Common use of Adverse Change, Approvals Clause in Contracts

Adverse Change, Approvals. (a) On or prior to the Initial Borrowing Date, nothing shall have occurred (and neither the Administrative Agent nor any Lender shall have become aware of any facts or conditions not previously known) which the Administrative Agent or the Required Lenders shall determine has had, or could reasonably be expected to have, (i) a Material Adverse Effect or (ii) a material adverse effect on the Transaction.

Appears in 4 contracts

Samples: Credit Agreement (First Horizon Pharmaceutical Corp), Credit Agreement (Nuco2 Inc /Fl), Credit Agreement (First Horizon Pharmaceutical Corp)

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Adverse Change, Approvals. (a) On or prior to the Initial Borrowing Date, nothing shall have occurred (and neither the Administrative Agent nor any Lender shall have become aware of any facts or conditions not previously known) which the Administrative Agent or the Required Lenders shall determine determine, either individually or in the aggregate, has had, or could reasonably be expected to have, (i) a Material Adverse Effect or (ii) a material adverse effect on the Transaction.

Appears in 1 contract

Samples: Credit Agreement (Duratek Inc)

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