Common use of Impaired Business Clause in Contracts

Impaired Business. The failure by the Awardee to promptly forestall or remove any execution, garnishment or attachment of such consequence as shall impair its ability to continue its business or fulfill its obligations and such execution, garnishment or attachment shall not be vacated within thirty (30) days;

Appears in 4 contracts

Samples: Loan Agreement, Grant and Security Agreement (General Communication Inc), Grant and Security Agreement (Gci Inc)

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Impaired Business. The failure by the Awardee to promptly forestall or remove any execution, garnishment or attachment of such consequence as shall impair its ability to continue its business or fulfill its obligations and such execution, garnishment or attachment shall not be vacated within thirty (30) days;; and/or

Appears in 3 contracts

Samples: Grant and Security Agreement, Grant and Security Agreement, Grant and Security Agreement

Impaired Business. The failure by the Awardee fails to promptly forestall or remove any execution, garnishment or attachment of such consequence as shall impair its ability to continue its business or fulfill its obligations and such execution, garnishment or attachment shall not be vacated within thirty (30) days;

Appears in 2 contracts

Samples: Loan and Security Agreement, Grant and Security Agreement

Impaired Business. The failure by the Awardee fails to promptly forestall or remove any execution, garnishment or attachment of such consequence as shall impair its ability to continue its business or fulfill its obligations and such execution, garnishment or attachment shall not be vacated within thirty (30) days;

Appears in 1 contract

Samples: Grant and Security Agreement

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Impaired Business. The failure by the Awardee Awardees to promptly forestall or remove any execution, garnishment or attachment of such consequence as shall impair its their ability to continue its their business or fulfill its their obligations and such execution, garnishment or attachment shall not be vacated within thirty (30) days;; and/or

Appears in 1 contract

Samples: Grant and Security Agreement

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