Adverse Change in Financial Condition. The reasonable determination in good faith by Lender that a change having a Material Adverse Effect has occurred in the financial condition of Borrowers from the conditions set forth in the most recent financial statement of Borrowers heretofore furnished to Lender or from the financial condition of Borrowers as heretofore most recently disclosed to Lender in any other manner.
Appears in 2 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (New Source Energy Partners L.P.)
Adverse Change in Financial Condition. The reasonable determination in good faith by Lender that a change having a Material Adverse Effect has occurred in the financial condition of Borrowers Borrower from the conditions set forth in the most recent financial statement of Borrowers Borrower heretofore furnished to Lender or from the financial condition of Borrowers Borrower as heretofore most recently disclosed to Lender in any other manner.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mammoth Energy Partners LP), Loan and Security Agreement (Mammoth Energy Partners LP)