Common use of Governmental Approvals Clause in Contracts

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; or

Appears in 122 contracts

Samples: Loan and Security Agreement (Syros Pharmaceuticals, Inc.), Loan and Security Agreement (Syros Pharmaceuticals, Inc.), Loan and Security Agreement (Vera Therapeutics, Inc.)

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Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal non‑renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; or

Appears in 30 contracts

Samples: Loan Agreement (Learn SPAC HoldCo, Inc.), Loan and Security Agreement (Silk Road Medical Inc), Loan and Security Agreement (Lexicon Pharmaceuticals, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; or;

Appears in 15 contracts

Samples: Loan and Security Agreement (Pliant Therapeutics, Inc.), Loan and Security Agreement (Learn SPAC HoldCo, Inc.), Loan and Security Agreement (Pliant Therapeutics, Inc.)

Governmental Approvals. Any Governmental Approval shall have been (a) revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term or (b) subject to any decision by a Governmental Authority that designates a hearing with respect to any applications for renewal of any of such Governmental Approval or that could result in the Governmental Authority taking any of the actions described in clause (a) above, and such decision or such revocation, rescission, suspension, modification or non-renewal has resulted in has, or could reasonably be expected to result in have, a Material Adverse Change; or.

Appears in 14 contracts

Samples: Loan and Security Agreement (Arsanis, Inc.), Loan and Security Agreement (Hyperion Therapeutics Inc), Loan and Security Agreement (Cornerstone OnDemand Inc)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; or

Appears in 9 contracts

Samples: Loan and Security Agreement (Sunesis Pharmaceuticals Inc), Loan and Security Agreement (Transenterix Inc.), Loan and Security Agreement (Vitae Pharmaceuticals, Inc)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal non‑renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; or;

Appears in 9 contracts

Samples: Loan and Security Agreement (RxSight, Inc.), Loan and Security Agreement (Immunocore LTD), Loan and Security Agreement (Immunocore LTD)

Governmental Approvals. Any Governmental Approval issued shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; or

Appears in 5 contracts

Samples: Loan and Security Agreement (Poseida Therapeutics, Inc.), Loan and Security Agreement (Poseida Therapeutics, Inc.), Loan and Security Agreement (Poseida Therapeutics, Inc.)

Governmental Approvals. Any Governmental Approval shall have been (a) revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term or (b) subject to any decision by a Governmental Authority that designates a hearing with respect to any applications for renewal of any of such Governmental Approval or that could result in the Governmental Authority taking any of the actions described in clause (a) above, and such decision or such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; orrenewal

Appears in 4 contracts

Samples: Loan and Security Agreement (Okta, Inc.), Loan and Security Agreement (Okta, Inc.), Loan and Security Agreement (Okta, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could that would reasonably be expected to result in cause a Material Adverse Change; or.

Appears in 4 contracts

Samples: Loan and Security Agreement (KORU Medical Systems, Inc.), Loan and Security Agreement (Broadscale Acquisition Corp.), Loan and Security Agreement (HashiCorp, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such decision or such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in cause, a Material Adverse Change; or.

Appears in 3 contracts

Samples: Loan Agreement (Fluidigm Corp), Loan Agreement (Fluidigm Corp), Loan Agreement (Fluidigm Corp)

Governmental Approvals. Any Governmental Approval shall have been (a) revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term or (b) subject to any decision by a Governmental Authority that designates a hearing with respect to any applications for renewal of any of such Governmental Approval, and such decision or such revocation, rescission, suspension, modification or non-renewal has resulted in (i) cause, or could reasonably be expected to result in cause, a Material Adverse Change; or

Appears in 3 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (RingCentral Inc), Loan and Security Agreement (RingCentral Inc)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; orterm.

