Governmental Investigation. The occurrence of (i) any investigation or seizure made by any Governmental Authority for an actual or alleged violation or breach of Law by the Borrower, or by any director or executive officer thereof that could reasonably be expected to have a Material Adverse Effect or (ii) a revocation, suspension or termination of any license, permit or approval held by the Borrower or any director or executive officer thereof that could reasonably be expected to have a Material Adverse Effect;
Appears in 9 contracts
Samples: Second Lien Credit Agreement (Beneficient), Credit Agreement (Beneficient), Credit Agreement (Beneficient Co Group, L.P.)
Governmental Investigation. The occurrence of (i) any investigation or seizure made by any Governmental Authority for an actual or alleged violation or breach of Law by the Borrower, or by any director or executive officer thereof that could reasonably be expected to have a Material Adverse Effect or (ii) a revocation, suspension or termination of any license, permit or approval held by the Borrower or any director or executive officer thereof that could reasonably be expected to have a Material Adverse Effect;.
Appears in 2 contracts
Samples: Security and Pledge Agreement (GWG Holdings, Inc.), Credit Agreement (GWG Holdings, Inc.)
