Common use of Restraint on Business Clause in Contracts

Restraint on Business. any Borrower shall be prohibited or otherwise restrained from conducting the business theretofore conducted by it at any of the Healthcare Facilities in any manner that has or could reasonably be expected to have or result in a Material Adverse Effect by virtue of any determination, ruling, decision, decree, ordinance, or order of any court of competent jurisdiction, Governmental Authority, or municipality;

Appears in 3 contracts

Samples: Credit Agreement (Clarient, Inc), Credit Agreement (Clarient, Inc), Credit Agreement (Prospect Medical Holdings Inc)

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Restraint on Business. any Borrower shall be prohibited or otherwise restrained from conducting the business theretofore conducted by it at any of the Healthcare Facilities in any manner that has or could reasonably be expected to have or result in a Material Adverse Effect by virtue of any determination, ruling, decision, decree, ordinance, ordinance or order of any court of competent jurisdiction, Governmental Authority, Authority or municipality;

Appears in 2 contracts

Samples: Credit Agreement (Enzo Biochem Inc), Credit Agreement (Assisted 4 Living, Inc.)

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Restraint on Business. any Any Borrower shall be prohibited or otherwise restrained from conducting the business theretofore conducted by it at any of the Healthcare Facilities in any manner that has or could reasonably be expected to have or result in a Material Adverse Effect by virtue of any determination, ruling, decision, decree, ordinance, or order of any court of competent jurisdiction, Governmental Authority, or municipality;

Appears in 1 contract

Samples: Credit Agreement (Adcare Health Systems, Inc)

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