Common use of Criminal Forfeiture Clause in Contracts

Criminal Forfeiture. Any Obligor shall be convicted under any criminal law that could lead to a forfeiture of any Property of such Obligor.

Appears in 19 contracts

Samples: Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Standard Register Co), Loan and Security Agreement (Dixie Group Inc)

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Criminal Forfeiture. Any Obligor shall be convicted under any criminal law that could lead to a forfeiture of any material Property of such Obligor.

Appears in 2 contracts

Samples: Note Agreement (Pameco Corp), Loan and Security Agreement (Pameco Corp)

Criminal Forfeiture. Any Obligor shall be convicted under any criminal law that could lead to a forfeiture of any Property of such Obligor.

Appears in 1 contract

Samples: Loan and Security Agreement (Sed International Holdings Inc)

Criminal Forfeiture. Any Obligor shall be convicted under any criminal law that could lead to a forfeiture of any Property Collateral of such Obligor.

Appears in 1 contract

Samples: Loan and Security Agreement (Artesyn Technologies Inc)

Criminal Forfeiture. Any Obligor shall be convicted ------------------- under any criminal law that could lead to a forfeiture of any Property of such ObligorObligor that would have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Gulf States Steel Inc /Al/)

Criminal Forfeiture. Any Obligor shall be convicted under any criminal law that could lead to a forfeiture of any Property of such ObligorObligor that would have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Tropical Sportswear Co Inc)

Criminal Forfeiture. Any Obligor shall be convicted under any criminal law that could lead to results in a forfeiture of any Property material part of such Obligorthe Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Danka Business Systems PLC)

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Criminal Forfeiture. Any Obligor shall be criminally indicted or convicted under any criminal law that could lead to a forfeiture of any Property of such any Obligor.

Appears in 1 contract

Samples: Loan and Security Agreement (Atlantic Premium Brands LTD)

Criminal Forfeiture. Any Obligor shall be convicted under any criminal law that could lead to a forfeiture of any Property of such ObligorObligor that could be reasonably expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Remington Arms Co Inc/)

Criminal Forfeiture. Any Obligor shall be convicted under any criminal law that could reasonably be expected to lead to a forfeiture of any Property of such ObligorObligor with an aggregate value of $250,000 or more.

Appears in 1 contract

Samples: Credit Agreement (Superior Essex Inc)

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