Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of any Borrower or any Subsidiary, or any Borrower or any Subsidiary for any reason loses any material license, permit or franchise, or any 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 2 contracts
Samples: Credit Agreement (Specialty Equipment Companies Inc), Credit Agreement (Specialty Equipment Companies Inc)
Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of any Borrower the Company or any Subsidiary, or any Borrower the Company or any Subsidiary for any reason loses any material license, permit or franchise, or any Borrower 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, in each case which would be reasonably likely to have a Materially Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (HCR Manor Care Inc), Credit Agreement (HCR Manor Care Inc)
Loss of Licenses. Any other Governmental Authority revokes shall revoke or fails fail to renew any material license, permit or franchise of any Borrower the Company or any Subsidiary, of its Subsidiaries or the Company or any Borrower or any Subsidiary of its Subsidiaries shall for any reason loses lose any material license, permit or franchise, franchise or the Company or any Borrower or any Subsidiary suffers of its Subsidiaries 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 (Ross Stores Inc)
Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of any Borrower the Company or any Material Subsidiary, or any Borrower the Company or any Material Subsidiary for any reason loses any material license, permit or franchise, or any Borrower 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 franchisefranchise and any of the foregoing has or could reasonably be expected to have a Material Adverse Effect; or
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Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of any the Borrower or any Subsidiary, or any the Borrower or any Subsidiary for any reason loses any material license, permit or franchise, or any the 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 1 contract
Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of any the Borrower or any Subsidiary, or any the Borrower or any Subsidiary for any reason loses any material license, permit or franchise, or any the 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 1 contract
Loss of Licenses. Any Governmental Authority revokes shall revoke or fails fail to renew any material license, permit or franchise of any Borrower the Company or any Subsidiary, or any Borrower or any Subsidiary the Company shall for any reason loses lose any material license, permit or franchise, franchise or any Borrower or any Subsidiary suffers the Company 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, and any of such could result in a Materially Adverse Effect on the Company; or
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Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of any Borrower the Company or any Subsidiary, or any Borrower the Company or any Subsidiary for any reason loses any material license, permit or franchise, or any 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; orany
Appears in 1 contract
Samples: Credit Agreement (Specialty Equipment Companies Inc)
Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of any Borrower the Company or any Subsidiary, or any Borrower the Company or any Subsidiary for any reason loses any material license, permit or franchise, or any Borrower 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 which is reasonably expected to have a Material Adverse Effect; or
Appears in 1 contract