Common use of INDICTMENT - FORFEITURE Clause in Contracts

INDICTMENT - FORFEITURE. The indictment of, or institution of any legal process or proceeding against, the Borrower, under any federal, state, municipal, and other civil or criminal statute, rule, regulation, order, or other requirement having the force of law where the relief, penalties, or remedies sought or available include the forfeiture of any property of the Borrower and/or the imposition of any stay or other order, the effect of which could be to restrain in any material way the conduct by the Borrower of its business in the ordinary course.

INDICTMENT - FORFEITURE. The indictment of, or institution of any legal process or proceeding against, the Borrower, under any federal, state, municipal, and other civil or criminal statute, rule, regulation, order, or other requirement having the force of law Applicable Law where the relief, penalties, or remedies sought or available include the forfeiture of any property of the Borrower and/or the imposition of any stay or other order, the effect of which could be to restrain in any material way the conduct by the Borrower of its business in the ordinary course.

INDICTMENT - FORFEITURE. The indictment of, or institution of any legal process or proceeding against, the any Borrower, under any federal, state, municipal, and other civil or criminal statute, rule, regulation, order, or other requirement having the force of law where the relief, penalties, or remedies sought or available include the forfeiture of any property of the that Borrower and/or the imposition of any stay or other order, the effect of which which, could reasonably be expected to restrain in any material way the conduct by the Borrower of its business in the ordinary coursehave a Material Adverse Effect.

INDICTMENT - FORFEITURE. The indictment of, or institution of any legal process or proceeding against, the any Borrower, under any federal, state, municipal, and other civil or criminal statute, rule, regulation, order, or other requirement having the force of law where the relief, penalties, or remedies sought or available include the forfeiture of any property of the any Borrower and/or the imposition of any stay or other order, the effect of which could would reasonably be expected to restrain in any material way the conduct by the Borrower of its business in the ordinary coursehave a Material Adverse Effect.

INDICTMENT - FORFEITURE. The indictment of, or institution of any legal process or proceeding against, against the Borrower, under any federal, state, state municipal, and other civil or criminal statute, rule, regulation, order, order or other requirement having the force of law where the relief, penalties, or remedies sought or available include the forfeiture of any property of the Borrower and/or the imposition of any stay or other order, the effect of which could be to restrain in any material way the conduct by the Borrower of its business in the ordinary course.

INDICTMENT - FORFEITURE. The indictment of, or institution of any legal process or proceeding against, the any Principal Borrower, under any federal, state, municipal, and other civil or criminal statute, rule, regulation, order, or other requirement having the force of law where the relief, penalties, or remedies sought or available include the forfeiture of any material property of the any Principal Borrower and/or the imposition of any stay or other order, the effect of which could be to restrain in any material way the conduct by the any Principal Borrower of its business in the ordinary course.

INDICTMENT - FORFEITURE. The indictment of, or institution of any legal process or proceeding against, the Borrower, any Borrower under any federal, state, municipal, municipal and other civil or criminal statute, rule, regulation, order, order or other requirement having the force of law where the relief, penalties, penalties or remedies sought or available include the forfeiture of any more than $500,000 of the property of the that Borrower and/or the imposition of any stay or other order, the effect of which could be to restrain in any material way the conduct by the any Borrower of its business in the ordinary coursebusiness.

INDICTMENT - FORFEITURE. The indictment of, or institution of any legal process or proceeding against, the any Borrower, under any federal, state, municipal, and other civil or criminal statute, rule, regulation, order, or other requirement having the force of law where the relief, penalties, or remedies sought or available include the forfeiture of any property of the any Borrower and/or the imposition of any stay or other order, the effect of which could be to restrain in any material way the conduct by the that Borrower of its business in the ordinary course.