Common use of Loss of License, Permit, Approval, Etc Clause in Contracts

Loss of License, Permit, Approval, Etc. (a) The loss or, if known by the Borrower, any Guarantor or any of their respective Subsidiaries, threatened loss, by the Borrower, any Guarantor or any of their respective Subsidiaries, of any license, permit, approval, registration, contract, consent, franchise, qualification, certificate of need, accreditation or other authorization issued by any Governmental Authority referenced in Section 7.24, if such loss reasonably could be expected to have a Material Adverse Effect; or (b) The decertification or, if known by the Borrower, any Guarantor or any of their respective Subsidiaries, potential decertification, of the Borrower, any Guarantor or any of their respective Subsidiaries, under any program relating to Service Contracts, if such decertification reasonably could be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De), Credit Agreement (America Service Group Inc /De)

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Loss of License, Permit, Approval, Etc. (a) The loss or, if known by the Borrower, any Guarantor or any of their respective Subsidiaries, threatened loss, by the Borrower, any Guarantor or any of their respective Subsidiaries, of any license, permit, approval, registration, contract, consent, franchise, qualification, certificate of need, accreditation or other authorization issued by -71- 73 any Governmental Authority referenced in Section 7.24, if such loss reasonably could be expected to have a Material Adverse Effect; or (b) The decertification or, if known by the Borrower, any Guarantor or any of their respective Subsidiaries, potential decertification, of the Borrower, any Guarantor or any of their respective Subsidiaries, under any program relating to Service Contracts, if such decertification reasonably could be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (America Service Group Inc /De)

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