Common use of Revocation of approval Clause in Contracts

Revocation of approval. Either (i) any Governmental Approval of the Borrower to operate its business, shall be revoked, rescinded, restricted, overruled, withdrawn or otherwise cease to be in full force and effect or shall not be duly performed, as the case may be, in a manner which materially adversely affects the business, consolidated financial position, results of operations or prospects of the Borrower, or (ii) any Governmental Approval or any other act, necessary to enable the Borrower to comply with its payment obligations under this Agreement shall be revoked, rescinded, restricted, overruled, withdrawn or otherwise cease to be in full force and effect, or shall not be duly performed, as the case may be;

Revocation of approval. Either Either (i) any Governmental Approval GOVERNMENTAL APPROVAL of the Borrower BORROWER to operate its business, shall be revoked, rescinded, restricted, overruled, withdrawn or otherwise cease to be in full force and effect or shall not be duly performed, as the case may be, in a manner which materially adversely affects the business, consolidated financial position, results of operations or prospects of the BorrowerBORROWER, or (ii) any Governmental Approval GOVERNMENTAL APPROVAL or any other act, necessary to enable the Borrower BORROWER to comply with its payment obligations under this Agreement AGREEMENT shall be revoked, rescinded, restricted, overruled, withdrawn or otherwise cease to be in full force and effect, or shall not be duly performed, as the case may be;