Common use of Termination of Business Clause in Contracts

Termination of Business. The Borrower ceases to carry on its main scope of business or there are circumstances which are likely to have this effect.

Appears in 4 contracts

Samples: General Conditions for Credit Facilities, General Conditions for Credit Facilities, General Conditions for Credit Facilities

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Termination of Business. The Borrower ceases or threaten to cease to carry on its main scope of business or there are circumstances which are likely to have this effectmaterially change its business, whether by one or a series of transactions.

Appears in 1 contract

Samples: Eleventh Supplemental Agreement (KNOT Offshore Partners LP)

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