Common use of Loss of Licenses Clause in Contracts

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the Company, or the Company for any reason loses any material license, permit or franchise, or the Company suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 8 contracts

Samples: Credit Agreement (Enstar Income Growth Program Five-B Lp), Credit Agreement (Enstar Income Growth Program Six a L P), Credit Agreement (Enstar Income Program Iv-1 Lp)

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Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyCompany or any Subsidiary, or the Company or any Subsidiary for any reason loses any material license, permit or franchise, or the Company or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 6 contracts

Samples: Revolving Credit Agreement (Teletech Holdings Inc), Revolving Credit Agreement (Teletech Holdings Inc), Credit Agreement (Dreyers Grand Ice Cream Inc)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyBorrower or any Subsidiary, or the Company Borrower or any Subsidiary for any reason loses any material license, permit or franchise, or the Company Borrower or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 4 contracts

Samples: Term Revolving Credit Agreement (Ferrellgas Partners Finance Corp), Credit Agreement (Ferrellgas Partners Finance Corp), Credit Agreement (Software Net Corp)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyCompany or any Material Subsidiary, or the Company or any Material Subsidiary for any reason loses any material license, permit or franchise, or the Company or any Material Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 3 contracts

Samples: Credit Agreement (Oshkosh Truck Corp), Credit Agreement (Oshkosh Truck Corp), Credit Agreement (Oshkosh Truck Corp)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material insurance license, permit or franchise of the CompanyCompany or any Significant Subsidiary, or the Company or any Significant Subsidiary for any reason loses any material insurance license, permit or franchise, or the Company or any Significant Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material insurance license, permit or franchise; or.

Appears in 3 contracts

Samples: Credit Agreement (Zenith National Insurance Corp), Credit Agreement (Zenith National Insurance Corp), Credit Agreement (Zenith National Insurance Corp)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyBorrower or any Subsidiary, or the Company Borrower or any Subsidiary for any reason loses any material license, permit or franchise, or the Company Borrower or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or, in each case which would be reasonably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Manor Care Inc), Credit Agreement (Manor Care Inc)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise any of the CompanyCompanies or any of their Subsidiaries, or any of the Company Companies or any of their respective Subsidiaries for any reason loses any material license, permit or franchise, or any of the Company Companies or any of their Subsidiaries suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 2 contracts

Samples: Credit Agreement (Esterline Technologies Corp), Credit Agreement (Esterline Technologies Corp)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyBorrower or any Subsidiary, or the Company Borrower or any Subsidiary for any reason loses any material license, permit or franchise, or the Company Borrower or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or Adverse Change. There occurs a Material Adverse Effect; or

Appears in 2 contracts

Samples: Credit Agreement (Ferrellgas Finance Corp), Credit Agreement (Ferrellgas Partners Finance Corp)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyLessee or any Subsidiary, or the Company Lessee or any Subsidiary for any reason loses any material license, permit or franchise, or the Company Lessee or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 2 contracts

Samples: Ferrellgas Partners Finance Corp, Ferrellgas Partners Finance Corp

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyCompany or any Subsidiary, or the Company or any Subsidiary for any reason loses any material license, permit or franchise, or the Company or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise, the effect of which could reasonably be expected to result in a Material Adverse Effect; or

Appears in 2 contracts

Samples: Credit Agreement (Vans Inc), Credit Agreement (Vans Inc)

Loss of Licenses. Any Governmental Authority ---------------- revokes or fails to renew any material license, permit or franchise of the CompanyParent, the Company or any Subsidiary, or the Parent, the Company or any Subsidiary for any reason loses any material license, permit or franchise, or the Parent, the Company or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 1 contract

Samples: Credit Agreement (Mail Well Inc)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyCompany or any Subsidiary, or the Company or any Subsidiary for any reason loses any material license, permit or franchise, or the Company or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise, which revocation, failure, loss or imposition could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Cypress Semiconductor Corp /De/)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyCompany or any Material Subsidiary, or the Company or any Material Subsidiary for any reason loses any material license, permit or franchise, or the Company or any Material Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; orany

Appears in 1 contract

Samples: Credit Agreement (Mentor Graphics Corp)

Loss of Licenses. Any other Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyGuarantor or any Subsidiary, or the Company Guarantor or any Subsidiary for any reason loses any material license, permit or franchise, or the Company Guarantor or any Subsidiary suffers the imposition of any restraining order, escrow, suspension -55- 62 or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or.

Appears in 1 contract

Samples: Credit Agreement (Phoenix Companies Inc/De)

Loss of Licenses. Any Governmental Authority revokes or revokes, fails to renew or suspends any material license, permit or franchise of the CompanyCompany or any Subsidiary, or the Company or any Subsidiary for any reason loses any material license, permit or franchise, or the Company or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 1 contract

Samples: Revolving Credit Agreement (Lawyers Title Corp)

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Loss of Licenses. Any The Governmental Authority revokes shall revoke or fails fail to renew any material license, permit or franchise of the Company, Company or any of its Subsidiaries or the Company or any of its Subsidiaries shall for any reason loses lose any material license, permit or franchise, franchise or the Company suffers or any of its Subsid iaries shall suffer the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 1 contract

Samples: Credit Agreement (Price Reit Inc)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the Companyany Credit Party or any of its Subsidiaries, or the Company any Credit Party or any of its Subsidiaries for any reason loses any material license, permit or franchise, or the Company any Credit Party or any of its Subsidiaries suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 1 contract

Samples: Credit Agreement (Crimson Wine Group, LTD)

Loss of Licenses. Any other Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyCompany or any Subsidiary, or the Company or any Subsidiary for any reason loses any material license, permit or franchise, or the Company or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise, in each case where such event could reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Med E America Corp)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyHoldings, or the Company or any Subsidiary, Holdings, the Company or any Subsidiary for any reason loses any material license, permit or franchise, or Holdings, the Company or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 1 contract

Samples: Credit Agreement (White Cap Holdings Inc)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyGuarantor or any Subsidiary, or the Company Guarantor or any Subsidiary for any reason loses any material license, permit or franchise, or the Company Guarantor or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or.

Appears in 1 contract

Samples: Credit Agreement (Phoenix Companies Inc/De)

Loss of Licenses. Any other Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyBorrower or any Subsidiary, or the Company Borrower or any Subsidiary for any reason loses any material license, permit or franchise, or the Company Borrower or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchisefranchise and the result is a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Motivepower Industries Inc)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyCompany or any Subsidiary, or the Company or any Subsidiary for any reason loses any material license, permit or franchise, or the Company or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchisefranchise the effect of which could reasonably result in a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Ns Group Inc)

Loss of Licenses. Any Department or any other Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyCompany or any Significant Insurance Subsidiary, or the Company or any Significant Insurance Subsidiary for any reason loses any material license, permit or franchise, or the Company or any Significant Insurance Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 1 contract

Samples: Credit Agreement (Mgic Investment Corp)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the CompanyCompany or any of its Subsidiaries, or the Company or any of its Subsidiaries for any reason loses any material license, permit or franchise, or the Company or any of its Subsidiaries suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise; or

Appears in 1 contract

Samples: Credit Agreement (Efunds Corp)

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