Common use of Government Intervention Clause in Contracts

Government Intervention. Permit the assertion or making of any seizure, vesting or intervention by or under authority of any governmental entity, as a result of which the management of Borrower or Guarantor is displaced of its authority in the conduct of its respective business or such business is curtailed or materially impaired.

Appears in 3 contracts

Samples: Loan Agreement (CNL Strategic Capital, LLC), Loan Agreement (CNL Strategic Capital, LLC), Loan Agreement (CNL Strategic Capital, LLC)

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Government Intervention. Permit the assertion or making of any seizure, vesting or intervention by or under authority of any governmental entity, as a result of which the management of Borrower or Guarantor any guarantor is displaced of its authority in the conduct of its respective business or such business is curtailed or materially impaired.

Appears in 2 contracts

Samples: Loan Agreement (ScripsAmerica, Inc.), Loan Agreement (American Land Lease Inc)

Government Intervention. Permit the assertion or making of any seizure, vesting or intervention by or under authority of any governmental entityGovernmental Authority, as a result of which the management of Borrower Guarantor or Guarantor any guarantor is displaced of its authority in the conduct of its respective business or such business is curtailed or materially impaired.

Appears in 2 contracts

Samples: Unconditional Guaranty (Asbury Automotive Group Inc), Unconditional Guaranty (Asbury Automotive Group Inc)

Government Intervention. Permit the assertion or making of any seizure, vesting or intervention by or under authority of any governmental entity, as a result of government by which the management of Borrower or Guarantor is displaced of its authority in the conduct of its respective business or such its business is materially curtailed or materially impaired.

Appears in 1 contract

Samples: Loan Agreement (Cybex International Inc)

Government Intervention. Permit the assertion or making of any seizure, vesting or intervention by or under authority of any governmental entity, as a result of government by which the management of Borrower or Guarantor any guarantor is displaced of its authority in the conduct of its respective business or its such business is curtailed or materially impaired.

Appears in 1 contract

Samples: Loan Agreement (Bluegreen Corp)

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Government Intervention. Permit the assertion or making of any ------------------------ seizure, vesting or intervention by or under authority of any governmental entity, as a result of government by which the management of Borrower or Guarantor any guarantor is displaced of its authority in the conduct of its respective business or such business is curtailed or materially impaired.

Appears in 1 contract

Samples: Loan Agreement (Techforce Corp)

Government Intervention. Permit the assertion or making of any seizure, vesting or intervention by or under authority of any governmental entity, as a result of Government Authority by which the management of the Borrower or Guarantor is displaced of its authority in the conduct of its respective business or such business is curtailed or materially impaired.

Appears in 1 contract

Samples: Loan and Security Agreement (Comstock Homebuilding Companies, Inc.)

Government Intervention. Permit or suffer the assertion or making of any seizure, vesting or intervention by or under authority of any governmental entity, as a result of which the management of Borrower or any Guarantor is displaced of its authority in the conduct of its respective business or such business is curtailed or materially impaired.

Appears in 1 contract

Samples: Loan Agreement (CNL Income Properties Inc)

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