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 Guarantor, or in any collateral securing the Obligations; or (ii) the Lender in good f▇▇▇▇ ▇▇▇▇▇ itself insecure.

Appears in 1 contract

Sources: Credit Agreement (New Age Beverages Corp)

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 Lender in good f▇▇▇▇ ▇▇▇▇▇ itself insecure.

Appears in 1 contract

Sources: Loan and Security Agreement (Entrade Inc)

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 Lender Bank in good f▇▇▇▇ ▇▇▇▇▇ itself insecure.

Appears in 1 contract

Sources: Revolving Credit Note (Park City Group Inc)

Adverse Change; Insecurity. (i) There is a material adverse change in the business, properties, financial condition or affairs of the Borrower or Guarantorany guarantor, or in any collateral Collateral securing the Obligations; or (ii) the Lender Bank in good f▇▇▇▇ ▇▇▇▇▇ itself insecure.

Appears in 1 contract

Sources: Revolving Credit Agreement (Sonic Foundry Inc)

Adverse Change; Insecurity. (i) There is 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 Lender Bank in good f▇▇▇▇ ▇▇▇▇▇ itself Itself insecure.

Appears in 1 contract

Sources: Revolving Credit Agreement (Rochester Medical Corporation)

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

Appears in 1 contract

Sources: Loan and Security Agreement (Insurance Acquisition Corp.)

Adverse Change; Insecurity. (i) There 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 Lender Bank in good f▇▇▇▇ ▇▇▇▇▇ faith deems itself insecure.

Appears in 1 contract

Sources: Term Loan Agreement (Oakridge Holdings Inc)