Common use of No Loss of Material Agreements and Licenses Clause in Contracts

No Loss of Material Agreements and Licenses. Since September 30, 2004, no agreement or license relating to the business, operations or employee relations of the Borrower or any of its Properties shall have been terminated, modified, revoked, breached or declared to be in default, the termination, modification, revocation, breach or default under which, in the reasonable judgment of the Administrative Agent, would result in a Material Adverse Effect.

No Loss of Material Agreements and Licenses. Since September 30, 20042005, no agreement or license relating to the business, operations or employee relations of the Borrower or any of its Properties shall have been terminatedtermi­nated, modified, revoked, breached or declared to be in default, the termination, modification, revocation, breach or default under which, in the reasonable judgment of the Administrative Agent, would result in a Material Adverse Effect.

No Loss of Material Agreements and Licenses. Since September 30------------------------------------------- December 31, 20041996, no agreement or license relating to the business, operations or employee relations of the Borrower or any of its Real Properties shall have been terminated, modified, revoked, breached or declared to be in default, the termination, modification, revocation, breach or default under which, in the reasonable judgment of the Administrative Agent and the Documentation Agent, would result in a Material Adverse Effect.

No Loss of Material Agreements and Licenses. Since September 30December 31, 2004------------------------------------------- 1998, no agreement or license relating to the business, operations or employee relations of the Borrower or any of its Real Properties shall have been terminated, modified, revoked, breached or declared to be in default, the termination, modification, revocation, breach or default under which, in the reasonable judgment of the Administrative Agent, would result in a Material Adverse Effect.

No Loss of Material Agreements and Licenses. Since September June 30, 20042000, ------------------------------------------- no agreement or license relating to the business, operations or employee relations of the Borrower or any of its Properties shall have been terminated, modified, revoked, breached or declared to be in default, the termination, modification, revocation, breach or default under which, in the reasonable judgment of the Administrative Agent, would result in a Material Adverse Effect.

No Loss of Material Agreements and Licenses. Since September ------------------------------------------- 30, 20041997, no agreement or license relating to the business, operations or employee relations of the Borrower or any of its Real Properties shall have been terminated, modified, revoked, breached or declared to be in default, the termination, modification, revocation, breach or default under which, in the reasonable judgment of the Administrative Agent and the Documentation Agent, would result in a Material Adverse Effect.

No Loss of Material Agreements and Licenses. Since September 30December 31, 20042002, no agreement or license relating to the business, operations or employee relations of the Borrower or any of its Properties shall have been terminated, modified, revoked, breached or declared to be in default, the termination, modification, revocation, breach or default under which, in the reasonable judgment of the Administrative Agent, would result in a Material Adverse Effect.

No Loss of Material Agreements and Licenses. Since September 30December 31, 20042001, no agreement or license relating to the business, operations or employee relations of the Borrower or any of its Properties shall have been terminated, modified, revoked, breached or declared to be in default, the termination, modification, revocation, breach or default under which, in the reasonable judgment of the Administrative Agent, would result in a Material Adverse Effect.

No Loss of Material Agreements and Licenses. Since September 30March 31, 20041999, no agreement or license relating to the business, operations or employee relations of the Borrower or any of its Properties shall have been terminated, modified, revoked, breached or declared to be in default, the termination, modification, revocation, breach or default under which, in the reasonable judgment of the Administrative Payment and Disbursement Agent, would result in a Material Adverse Effect.

No Loss of Material Agreements and Licenses. Since September 30, 2004------------------------------------------- 1999, no agreement or license relating to the business, operations or employee relations of the Borrower or any of its Properties shall have been terminated, modified, revoked, breached or declared to be in default, the termination, modification, revocation, breach or default under which, in the reasonable judgment of the Administrative Agent, would result in a Material Adverse Effect.