Common use of Adverse Effects Clause in Contracts

Adverse Effects. The Awardee shall forfeit or otherwise be deprived of its charter, articles of organization, franchises, permits, easements, consents or licenses required to carry on any material portion of its business or the Awardee files for or an event occurs which can reasonably be expected to result in its dissolution or termination;

Appears in 11 contracts

Sources: Loan and Security Agreement (OLD MARKET CAPITAL Corp), Loan and Security Agreement, Grant and Security Agreement

Adverse Effects. The Awardee Awardees shall forfeit or otherwise be deprived of its their charter, articles of organization, franchises, permits, easements, consents or licenses required to carry on any material portion of its their business or the Awardee Awardees files for or an event occurs which can reasonably be expected to result in its their dissolution or termination;

Appears in 1 contract

Sources: Broadband Initiatives Program Loan/Grant and Security Agreement