Termination of Business. if any Loan Party ceases any material portion of its business operations as presently conducted; or
Appears in 4 contracts
Samples: Loan and Security Agreement (JetPay Corp), Loan and Security Agreement (JetPay Corp), Loan and Security Agreement (JetPay Corp)
Termination of Business. if Borrower or any Loan Party ceases any material portion of terminates its legal existence or its business operations or ceases to operate as presently conducted; ora going concern.
Appears in 2 contracts
Samples: Credit Agreement (GRANDPARENTS.COM, Inc.), Credit Agreement (GRANDPARENTS.COM, Inc.)
Termination of Business. if any Any Loan Party ceases any material portion of terminates its business operations or ceases to operate as presently conducted; ora going concern. If an individual, the death, incarceration or judicial declaration of incompetency of Borrower.
Appears in 1 contract
