Common use of Security Risks Clause in Contracts

Security Risks. The business premises of Grown Rogue are a target for theft. While Grown Rogue has implemented security measures and continues to monitor and improve its security measures, its cultivation and processing facilities could be subject to break-ins, robberies and other breaches in security. If there was a breach in security and Grown Rogue fell victim to a robbery or theft, the loss of cash, cannabis plants, cannabis oils, cannabis flowers and cultivation and processing equipment could have a material adverse impact on the business, financial condition and results of operation of Grown Rogue.

Appears in 2 contracts

Sources: Definitive Transaction Agreement, Definitive Transaction Agreement