Common use of Loss of License Clause in Contracts

Loss of License. Any Communications License, PUC Authorization of ACC or any Subsidiary thereof shall expire, terminate, be canceled or otherwise lost or any application therefor be rejected, which event could reasonably be expected to have a Material Adverse Effect;

Appears in 2 contracts

Samples: Credit Agreement (Acc Corp), Credit Agreement (Acc Corp)

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Loss of License. Any Communications License, License or PUC Authorization of ACC or any Subsidiary thereof shall expire, terminate, be canceled or otherwise lost or any application therefor be rejected, which event could reasonably be expected to have a Material Adverse Effect;.

Appears in 1 contract

Samples: Credit Agreement (Acc Corp)

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Loss of License. Any Communications License, License or PUC Authorization of ACC any Borrower or any Subsidiary thereof shall expire, terminate, be canceled or otherwise lost or any application therefor be rejected, which event could reasonably be expected to have a Material Adverse Effect;.

Appears in 1 contract

Samples: Credit Agreement (Ct Communications Inc /Nc)

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