Common use of Business Interruptions Clause in Contracts

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Collateral nor operations of any Borrower have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, or any state or local government, or any political subdivision or agency thereof, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances against the business being operated by Borrowers.

Appears in 5 contracts

Samples: Loan and Security Agreement (National Media Corp), Loan and Security Agreement (National Media Corp), Loan and Security Agreement (MRC Group)

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Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Collateral business nor operations of Borrower or any Borrower of its Subsidiaries have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, America or any state or local government, or any political subdivision or agency thereof, directed against such BorrowerBorrower or any of its Subsidiaries. There are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances against the business businesses being operated by BorrowersBorrower or its Affiliates.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Chesapeake Utilities Corp), Credit Agreement (Chesapeake Utilities Corp)

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Collateral nor operations of any Borrower have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, or any state or local government, or any political subdivision or agency thereof, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances against the business being operated by BorrowersBorrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Consolidated Stainless Inc), Loan and Security Agreement (Consolidated Stainless Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Collateral nor property or assets, or operations of any Borrower have has been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America, America or any state or local government, or any political subdivision or agency thereofother Governmental Authority, directed against such Borrower. There are no pending or or, to the Borrower's knowledge, threatened labor disputes, strikes, lockouts lockouts, or similar occurrences or grievances against the business being operated by BorrowersBorrower or its business.

Appears in 1 contract

Samples: Loan and Security Agreement (BMJ Medical Management Inc)

Business Interruptions. Within Except as set forth on Schedule 8.19 hereto, within five (5) years prior to the date hereof, neither the business, Collateral nor operations of any Borrower have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, or any state or local government, or any political subdivision or agency thereof, directed against such that Borrower. There are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances against the business being operated by Borrowersany Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Nobel Education Dynamics Inc)

Business Interruptions. Within five (5) years prior to the date ---------------------------------------- hereof, neither the business, Collateral nor property or assets, or operations of any Borrower have has been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America, America or any state or local government, or any political subdivision or agency thereofother Governmental Authority, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts lockouts, or similar occurrences or grievances against the business being operated by BorrowersBorrower or its business.

Appears in 1 contract

Samples: Loan and Securiiy Agreement (International Nursing Services Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Collateral nor operations of any Borrower or its Affiliates have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, America or any state or local government, or any political subdivision or agency thereof, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances against the business being operated by BorrowersBorrower or its Affiliates.

Appears in 1 contract

Samples: Credit and Security Agreement (Gse Systems Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither the businessBusiness, Collateral nor operations of any Borrower have has been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of AmericaStates, or any state or local government, or any political subdivision or agency thereof, directed against such any Borrower. There are no pending or or, to the Responsible Officer's knowledge, any threatened material labor disputes, strikes, lockouts or similar occurrences or grievances against the business being operated by Borrowersany Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Berger Holdings LTD)

Business Interruptions. Within five (5) years prior to the date hereof, neither the businessBusiness, Collateral nor operations of any Borrower have has been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of AmericaStates, or any state or local government, or any political subdivision or agency thereof, directed against such Borrower. There are no pending or threatened material labor disputes, strikes, lockouts or similar occurrences or grievances against the business being operated by BorrowersBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Access Worldwide Communications Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither none of the business, Collateral nor Property or operations of any Borrower have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, or any state or local government, or any political subdivision or agency thereof, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances against affecting the business being operated by Borrowersany Borrower.

Appears in 1 contract

Samples: Senior Loan and Security Agreement (Interpool Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Collateral nor assets, properties or operations of any Borrower have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, America or any state state, or local government, or any political subdivision or agency thereof, directed against such any Borrower. There To any Borrower's knowledge, there are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances against affecting the business being operated by Borrowers.any Borrower;

Appears in 1 contract

Samples: Loan and Security Agreement (Pia Merchandising Services Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither none of the business, Collateral nor Property or operations of any Borrower have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, or any state or local government, or any political subdivision or agency thereof, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances against affecting the business being operated by BorrowersBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Qk Healthcare Inc)

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Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Collateral nor operations of any the Borrower have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, or any state or local government, or any political subdivision or agency thereof, directed against such the Borrower. There To the Borrower's knowledge, there are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances against the business being operated by Borrowersthe Borrower.

Appears in 1 contract

Samples: Loan Agreement (Fuel Tech N V)

Business Interruptions. Within five (5) years prior to the ----------------------- date hereof, neither the business, Collateral nor property or assets, or operations of any Borrower have has been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America, America or any state or local government, or any political subdivision or agency thereofother Governmental Authority, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts lockouts, or similar occurrences or grievances against the business being operated by BorrowersBorrower or its business.

Appears in 1 contract

Samples: Loan and Security Agreement (Healthcor Holdings Inc)

Business Interruptions. Within five (5) years prior to the ---------------------- date hereof, neither none of the businessbusinesses, Collateral nor properties, or assets, or operations of any Borrower have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America, America or any state or local government, or any political subdivision or agency thereofother Governmental Authority, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts lockouts, or similar occurrences or grievances against the Borrower or its business being operated by Borrowerswhich could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan and Security Agreement (Creditrust Corp)

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Collateral business nor operations of any Borrower or its subsidiaries have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, America or any state or local government, or any political subdivision or agency thereof, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts or similar occurrences or grievances against the business being operated by BorrowersBorrower or its Affiliates.

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Utilities Corp)

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Collateral nor operations of any Borrower have been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, or any state or local government, or any political subdivision or agency thereof, directed against such Borrower. There are no pending or or, to the best of Borrower's knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances against the business being operated by BorrowersBorrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Healthcare Imaging Services Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither the business, Collateral nor property or assets, or operations of any Borrower have has been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, or order of the United States of America, OF America or any state or local government, or any political subdivision or agency thereofother Governmental Authority, directed against such Borrower. There are no pending or threatened labor disputes, strikes, lockouts lockouts, or similar occurrences or grievances against the business being operated by BorrowersBorrower or its business.

Appears in 1 contract

Samples: Loan and Security Agreement (Medical Asset Management Inc)

Business Interruptions. Within five (5) years prior to the date hereof, neither none of the business, Collateral nor Property or operations of any Borrower have has been materially and adversely affected in any way by any casualty, strike, lockout, combination of workers, order of the United States of America, or any state or local government, or any political subdivision or agency thereof, directed against such Borrower. There are no pending or or, to Borrower's knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances against the business being operated by Borrowersaffecting Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Blonder Tongue Laboratories Inc)

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