Appears in 3 contracts

Samples: Loan and Security Agreement (Pubmatic, Inc.), Loan and Security Agreement (Pubmatic, Inc.), Loan and Security Agreement (Healthcare Acquisition Corp)

Governmental Approvals. Any Governmental Approval shall have been (a) revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term or (b) subject to any decision by a Governmental Authority that designates a hearing with respect to any applications for renewal of any of such Governmental Approval and such decision or such revocation, rescission, suspension, modification or non-renewal has resulted in has, or could reasonably be expected to result in have, a Material Adverse Change; or

Appears in 3 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Omeros Corp), Loan and Security Agreement (Omeros Corp)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and term, where such revocation, rescission, suspension, modification or non-renewal has resulted in has, or could would reasonably be expected to result in have, a Material Adverse Change; orEffect.

Appears in 3 contracts

Samples: Loan and Security Agreement (ATAI Life Sciences N.V.), Loan and Security Agreement (ATAI Life Sciences N.V.), Loan and Security Agreement (Eloxx Pharmaceuticals, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and and, in each case, such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; orEffect.

Appears in 2 contracts

Samples: Venture Loan and Security Agreement (Ceribell, Inc.), Venture Loan and Security Agreement (Ceribell, Inc.)

Governmental Approvals. Any material Governmental Approval shall have been revoked, rescinded, suspended, modified in an materially adverse manner, manner or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result results in a Material Adverse Change; or.

Appears in 2 contracts

Samples: Loan and Security Agreement (NxStage Medical, Inc.), Loan and Security Agreement (NxStage Medical, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could that would reasonably be expected to result in cause, a Material Adverse Change; or.

Appears in 2 contracts

Samples: Loan and Security Agreement (Livongo Health, Inc.), Loan and Security Agreement (Livongo Health, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could would reasonably be expected to result in a Material Adverse Change; or;

Appears in 2 contracts

Samples: Loan and Security Agreement (Hansen Medical Inc), Loan and Security Agreement (Hansen Medical Inc)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in causes, or could reasonably be expected to result in cause, a Material Adverse Change; or.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Avalara Inc)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; or

Appears in 2 contracts

Samples: Loan and Security Agreement (Rapid Micro Biosystems, Inc.), Loan and Security Agreement (Rapid Micro Biosystems, Inc.)

Governmental Approvals. Any material Governmental Approval shall have been (a) revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; or

Appears in 2 contracts

Samples: Loan and Security Agreement (Sensus Healthcare, Inc.), Loan and Security Agreement (Sensus Healthcare, LLC)

Governmental Approvals. (A) Any Governmental Approval shall have has been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and where such revocation, rescission, suspension, modification recession or non-renewal suspension has resulted in or could reasonably be expected to result in cause a Material Adverse ChangeEffect; or

Appears in 2 contracts

Samples: Agreement (Rockley Photonics Holdings LTD), Agreement (Rockley Photonics Holdings LTD)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such decision or such revocation, rescission, suspension, modification or non-renewal has resulted in cause, or could reasonably be expected to result in cause, a Material Adverse Change; or.

Appears in 2 contracts

Samples: Loan and Security Agreement (Nebula Caravel Acquisition Corp.), Mezzanine Loan and Security Agreement (Nebula Caravel Acquisition Corp.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and and, in each case, such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; or;

Appears in 2 contracts

Samples: Loan and Security Agreement (Ceribell, Inc.), Loan and Security Agreement (Ceribell, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or that could reasonably be expected to result in cause a Material Adverse Change; or.

Appears in 1 contract

Samples: Loan and Security Agreement (Couchbase, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted non‑renewal results in or could reasonably be expected to result in a Material Adverse Change; or;

Appears in 1 contract

Samples: Loan and Security Agreement (Viracta Therapeutics, Inc.)

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Governmental Approvals. Any Governmental Approval shall have been (a) revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term or (b) subject to any decision by a Governmental Authority that designates a hearing with respect to any applications for renewal of any of such Governmental Approval and such decision or such revocation, rescission, suspension, modification or non-renewal has resulted in has, or could reasonably be expected to result in have, a Material Adverse Change; or;

Appears in 1 contract

Samples: Loan and Security Agreement (Omeros Corp)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could would reasonably be expected to result in have a Material Adverse Change; orEffect.

