Common use of Adverse Change in Financial Condition Clause in Contracts

Adverse Change in Financial Condition. The determination in good faith by Secured Party that an event has occurred, either in the financial condition or operations of the Company, or the Collateral, or otherwise, which event could have a Material Adverse Effect, or could otherwise adversely affect the prospect for Secured Party to fully and punctually realize the full benefits conferred on Secured Party by this Agreement and the other Transaction Documents.

Appears in 17 contracts

Samples: Security Agreement (Ilustrato Pictures International Inc.), Security Agreement (Sollensys Corp.), Security Agreement (Tribal Rides International Corp.)

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Adverse Change in Financial Condition. The determination in good faith by Secured Party that an event a Material Adverse Change has occurred, either occurred in the financial condition or operations of the Company, or the Collateral, or otherwise, which event change could have a Material Adverse Effect, or could otherwise adversely affect Effect on the prospect for Secured Party to fully and punctually realize the full benefits conferred on Secured Party by this Agreement and the other Transaction DocumentsAgreement.

Appears in 7 contracts

Samples: Security Agreement (Aqualiv Technologies, Inc.), Security Agreement (Aqualiv Technologies, Inc.), Security Agreement (American Natural Energy Corp)

Adverse Change in Financial Condition. The determination in good faith by Secured Party that an event has occurred, either in the financial condition or operations of the CompanyGrantor, or the Collateral, or otherwise, which event could have a Material Adverse Effect, or could otherwise adversely affect the prospect for Secured Party to fully and punctually realize the full benefits conferred on Secured Party by this Agreement and the other Transaction Documents.

Appears in 2 contracts

Samples: Security Agreement (Osl Holdings, Inc.), Securities Purchase Agreement (Preferred Restaurant Brands, Inc.)

Adverse Change in Financial Condition. The determination in good faith by Secured Party that an event a material adverse change has occurred, either occurred in the financial condition or operations of the Company, or the Collateral, or otherwise, which event change could have a Material Adverse Effect, or could otherwise adversely affect material adverse effect on the prospect for Secured Party to fully and punctually realize the full benefits conferred on Secured Party by this Agreement and the other Transaction DocumentsAgreement.

Appears in 1 contract

Samples: Security Agreement (MusclePharm Corp)

Adverse Change in Financial Condition. The determination in good faith by Secured Party that an event has occurred, either in the financial condition or operations of the any Company, or the Collateral, or otherwise, which event could have a Material Adverse Effect, or could otherwise adversely affect the prospect for Secured Party to fully and punctually realize the full benefits conferred on Secured Party by this Agreement and the other Transaction Documents.

Appears in 1 contract

Samples: Security Agreement (Millennium Healthcare Inc.)

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Adverse Change in Financial Condition. The determination in good faith by Secured Party that an event has occurred, either in the financial condition or operations of the CompanyGrantor, or the Collateral, or otherwise, which event could would have a Material Adverse Effect, or could would otherwise adversely affect the prospect for Secured Party to fully and punctually realize the full benefits conferred on Secured Party by this Agreement and the other Transaction Documents.

Appears in 1 contract

Samples: Security Agreement (Mota Group, Inc.)

Adverse Change in Financial Condition. The determination in good faith by Secured Party that an event has occurred, either in the financial condition or operations of the Company, or the Collateral, or otherwise, which event could would have a Material Adverse Effect, or could would otherwise adversely affect the prospect for Secured Party to fully and punctually realize the full benefits conferred on Secured Party by this Agreement and the other Transaction Documents.

Appears in 1 contract

Samples: Security Agreement (Mota Group, Inc.)

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