Common use of Adverse Change in Financial Condition Clause in Contracts

Adverse Change in Financial Condition. The determination in good faith by Lender that a material adverse change has occurred in the financial condition or operations of the any of the Credit Parties, or the Collateral, which change could have a Material Adverse Effect, or otherwise adversely affect the prospect for Lender to fully and punctually realize the full benefits conferred on Lender by this Agreement, or the prospect of repayment of all Obligations.

Appears in 15 contracts

Samples: Consent and Agreement (Pacific Ventures Group, Inc.), Consent and Agreement (Sack Lunch Productions Inc.), Consent and Agreement (Sack Lunch Productions Inc.)

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Adverse Change in Financial Condition. The determination in good faith by the Lender that a material adverse change has occurred in the financial condition or operations of the any of the Credit PartiesParty, or the Collateral, which change could have a Material Adverse Effect, or otherwise adversely affect Effect on the prospect for Lender the Borrower to fully and punctually realize the full benefits conferred on Lender by this Agreement, or the prospect of repayment of all Obligations.

Appears in 14 contracts

Samples: Agreement, Credit Facility Agreement (Cd International Enterprises, Inc.), Credit Facility Agreement (Oncologix Tech Inc.)

Adverse Change in Financial Condition. The determination in good faith by Lender that the Lenderthat a material adverse change has occurred in the financial condition or operations of the any of the Credit PartiesParty, or the Collateral, which change could have a Material Adverse Effect, or otherwise adversely affect Effect on the prospect for Lender to the Borrowerto fully and punctually realize the full benefits conferred on Lender by this Agreement, or the prospect of repayment of all Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Revolutionary Concepts Inc)

Adverse Change in Financial Condition. The determination in good faith by the Lender that a material adverse change has occurred in the financial condition or operations of the any of the Credit PartiesBorrower, or the Collateral, which change could have a Material Adverse Effect, or otherwise adversely affect Effect on the prospect for Lender the Borrower to fully and punctually realize the full benefits conferred on Lender by this Agreement, or the prospect of repayment of all Obligations.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Redfin Network, Inc.)

Adverse Change in Financial Condition. The determination in good faith by Lender that a material adverse change has occurred in the financial condition or operations of the any of the Credit Parties, or the Collateral, which change could have a Material Adverse Effect, or otherwise adversely affect the prospect for Lender to fully and punctually realize the full benefits conferred on Lender by this Agreement, or the prospect of repayment of all Obligations.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Facility Agreement (Intelligent Highway Solutions, Inc.)

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Adverse Change in Financial Condition. The determination in good faith by Lender that a material adverse change has occurred in the financial condition or operations of the any of the Credit PartiesBorrower, or the Collateral, which change could have a Material Adverse Effect, or otherwise adversely affect the prospect for Lender to fully and punctually realize the full benefits conferred on Lender by this Agreement, or the prospect of repayment of all Obligations.

Appears in 1 contract

Samples: Security Agreement (THEDIRECTORY.COM, Inc.)

Adverse Change in Financial Condition. The determination in good faith by the Lender that a material adverse change has occurred in the financial condition or operations of the any of the Credit PartiesParty, or the Collateral, which change could have a Material Adverse Effect, or otherwise adversely affect Effect on the prospect for Lender the Borrower to fully and punctually realize the full benefits conferred on Lender by this Agreement, or the prospect of repayment of all Obligations.. 12.13

Appears in 1 contract

Samples: www.sec.gov

Adverse Change in Financial Condition. The determination in good faith by Lender that a material adverse change has occurred in the financial condition or operations of the any of the Credit PartiesBorrowers, or the Collateral, which change could have a Material Adverse Effect, or otherwise adversely affect the prospect for Lender to fully and punctually realize the full benefits conferred on Lender by this Agreement, or the prospect of repayment of all Obligations.

Appears in 1 contract

Samples: Credit Agreement (Petron Energy II, Inc.)

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