Common use of Disposition of Licenses Clause in Contracts

Disposition of Licenses. Sell, assign, transfer or otherwise dispose of, or attempt to dispose of, in any way, any License which may be required by Law or which is material to the conduct of its business, the disposition of which could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Master Loan Agreement (Nuvera Communications, Inc.), Master Loan Agreement (New Ulm Telecom Inc), Master Loan Agreement (Warwick Valley Telephone Co)

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Disposition of Licenses. Sell, assign, transfer or otherwise dispose of, or attempt to dispose of, in any way, any License franchise, license, certificates, permits, authorization, approvals and the like which may be required by Law law or which is are material to the conduct of its business, the disposition of which could reasonably be expected to have a Material Adverse EffectEffect on the Borrowers.

Appears in 2 contracts

Samples: Master Loan Agreement (Knology Inc), Master Loan Agreement (Knology Inc)

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Disposition of Licenses. Sell, assign, transfer or otherwise dispose of, or attempt to dispose of, in any way, or fail to preserve and maintain any License franchise, license, certificates, permits, authorization, approvals and the like which may be required by Law law or which is are material to the conduct of its business, the disposition of which could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Master Loan Agreement (New Ulm Telecom Inc), Master Loan Agreement (New Ulm Telecom Inc)

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