Common use of Adverse Change; Insecurity Clause in Contracts

Adverse Change; Insecurity. (i) There is a material adverse change in the business, properties, financial condition or affairs of the Borrower or any Guarantor, or in any collateral securing the Obligations; or (ii) the Bank in good faith deems itself insecure.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Nautilus Group Inc), Revolving Credit Note (Hmi Industries Inc)

AutoNDA by SimpleDocs

Adverse Change; Insecurity. (i) There is a material adverse change in the business, properties, financial condition or affairs of the Borrower or any Guarantor, or in any collateral securing the Obligations; or (ii) the Bank in good faith deems itself faixx xxxxx xxself insecure.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hmi Industries Inc)

AutoNDA by SimpleDocs

Adverse Change; Insecurity. (i) There is a material adverse change in the business, properties, financial condition or affairs of the Borrower or any Guarantor, or in any collateral securing the Obligations; , or (ii) the Bank in good faith deems xxxxx xxxxx itself insecure.

Appears in 1 contract

Samples: Revolving Credit Agreement (Universal Manufacturing Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!