Common use of Adverse Effects Clause in Contracts

Adverse Effects. The Borrower 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 Borrower files for or an event occurs which can reasonably be expected to result in its dissolution or termination;

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