Common use of Business Interruptions Clause in Contracts

Business Interruptions. Within five (5) years prior to the date hereof, none of the business, Property or operations of 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 Borrower. There are no pending or, to Borrower’s knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting Borrower. No labor contract of Borrower is scheduled to expire prior to the Revolving Credit Maturity Date.

Appears in 4 contracts

Samples: Loan Agreement (Lightpath Technologies Inc), Loan and Security Agreement (KeyStone Solutions, Inc.), Loan and Security Agreement ('Mktg, Inc.')

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Business Interruptions. Within five (5) years prior to the date hereof, none of the business, 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, to Borrowerany Loan Party’s knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting any Borrower. No labor contract of any Borrower is scheduled to expire prior to the Revolving Credit Term Loan Maturity Date.

Appears in 4 contracts

Samples: Loan and Security Agreement (JetPay Corp), Loan and Security Agreement (JetPay Corp), Loan and Security Agreement (JetPay Corp)

Business Interruptions. Within five (5) years prior to the date hereof, none of the business, Property or operations of 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 Borrower. There are no pending or, to Borrower’s knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting Borrower. No labor contract of Borrower is scheduled to expire prior to the Revolving Credit Maturity DateDecember 1, 2015.

Appears in 3 contracts

Samples: Loan and Security Agreement (Newtek Business Services, Inc.), Loan and Security Agreement (Newtek Business Services, Inc.), Loan and Security Agreement (Newtek Business Services Inc)

Business Interruptions. Within five (5) years prior to the date hereof, none of the business, Property or operations of 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 Borrower. There are no pending or, to Borrower’s knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting Borrower. No labor contract of Borrower is scheduled to expire prior to the Revolving Credit Maturity Date.May 16, 2019. 5.13

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Corp.)

Business Interruptions. Within five (5) years prior to the date hereof, none of the business, Property or operations of 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 Borrower. There are no pending or, to Borrower’s 's knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting Borrower. No Except as shown on Schedule “5.12”, no labor contract of Borrower is scheduled to expire prior to the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Loan and Security Agreement (WPCS International Inc)

Business Interruptions. Within five (5) years prior to the date hereof, none of the business, 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, to any Borrower’s knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting any Borrower. No labor contract of any Borrower is scheduled to expire prior to the Revolving Credit Term Loan B Maturity Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Amerinac Holding Corp.)

Business Interruptions. Within five (5) years prior to the date hereof, none of the business, 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, to any Borrower’s knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting any Borrower. No labor contract of any Borrower is scheduled to expire prior to the Revolving Credit Maturity CreditMaturity Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Amerinac Holding Corp.)

Business Interruptions. Within five (5) years prior to the date hereof, none of the business, Property or operations of 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 Borrower. There are no pending or, to Borrower’s knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting Borrower. No labor contract of Borrower is scheduled to expire prior to the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Inc)

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Business Interruptions. Within five (5) years prior to the date hereof, none of the business, Property or operations of 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 Borrower. There are no pending or, to Borrower’s knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting Borrower. No labor contract of Borrower is scheduled to expire prior to the Revolving Credit Maturity DateDecember 1, 2015.May 16, 2019.

Appears in 1 contract

Samples: Loan Documents (Newtek Business Services Corp.)

Business Interruptions. Within five (5) years prior to the date hereof, none of the business, Property or operations of either 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, to either Borrower’s knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting BorrowerBorrowers. No labor contract of either Borrower is scheduled to expire prior to the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Inc)

Business Interruptions. Within five (5) years prior to the date hereof, none of the business, Property or operations of 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 Borrower. There are no pending or, to Borrower’s knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting Borrower. No labor contract of Borrower is scheduled to expire prior to the Revolving Credit Maturity Date.May 167, 20192025. 5.13

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Corp.)

Business Interruptions. Within five (5) years prior to the date hereof, none of the business, Property or operations of 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 Borrower. There are no pending or, to Borrower’s 's knowledge, threatened labor disputes, strikes, lockouts or similar occurrences or grievances affecting Borrower. No labor contract of Borrower is scheduled to expire prior to the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Loan and Security Agreement (American Technical Ceramics Corp)

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