Forfeiture Proceeding. No Loan Party is engaged in or proposes to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding and no Forfeiture Proceeding against it is pending or, to the best of each Loan Party's knowledge, threatened.
Appears in 3 contracts
Samples: Credit Agreement (General Inspection Laboratories Inc), Credit Agreement (General Inspection Laboratories Inc), Credit Agreement (Stellex Industries Inc)
Forfeiture Proceeding. No Loan Party is engaged in or proposes to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding and no Forfeiture Proceeding against it is pending or, to the best of each Loan Party's knowledge, or threatened.
Appears in 1 contract
Forfeiture Proceeding. No Loan Party is engaged in or proposes --------------------- to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding and no Forfeiture Proceeding against it is pending or, to the best of each Loan Party's knowledge, or threatened.
Appears in 1 contract
