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

Ability of the Borrower 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 and/or the Security Party), which might, in the opinion of the Bank, affect the ability of the Borrower and/or the Security Party to perform the Borrower’s and/or the Security Party’s obligations under this Agreement and/or the Security Documents; or

Ability of the Borrower 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 and/or the Security PartyBorrower), which might, in the opinion of the Bank, affect the ability of the Borrower and/or the Security Party to perform the Borrower’s and/or the Security Party’s his obligations under this Agreement and/or the Security Documents; or