FORFEITURE PROCEEDINGS. An adjudication against any Borrower or any Subsidiary thereof or in any criminal proceedings requiring such Borrower’s or such Subsidiary’s forfeiture of any asset; or
Appears in 2 contracts
Samples: Credit and Security Agreement (Peak Resorts Inc), Credit and Security Agreement (Peak Resorts Inc)
FORFEITURE PROCEEDINGS. An adjudication against any Borrower or any Subsidiary thereof or in any criminal proceedings requiring such Borrower’s or such Subsidiary’s forfeiture of any asset; or
Appears in 2 contracts
Samples: Restructure Agreement (Peak Resorts Inc), Master Credit and Security Agreement (Peak Resorts Inc)
FORFEITURE PROCEEDINGS. An adjudication against any Borrower or any Subsidiary thereof or in any criminal proceedings requiring such Borrower’s or such Subsidiary’s forfeiture of any asset; oror . The Financial Impairment of any Borrower or any Subsidiary thereof.
Appears in 1 contract
Samples: Master Credit and Security Agreement (Peak Resorts Inc)
