Common use of Cessation of Business Clause in Contracts

Cessation of Business. An Obligor ceases, or threatens to cease, all or a substantial part of its business (as carried on the date of this Agreement).

Appears in 9 contracts

Samples: Facility Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.), Assignment Agreement (Vaalco Energy Inc /De/)

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Cessation of Business. An Any Obligor ceases, ceases (or threatens in writing to cease, ) to carry on all or a substantial part of its business (other than as carried on a result of a merger or intra-group reorganisation permitted under the date terms of this Agreement).

Appears in 7 contracts

Samples: Agreement (Luxottica Group Spa), Facility Agreement (Luxottica Group Spa), Bridge Facility Agreement (Luxottica Group Spa)

Cessation of Business. An an Obligor ceases, or threatens to cease, to conduct all or a substantial part of its business (as carried on the date of this Agreement).business; or

Appears in 5 contracts

Samples: General Terms And, General Terms And, General Terms And

Cessation of Business. An Any Obligor ceases, or threatens to cease, to carry on all or a substantial part of its business (as carried on the date of this Agreement)business.

Appears in 4 contracts

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp), Borrowing Base Facility Agreement (Transglobe Energy Corp), Agreement (Cousin Acquisition Inc)

Cessation of Business. An Obligor ceases, or threatens to cease, to carry on all or a substantial part of its business (as carried on the date of this Agreement)business.

Appears in 3 contracts

Samples: Loan Agreement (Euroseas Ltd.), Agreement (Solutia Inc), Agreement (Carrizo Oil & Gas Inc)

Cessation of Business. An Obligor ceases, or threatens to cease, all or a substantial part of its business (as carried on at the date of this Agreement).

Appears in 3 contracts

Samples: And Restatement Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

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Cessation of Business. An Obligor ceases, or threatens or proposes to cease, to carry on all or a substantial part of its business (as carried on the date of this Agreement).business, except:

Appears in 3 contracts

Samples: Facility Agreement (Octel Corp), Facility Agreement (Octel Corp), Loan Agreement (Octel Corp)

Cessation of Business. An Obligor ceases, or threatens to cease, all or a substantial part of its business (as carried on the date of this the Facility Agreement).

Appears in 3 contracts

Samples: Intercompany Loan Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)

Cessation of Business. An Obligor ceases, or threatens to cease, all or a substantial part of its business (as carried on the date of this Agreement)) other than pursuant to a DGE Rationalisation Event.

Appears in 2 contracts

Samples: Agreement (Kosmos Energy Ltd.), Kosmos Energy Ltd.

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