Criminal Proceedings. The institution in any court of a criminal proceeding against any Loan Party which would have a Material Adverse Effect, or the indictment of any Loan Party for any crime other than traffic and boating tickets and misdemeanors not punishable by jail terms; or
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Samples: Credit and Security Agreement (Singing Machine Co Inc), Credit and Security Agreement (LIVE VENTURES Inc), Credit and Security Agreement (LIVE VENTURES Inc)
Criminal Proceedings. The institution in any court of a criminal proceeding against any Loan Party which would have a Material Adverse EffectEffect on such Loan Party, or the indictment of any Loan Party, or any officer of a Loan Party for any crime other than traffic and boating tickets and misdemeanors not punishable by jail terms; orcrime.
Appears in 2 contracts
Samples: Loan and Security Agreement (S&W Seed Co), Loan and Security Agreement (S&W Seed Co)
Criminal Proceedings. The institution in any court of a criminal proceeding against any Loan Party which would have a Material Adverse Effect, or the indictment of any Loan Party for any crime other than traffic and boating tickets and misdemeanors not punishable by jail terms; orwhich would have a Material Adverse Effect.
Appears in 2 contracts
Samples: Loan and Security Agreement (Broadwind Energy, Inc.), Loan and Security Agreement (Broadwind Energy, Inc.)
Criminal Proceedings. The institution in any court of a criminal proceeding against any Loan Party which would have a Material Adverse EffectParty, or the indictment of any Loan Party Party, for any crime other than traffic and boating tickets and misdemeanors not punishable by jail terms; orcrime, in either case which could reasonably be expected to have a Material Adverse Effect on such Loan Party.
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Samples: Loan and Security Agreement (Manitex International, Inc.)
Criminal Proceedings. (a) The institution in any court of a criminal proceeding against any Loan Party which would have a Material Adverse Effect, (b) the indictment of any officer of a Loan Party, for any crime which would have a Material Adverse Effect or (c) the indictment of any Loan Party for any crime other than traffic and boating tickets and misdemeanors not punishable by jail terms; orcrime.
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Samples: Line of Credit, Guarantee and Security Agreement (Blue Dolphin Energy Co)
Criminal Proceedings. The institution in any court of a criminal proceeding against any Loan Party which would have a Material Adverse Effect, or the indictment of any Loan Party, or any officer of a Loan Party for any crime other than traffic and boating tickets and misdemeanors not punishable by jail terms; orwhich would, in each case, have a Material Adverse Effect on such Loan Party.
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Criminal Proceedings. The institution in any court of a criminal proceeding against any Loan Party which would have a Material Adverse Effect, or the indictment of any Loan Party for any crime other than traffic and boating tickets and misdemeanors not punishable by jail termscrime; or Change of Control. A Change of Control shall occur; or
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