Common use of No Activities Leading to Forfeiture Clause in Contracts

No Activities Leading to Forfeiture. Neither the Borrowers nor any of their respective Subsidiaries or Affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding.

Appears in 4 contracts

Samples: Credit Agreement (Tridex Corp), Credit Agreement (Tridex Corp), Credit Agreement (Tridex Corp)

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No Activities Leading to Forfeiture. Neither the Borrowers Borrower nor any of their respective its Subsidiaries or Affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding.

Appears in 2 contracts

Samples: Credit Agreement (Transact Technologies Inc), Credit Agreement (Conmed Corp)

No Activities Leading to Forfeiture. Neither the Borrowers Borrower nor any of their respective its Significant Subsidiaries or Affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding.

Appears in 2 contracts

Samples: Credit Agreement (Seneca Foods Corp /Ny/), Credit Agreement (Seneca Foods Corp /Ny/)

No Activities Leading to Forfeiture. Neither the Borrowers Borrower nor any of their respective its Subsidiaries or Affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding, which would, individually or in the aggregate, materially and adversely affect the business, operations, assets or financial condition of the Borrower or any of its Subsidiaries.

Appears in 2 contracts

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

No Activities Leading to Forfeiture. Neither None of the Borrowers nor any of their respective Subsidiaries or Affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding.

Appears in 1 contract

Samples: Credit Agreement (Biscayne Apparel Inc /Fl/)

No Activities Leading to Forfeiture. Neither the Borrowers Borrower nor any of their respective its Subsidiaries or Affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could is reasonably expected to result in a Forfeiture Proceeding.

Appears in 1 contract

Samples: Credit Agreement (Nfo Worldwide Inc)

No Activities Leading to Forfeiture. Neither the Borrowers such Borrower nor any of their respective its Subsidiaries or domestic Affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding.

Appears in 1 contract

Samples: Credit Agreement (Amscan Holdings Inc)

No Activities Leading to Forfeiture. Neither the Borrowers ----------------------------------- Borrower nor any of their respective its Subsidiaries or Affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could cold result in a Forfeiture Proceeding.

Appears in 1 contract

Samples: Credit Agreement (Mercator Software Inc)

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No Activities Leading to Forfeiture. Neither None of the Co-Borrowers nor any of their respective Subsidiaries or Affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding.

Appears in 1 contract

Samples: Credit Agreement (Olsten Corp)

No Activities Leading to Forfeiture. Neither the Borrowers Borrower nor any of their respective its Subsidiaries or Affiliates affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding.

Appears in 1 contract

Samples: Credit Agreement (Conmed Corp)

No Activities Leading to Forfeiture. Neither the Borrowers nor any of their respective Subsidiaries or Affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding.. 36 35

Appears in 1 contract

Samples: Credit Agreement (Transact Technologies Inc)

No Activities Leading to Forfeiture. Neither the Borrowers Borrower nor any of their respective its Subsidiaries or Affiliates shall engage in or propose to be engaged in the conduct of any business or activity which could result in a Forfeiture Proceeding.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Liberty Corp)

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