Common use of Criminal Indictment Clause in Contracts

Criminal Indictment. A Loan Party or any of its Responsible Officers is criminally indicted or convicted for (i) a felony committed in the conduct of such Loan Party’s business, or (ii) violating any state or federal law (including the Controlled Substances Act, Money Laundering Control Act of 1986 and Illegal Exportation of War Materials Act) that could lead to forfeiture of any material Assets or any Collateral; or

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Silvercrest Asset Management Group Inc.), Credit Agreement (Silvercrest Asset Management Group Inc.), Credit Agreement (Silvercrest Asset Management Group Inc.)

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Criminal Indictment. A Loan Party or any of its Responsible Financial Officers is criminally indicted or convicted for (i) a felony committed in the conduct of such Loan Party’s business, or (ii) violating any state or federal law (including the Controlled Substances Act, Money Laundering Control Act of 1986 and Illegal Exportation of War Materials Act) that could lead to forfeiture of any material Assets or any CollateralCollateral in excess of $250,000; or

Appears in 1 contract

Samples: Credit Agreement (Ramaco Resources, Inc.)

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Criminal Indictment. A Loan Party or any of its Responsible Financial Officers is criminally indicted or convicted for (i) a felony committed in the conduct of such Loan Party’s business, or (ii) violating any state or federal law (including the Controlled Substances Act, Money Laundering Control Act of 1986 and Illegal Exportation of War Materials Act) that could lead to forfeiture of any material Assets or any CollateralCollateral in excess of $250,000; or

Appears in 1 contract

Samples: Credit and Security Agreement (Ramaco Resources, Inc.)

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