Common use of Loss of Licenses Clause in Contracts

Loss of Licenses. Any Governmental Authority revokes or fails to renew any license, permit or franchise of the Company or any Subsidiary, or the Company or any Subsidiary for any reason loses any license, permit or franchise, or the Company or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any license, permit or franchise, in each case to the extent that the same individually, collectively or cumulatively, does or would reasonably be expected to have a Material Adverse Effect; or

Appears in 4 contracts

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

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Loss of Licenses. Any Governmental Authority revokes or fails to renew any license, permit or franchise of the Company or any Subsidiary, or the Company or any Subsidiary for any reason loses any license, permit or franchise, or the Company or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any license, permit or franchise, in each case franchise and all appeal periods with respect to such revocation shall have expired except for any of the extent that the same individually, collectively or cumulatively, does or would foregoing which could not reasonably be expected to have a Material Adverse Effect; or

Appears in 3 contracts

Samples: Credit Agreement (Labone Inc/), Credit Agreement (Labone Inc/), Credit Agreement (Labone Inc/)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any license, permit or franchise of the Company or any Restricted Subsidiary, or the Company or any Restricted Subsidiary for any reason loses any license, permit or franchise, or the Company or any Restricted Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any license, permit or franchise, in each case to the extent that the same individuallysuch revocation, collectively such failure of renewal, such loss, or cumulatively, does or would such imposition could reasonably be expected to have a Material Adverse Effect; or

Appears in 2 contracts

Samples: Credit Agreement (Premcor Refining Group Inc), Credit Agreement (Clark Refining & Marketing Inc)

Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of Holdings, the Company or any Subsidiary, or Holdings, the Company or any Material Subsidiary for any reason loses any material license, permit or franchise, or Holdings, the Company or any Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchisefranchise if such revocation, in each case failure to the extent that the same individuallyrenew, collectively loss or cumulatively, does or would reasonably imposition could be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (Eps Solutions Corp)

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Loss of Licenses. Any Governmental Authority revokes or fails to renew any material license, permit or franchise of the Company or any Material Subsidiary, or the Company or any Material Subsidiary for any reason loses any material license, permit or franchise, or the Company or any Material Subsidiary suffers the imposition of any restraining order, escrow, suspension or impound of funds in connection with any proceeding (judicial or administrative) with respect to any material license, permit or franchise, in each case and such revocations, failure to the extent that the same individuallyrenew, collectively loss or cumulatively, does imposition has or would reasonably be expected to have a Material Adverse Effect; or

Appears in 1 contract

Samples: Credit Agreement (National Surgery Centers Inc \De\)

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