Common use of Termination of Existence Clause in Contracts

Termination of Existence. The dissolution or termination of existence of any Borrower or any Subsidiary thereof, but only to the extent not permitted under Section 11.3(a); or

Appears in 3 contracts

Samples: Credit and Security Agreement (Peak Resorts Inc), Credit and Security Agreement (Peak Resorts Inc), Credit and Security Agreement (Hawk Corp)

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Termination of Existence. The dissolution or termination of existence of any Borrower or any Subsidiary thereofBorrower, but only to the extent not permitted under Section 11.3(a); or

Appears in 2 contracts

Samples: Restructure Agreement (Peak Resorts Inc), Master Credit and Security Agreement (Peak Resorts Inc)

Termination of Existence. The dissolution or termination of existence of any Borrower Borrower, any Subsidiary of a Borrower, or any Subsidiary thereofBorrower Guarantor of the Obligations, but only to the extent not permitted under Section 11.3(a7.3(a); or

Appears in 1 contract

Samples: Credit and Security Agreement (Instron Lawrence Corp)

Termination of Existence. The dissolution or termination of existence of any the Borrower or any Subsidiary thereof, but only to the extent not Guarantor unless permitted under Section 11.3(a7.3(a); or

Appears in 1 contract

Samples: Credit and Security Agreement (Ceres Group Inc)

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Termination of Existence. The dissolution or termination of existence of any the Borrower or any Subsidiary thereofGuarantor, but only to the extent not permitted under Section 11.3(a8.3(a); or

Appears in 1 contract

Samples: Credit and Security Agreement (Olympic Steel Inc)

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