Common use of Government Approval Clause in Contracts

Government Approval. Any approval, authorization, consent or registration of a Governmental Authority that is at any time necessary to enable the Company to comply with any of its obligations under any of the Loan Documents is revoked, withdrawn, withheld or otherwise not in full force and effect and is not reinstated to the satisfaction of the Lender within the earlier of (i) ten (10) days after such revocation, withdrawal, withholding or other loss of effectiveness or (ii) the third (3rd) Business Day before the day in which it shall be required to enable the Company to comply with its obligations under the Loan Documents; or

Government Approval. Any approval, authorization, consent or registration of a Governmental Authority that is at any time necessary to enable the Company to comply with any of its obligations under any of the Loan Documents is revoked, withdrawn, withheld or otherwise not in full force and effect and is not reinstated to the satisfaction of the Lender Majority Lenders within the earlier of (i) ten (10) days after such revocation, withdrawal, withholding or other loss of effectiveness or (ii) the third (3rd) Business Day before the day in which it shall be required to enable the Company to comply with its obligations under the Loan Documents; or