Revocation of Licenses. In the event any bargaining unit member shall suffer a revocation of professional license because of violations of any Federal, State or local laws by the Employer, the Employer shall provide suitable and continued employment for the bargaining unit member at not less than his or her standard rate of pay at the time of revocation for the entire period of revocation, and the bargaining unit member shall be reinstated to the position held prior to revocation after the license is restored.
Revocation of Licenses. An act occurs which results in the suspension or revocation of the rights, powers, licenses, permits and authorities necessary for the conduct and operation of the business authorized herein for a period of more than thirty (30) days;
Revocation of Licenses. In the event the employees shall suffer a revocation of his license because of violation of any laws by the Employer, the Employer shall provide suitable and continued employment for such employee, at not less than his regular earnings at the time of revocation of license, for the entire period of revocation of license and shall be reinstated in the seniority he held prior to revocation of his license, after his license is restored.
Revocation of Licenses. Upon Default, the Lender may by Notice to the Borrower immediately terminate the Borrower’s licenses under either or both of Sections 4 and 5 of this Assignment, regardless of whether the Real Property or any other collateral adequately secures the Loan’s eventual repayment. Upon the termination of the Borrower’s license under Section 4, the Borrower shall immediately deliver to the Lender all Rents then in the Borrower’s possession, and all Rents then due or accruing thereafter shall be payable by tenants directly to the Lender. This Assignment shall constitute a direction to and full authority to any tenant of the Real Property, upon the Lender’s written request to pay all Rents to the Lender, without requiring the Lender to prove to the tenant the existence of Default. The Borrower agrees to deliver immediately to the Lender any Rents received by the Borrower after the revocation of the Borrower’s license under Section 4, and at the Lender’s written request, shall execute such further assignments to the Lender of any Lease as the Lender may in its sole judgment request. This Assignment is given in connection with the Loan and in support of the performance of the Borrower’s Obligations, and nothmg herein contained shall be construed as (a) constituting the Lender a “mortgagee-in-possession” of the Real Property or (b) an assumption by the Lender of the Borrower’s obligations as landlord under the Leases.
Revocation of Licenses. 26 Section 10.1.5. Transfer of Interest. 26 Section 10.1.6.
Revocation of Licenses. 3.1 PPI and the Assignee agree that the NV License and the PPI License are hereby revoked and of no further force and affect.
Revocation of Licenses. If a license, permit, consent, or authorization, whether governmental or from third parties, required by the Debtor, the Joint Guarantor, or any of the Guarantors under any Law or Contract applicable to enable the Debtor, the Joint Guarantor, or any of the Guarantors to fulfill the obligations undertaken under the Financing Documents, for the validity or enforceability of the Financing Documents, or for the conduct of its business is canceled, revoked, suspended, or adversely amended, and such cancellation, revocation, suspension, or amendment has or may reasonably be expected to have a Material Adverse Effect.
Revocation of Licenses. In the event of any action taken by the licensing agencies which would require the discipline, suspension or termination of employment of an employee, due to the revocation of his/her license or permit or otherwise, any such decision shall be subject to the review and dispute resolution provisions in the licensing and permitting regulations in effect at the time, which shall be the exclusive remedy for any claim arising therefrom. There shall be no grievance or arbitration proceedings pertaining to any such action. In the event that an employee elects to challenge or appeal any action taken by a licensing agency which would affect the employee’s employment status, the Union shall give notice of such challenge or appeal to the Agency. Upon receipt of such notice, the Agency shall place the employee on suspension pending the resolution of the appeal or challenge. If the appeal or challenge is sustained, such that the employee remains eligible for employment, he or she shall be returned to the position previously held, without back pay or benefits, but with no loss in seniority.
Revocation of Licenses. All laws of the United States relating to un- lawful restraints and monopolies and to combi- nations, contracts, or agreements in restraint of trade are declared to be applicable to the manu- facture and sale of and to trade in radio appara- tus and devices entering into or affecting inter- state or foreign commerce and to interstate or foreign radio communications. Whenever in any suit, action, or proceeding, civil or criminal, brought under the provisions of any of said laws or in any proceedings brought to enforce or to
Revocation of Licenses. 12 2.4.4 Liability........................................................ 13 2.5