Appears in 1 contract

Samples: Credit Agreement (Baudax Bio, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed renewed, if, in each case of the ordinary course for a full term and foregoing, such revocation, rescission, suspension, modification or non-renewal non‑renewal has resulted in or could would reasonably be expected to result in a Material Adverse Change; or

Appears in 1 contract

Samples: Loan and Security Agreement (Orthofix Medical Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term course, and such revocation, rescission, suspension, modification or non-renewal has resulted in had, or could reasonably be expected to result in have, a Material Adverse Change; or.

Appears in 1 contract

Samples: Loan and Security Agreement (Telecommunication Systems Inc /Fa/)

Governmental Approvals. Any Governmental Approval shall have been (a) revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and or (b) subject to any decision by a Governmental Authority that designates a hearing with respect to any applications for renewal of any of such revocation, rescission, suspension, modification Governmental Approval or non-renewal has resulted that could result in or the Governmental Authority taking any of the actions described in clause (a) above that could reasonably be expected to result in a Material Adverse Change; or.

Appears in 1 contract

Samples: Loan and Security Agreement (Alphatec Holdings, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal non‑renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; or. 42 SF\5875461.15

Appears in 1 contract

Samples: Loan and Security Agreement (Global Eagle Entertainment Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term term, and such revocation, rescission, suspension, modification or non-renewal has resulted in has, or reasonably could reasonably be expected to result in have, a Material Adverse Change; or.

Appears in 1 contract

Samples: Loan and Security Agreement (Zovio Inc)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a the full term of such Governmental Approval, if any, and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; or;

Appears in 1 contract

Samples: Loan and Security Agreement (Avanir Pharmaceuticals, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; orEffect.

Appears in 1 contract

Samples: Loan and Security Agreement (Ammo, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in have a Material Adverse Change; orEffect.

Appears in 1 contract

Samples: Credit Agreement (Adma Biologics, Inc.)

Governmental Approvals. Any material Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could reasonably be expected to result in a Material Adverse Change; orterm;

Appears in 1 contract

Samples: Loan and Security Agreement (Medicinova Inc)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and term, where such revocation, rescission, suspension, modification or non-renewal has resulted in has, or could would reasonably be expected to result in have, a Material Adverse ChangeEffect; or

Appears in 1 contract

Samples: Loan and Security Agreement (BiomX Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or could would reasonably be expected to result in a Material Adverse Change; or

Appears in 1 contract

Samples: Loan and Security Agreement (Verona Pharma PLC)

Governmental Approvals. Any Governmental Approval shall have been (a) revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and or (b) subject to any decision by a Governmental Authority that designates a hearing with respect to any applications for renewal of any of such revocation, rescission, suspension, modification Governmental Approval or non-renewal has resulted in or that could reasonably be expected to result in a Material Adverse Change; orthe Governmental Authority taking any of the actions described 15 39271280

Appears in 1 contract

Samples: Loan and Security Agreement (Alpine Immune Sciences, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such decision or such revocation, rescission, suspension, modification or non-renewal has resulted in (a) causes, or could reasonably be expected to result cause a material adverse change or (b) adversely affect the legal qualifications of Borrower or any of its Subsidiaries to hold such Governmental Approval in a Material Adverse Change; orany applicable jurisdiction.

Appears in 1 contract

Samples: Loan and Security Agreement (Taysha Gene Therapies, Inc.)

Governmental Approvals. Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such decision or such revocation, rescission, suspension, modification or non-renewal has resulted in caused, or could reasonably be expected to result in cause, a Material Adverse Change; or.

Appears in 1 contract

Samples: Loan and Security Agreement (Sumo Logic, Inc.)

Governmental Approvals. Any Governmental Approval shall have been (a) revoked, rescinded, suspended, modified in an adverse manner, manner or not renewed in the ordinary course for a full term and such revocation, rescission, suspension, modification or non-renewal has resulted in or that could reasonably be expected to result in cause, a Material Adverse Change; or.

Appears in 1 contract

Samples: Loan and Security Agreement (Couchbase, Inc.)

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