Common use of Title IV Compliance Clause in Contracts

Title IV Compliance. Except to the extent any of the following actions, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, the Company and (i) each of its Subsidiaries with annual revenues of more than $15,000,000 and (ii) its Subsidiaries representing no less than 85% of the aggregate annual revenues of the Company and its Subsidiaries on a consolidated basis shall:

Appears in 4 contracts

Samples: Credit Agreement (Career Education Corp), Credit Agreement (Career Education Corp), Credit Agreement (Career Education Corp)

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