Common use of Adverse Change, etc Clause in Contracts

Adverse Change, etc. From August 21, 1996 to the Restatement Effective Date, nothing shall have occurred (and neither the Banks nor the Agent shall have become aware of any facts or conditions not previously known) which the Agent or the Required Banks shall determine (a) has, or is reasonably likely to have, a material adverse effect on the rights or remedies of the Banks or the Agent, or on the ability of the Borrower to perform its obligations to them, or (b) has, or is reasonably likely to have, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Universal Outdoor Holdings Inc), Credit Agreement (Universal Outdoor Inc)

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Adverse Change, etc. From August 21, 1996 to On the Restatement Effective Date, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of any facts or conditions not previously known) which the Administrative Agent or the Required Banks shall determine (ai) has, or is reasonably likely to have, a material adverse effect on the rights or remedies of the Banks or the Administrative Agent, or on the ability of the Borrower Credit Parties to perform its their obligations to them, or (bii) has, or is reasonably likely to have, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Geo Specialty Chemicals Inc), Credit Agreement (Geo Specialty Chemicals Inc)

Adverse Change, etc. From August 21, 1996 On or prior to the Restatement Effective Date, nothing shall have occurred (and neither the Banks nor the Agent shall have become aware of any facts or conditions not previously known) which the Agent Required Banks or the Required Banks Agent shall determine (a) has, or is could reasonably likely be expected to have, a material adverse effect on the rights or remedies of the Banks or the Agent, or on the ability of the Borrower any Credit Party to perform its obligations to them, them hereunder or under any other Credit Document or (b) has, or is could reasonably likely be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Waters Corp /De/)

Adverse Change, etc. From August 211, 1996 to the Restatement Effective Date, nothing shall have occurred (and neither the Banks nor the Agent shall have become aware of any facts or conditions not previously known) which the Agent or the Required Banks shall reasonably determine (ai) has, or is would reasonably likely be expected to have, a material adverse effect on the rights or remedies of the Banks or the AgentAgent under this Agreement or any other Credit Document, or on the ability of the either Borrower to perform its respective obligations to them, or (bii) has, or is would reasonably likely be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Reltec Corp)

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Adverse Change, etc. From August 21, 1996 to On the Restatement Effective Date, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of any facts or conditions not previously known) which the Administrative Agent or the Required Banks shall determine (a) has, or is reasonably likely to have, a material adverse effect on the rights or remedies of the Banks or the Administrative Agent, or on the ability of the Borrower Credit Parties to perform its their obligations to them, or (b) has, or is reasonably likely to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Town Sports International Inc)

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