Common use of Ability of the Borrower/the Security Party to Perform Terms in Security Documents Clause in Contracts

Ability of the Borrower/the Security Party to Perform Terms in Security Documents. Any event(s) has/have occurred, or a situation exists (including but not limited to changes in the financial condition of the Borrower/the Security Party), which might, in the opinion of the Bank, is/are likely to affect the ability of the Borrower/the Security Party to perform the Borrower’s/the Security Party’s obligations under this Agreement and/or the Security Documents; or

Appears in 5 contracts

Samples: Loan Agreement, Conventional Property Financing Facility Agreement, Conventional Property Financing Facility Agreement

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