Common use of No Activities Leading to Forfeiture Clause in Contracts

No Activities Leading to Forfeiture. Engage in or propose to be engaged in, or permit any of its Subsidiaries to engage in or propose to be engaged in, the conduct of any business or activity which could result in a Forfeiture Proceeding which could have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Multicare Companies Inc), Credit Agreement (Micro Warehouse Inc), Credit Agreement (Micro Warehouse Inc)

AutoNDA by SimpleDocs

No Activities Leading to Forfeiture. Engage in or propose to be engaged in, or permit any of its Subsidiaries Subsidiary to engage in or propose to be engaged in, the conduct of any business or activity which could result in a Forfeiture Proceeding Proceeding, which could could, individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (Hardinge Inc), Revolving Credit and Term Loan Agreement (Hardinge Inc)

No Activities Leading to Forfeiture. Engage in or propose to be engaged in, or permit any of its Subsidiaries to engage in or propose to be engaged in, the conduct of any business or activity which could result in a Forfeiture Proceeding which could have a Material Adverse EffectProceeding.

Appears in 2 contracts

Samples: Credit Agreement (JLM Industries Inc), Credit Agreement (JLM Industries Inc)

No Activities Leading to Forfeiture. Engage in or propose to be engaged in, or permit the Guarantors or any Subsidiaries of its Subsidiaries the Borrower or the Guarantor to engage in or propose to be engaged in, the conduct of any business or activity which could result in a Forfeiture Proceeding which could have a Material Adverse EffectProceeding.

Appears in 1 contract

Samples: Credit Agreement (Universal American Financial Corp)

AutoNDA by SimpleDocs

No Activities Leading to Forfeiture. Engage in or propose to be engaged in, or permit any of its Subsidiaries to engage in or propose to be engaged in, the conduct of any business or activity which could would reasonably be expected to result in a Forfeiture Proceeding which could have a Material Adverse EffectProceeding.

Appears in 1 contract

Samples: Credit Agreement (Movado Group Inc)

No Activities Leading to Forfeiture. Engage in or propose to be engaged in, cause or permit suffer any of its Subsidiaries or Affiliates to engage in or propose to be engaged in, in the conduct of any business or activity which could are reasonably likely to result in a Forfeiture Proceeding which could have a Material Adverse EffectProceeding.

Appears in 1 contract

Samples: Credit Agreement (Farrel Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!