: Financing and Security Agreement (Henry Co)

Criminal Forfeiture. Borrower, Borrower or any Subsidiary of Borrower or any Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any Property of Borrower, Borrower or any Subsidiary of Borrower or any Guarantor.Borrower. 41 42

Appears in 1 contract

Samples: Loan Agreement (Fresh Foods Inc)

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