Common use of Regulatory Noncompliance Clause in Contracts

Regulatory Noncompliance. Any Borrower or any Material Subsidiary fails to comply in any material respect with any of the terms and provisions of any material license, permit or regulation issued by the DOE or of any Governmental Authority; or

Appears in 4 contracts

Samples: Credit Agreement (Corinthian Colleges Inc), Credit Agreement (Corinthian Colleges Inc), Credit Agreement (Corinthian Colleges Inc)

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Regulatory Noncompliance. Any The Borrower or any Material Subsidiary fails to comply in any material respect with any of the terms and provisions of any material license, permit or regulation issued by the DOE or of any Governmental Authority; or

Appears in 1 contract

Samples: Credit Agreement (Career Education Corp)

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