Criminal Act. Any Borrower or Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material portion of the Collateral.

Appears in 1 contract

Sources: Loan Agreement (CareTrust REIT, Inc.)

Criminal Act. Any ~~Borrower~~ Borrower, any Master Tenant or Guarantor shall be criminally indicted or convicted under any law that could lead to a forfeiture of any material portion of the Collateral.

Appears in 1 contract

Sources: Loan Agreement (Ensign Group, Inc)

Common use of Criminal Act Clause in Contracts