Common use of Revocation or Modification of consents etc Clause in Contracts

Revocation or Modification of consents etc. if any consent, licence, approval, authorisation, filing, registration or other requirement of any governmental, judicial or other public body or authority which is now, or which at any time during the Facility Period becomes, necessary to enable any of the Security Parties to comply with any of their obligations in or pursuant to any of the Security Documents is not obtained or is revoked, suspended, withdrawn or withheld, or is modified in a manner which the Agent considers is, or may be, prejudicial to the interests of the Banks, or ceases to remain in full force and effect; or

Appears in 2 contracts

Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (Mc Shipping Inc)

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Revocation or Modification of consents etc. if any consent, licence, approval, authorisation, filing, registration or other requirement of any governmental, judicial or other public body or authority which is now, or which at any time during the Facility Period becomes, necessary to enable any of the Security Parties to comply with any of their obligations in or pursuant to any of the Security Documents is not obtained or is revoked, suspended, withdrawn or withheld, or is modified in a manner which the Agent considers Agents consider is, or may be, prejudicial to the interests of the Banks, Banks or ceases to remain in full force and effect; or

Appears in 1 contract

Samples: Loan Agreement (Sea Containers LTD /Ny/)

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Revocation or Modification of consents etc. if any consent, licence, approval, authorisation, filing, registration or other requirement of any governmental, judicial or other public body or authority which is now, or which at any time during the Facility Period becomes, necessary to enable any of the Security Parties to comply with any of their obligations in or pursuant to any of the Security Documents is not obtained or is revoked, suspended, withdrawn or withheld, or is modified in a manner which the Agent considers Agents consider is, or may be, prejudicial to the interests of the Banks or the Swap Banks, or ceases to remain in full force and effect; or

Appears in 1 contract

Samples: Loan Agreement (Sea Containers LTD /Ny/)

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