Indictment. The indictment of any Loan Party, under any Applicable Law where the crime alleged would constitute a felony under Applicable Law and such indictment remains unquashed or such legal process remains undismissed for a period of 90 days or more, unless the Administrative Agent, in its reasonable discretion, determines that the indictment is not material; or
Appears in 2 contracts
Sources: Credit Agreement (Foot Locker Inc), Credit Agreement (Foot Locker Inc)
Indictment. The indictment of any Loan Party, under any Applicable Law where the crime alleged would constitute a felony under Applicable Law and such indictment remains unquashed or such legal process remains undismissed for a period of 90 sixty (60) days or more, unless either the Administrative Agent, in its reasonable discretion, determines that the indictment is not material; or
Appears in 2 contracts
Sources: Credit Agreement (Books a Million Inc), Credit Agreement (Books a Million Inc)
Indictment. The indictment of any Loan Party, under any Applicable Law where the crime alleged would constitute a felony under Applicable Law and such indictment remains unquashed or such legal process remains undismissed for a period of 90 sixty (60) days or more, unless the Administrative Agent, in its reasonable discretion, determines that the indictment is not material; or
Appears in 2 contracts
Sources: Credit Agreement (Revolve Group, Inc.), Credit Agreement (Advance Holdings, LLC)
Indictment. The indictment of any Loan Party, under any Applicable Law where the crime alleged would constitute a felony under Applicable Law and such indictment remains unquashed or such legal process remains undismissed for a period of 90 ninety (90) days or more, unless either (i) the Administrative Agent, in its commercially reasonable discretion, determines that the indictment is not material; ormaterial or (ii) such indictment relates to the Lead Borrower’s stock option practices.
Appears in 1 contract
Indictment. The indictment of any Loan Party, under any Applicable Law where the crime alleged would constitute a felony under Applicable Law and such indictment remains unquashed or such legal process remains undismissed for a period of 90 thirty (30) days or more, unless the Administrative Agent, in its reasonable discretion, determines that the indictment is not material; or.
Appears in 1 contract
Indictment. The indictment of, or institution of any legal process or proceeding against, any Loan Party, under any Applicable applicable Law where the crime alleged would constitute for a felony under Applicable Law and such indictment remains unquashed or such legal process processproceeding remains undismissed for a period of 90 days or more, unless the Administrative Agent, in its reasonable discretion, determines that the such indictment or legal process is not material; or
Appears in 1 contract
Sources: Credit Agreement (Foot Locker, Inc.)
Indictment. The indictment of any Loan Party, under any Applicable Law where the crime alleged would constitute a felony under Applicable Law and such indictment remains unquashed or such legal process remains undismissed for a period of 90 ninety (90) days or more, unless either (i) the Administrative Agent, in its reasonable discretion, determines that the indictment is not material; ormaterial or (ii) such indictment relates to the Lead Borrower’s stock option practices.
Appears in 1 contract
Indictment. The indictment of any Loan Party, under any Applicable Law where the crime alleged would constitute a felony under Applicable Law and such indictment remains unquashed or such legal process remains undismissed for a period of 90 days or more, unless either (i) the Administrative Agent, in its reasonable discretion, determines that the indictment is not material; ormaterial or (ii) such indictment relates to the Lead Borrower’s stock option practices.
Appears in 1 contract
Indictment. The indictment of, or institution of any legal process or proceeding against, any Loan Party, under any Applicable applicable Law where the crime alleged would constitute for a felony under Applicable Law and such indictment remains unquashed or such legal process proceeding remains undismissed for a period of 90 days or more, unless the Administrative Agent, in its reasonable discretion, determines that the such indictment or legal process is not material; or
Appears in 1 contract
Sources: Credit Agreement (Foot Locker, Inc.)