Common use of Regulatory Proceedings Clause in Contracts

Regulatory Proceedings. The commencement of any rulemaking or disciplinary proceeding or the promulgation of any proposed or final rule which would have, or may reasonably be expected to have, a Material Adverse Effect; the receipt of notice from any Governmental Authority having jurisdiction over Borrower that (i) Borrower is being placed under regulatory supervision, (ii) any license, Permit, charter, membership or registration material to the conduct of Borrower’s business or the Mortgaged Properties is to be suspended or revoked or (iii) Borrower is to cease and desist any practice, procedure or policy employed by Borrower in the conduct of its business, and such cessation would have, or may reasonably be expected to have, a Material Adverse Effect;

Regulatory Proceedings. The commencement of any rulemaking or disciplinary proceeding or the promulgation of any proposed or final rule which would have, or may reasonably be expected to have, a Material Adverse Effect; the receipt of notice from any Governmental Authority having jurisdiction over Borrower or Sunrise that (i) Borrower is being placed under regulatory supervision, (iiA) any license, Permit, charter, membership or registration material to the conduct of Borrower’s 's or Sunrise's business or the Mortgaged Properties is to be has been suspended or revoked or (iiiB) Borrower is or Sunrise has been required to cease and desist any practice, procedure or policy employed by Borrower or Sunrise in the conduct of its business, and such cessation would have, or may reasonably be expected to have, a Material Adverse Effect;

Regulatory Proceedings. The commencement of any rulemaking or disciplinary proceeding or the promulgation of any proposed or final rule which would have, or may reasonably be expected to have, a Material Adverse Effect; the receipt of notice from any Governmental Authority having jurisdiction over Borrower that (iA) Borrower is being placed under regulatory supervision, (iiB) any license, Permit, charter, membership or registration material to the conduct of Borrower’s 's business or the Mortgaged Properties is to be suspended or revoked or (iiiC) Borrower is to cease and desist any practice, procedure or policy employed by Borrower in the conduct of its business, and such cessation would have, or may reasonably be expected to have, a Material Adverse Effect;