Common use of Adverse Change Clause in Contracts

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 78 contracts

Samples: Commercial Pledge Agreement (CASI Pharmaceuticals, Inc.), Commercial Pledge and Security Agreement (Black Ridge Oil & Gas, Inc.), Commercial Security Agreement (Eaco Corp)

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Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 19 contracts

Samples: Business Loan Agreement (TX Holdings, Inc.), Mortgage (Adcare Health Systems, Inc), Assignment of Rents (Adcare Health Systems, Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 18 contracts

Samples: Business Loan Agreement (Web Press Corp), Commercial Security Agreement (Littlefield Adams & Co), Commercial Security Agreement (Universal Money Centers Inc)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender in good faith believes itself insecure.

Appears in 16 contracts

Samples: Business Loan Agreement (Landmark Bancorp Inc), Commercial Security Agreement (Dolphin Entertainment, Inc.), Commercial Security Agreement (Speedemissions Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender in good faith believes itself insecure.

Appears in 15 contracts

Samples: Commercial Security Agreement (Charge Enterprises, Inc.), Mortgage (Autoscope Technologies Corp), Assignment of Rents (Autoscope Technologies Corp)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender Xxxxxx believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 9 contracts

Samples: Commercial Security Agreement (Better Choice Co Inc.), Commercial Security Agreement (Air T Inc), Commercial Security Agreement (Ourpets Co)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness indebtedness is impaired.

Appears in 9 contracts

Samples: Open End Mortgage (Ohio Art Co), Loan Agreement (Incomnet Inc), Commercial Security Agreement (Pods Inc)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender Xxxxxx believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 7 contracts

Samples: Commercial Pledge Agreement (Landsea Holdings Corp), Security Agreement, Business Loan Agreement (Loyalty Alliance Enterprise Corp)

Adverse Change. A material adverse change occurs in Borrower’s or Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 5 contracts

Samples: Aircraft Security Agreement (Air T Inc), Trustee Aircraft Security Agreement (Air T Inc), Commercial Security Agreement (Adcare Health Systems, Inc)

Adverse Change. A material adverse change occurs in Borrower's or any Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 5 contracts

Samples: Business Loan Agreement (Hancock Park Corporate Income, Inc.), Business Loan Agreement (OFS Capital Corp), Business Loan Agreement (Hancock Park Corporate Income, Inc.)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or condition Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 3 contracts

Samples: Commercial Security Agreement (Credit Concepts Inc), Commercial Security Agreement (Credit Concepts Inc), Commercial Security Agreement (Credit Concepts Inc)

Adverse Change. A material adverse change occurs in Borrower's or Grantor's financial condition, or Lender Xxxxxx believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 3 contracts

Samples: Trustee Aircraft Security Agreement (Air T Inc), Commercial Pledge Agreement (LSB Industries Inc), Commercial Pledge Agreement (LSB Industries Inc)

Adverse Change. A material adverse change occurs in either of Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 2 contracts

Samples: Commercial Pledge Agreement (Shepherd's Finance, LLC), Commercial Pledge Agreement (Shepherd's Finance, LLC)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.or

Appears in 2 contracts

Samples: Business Loan Agreement (Web Press Corp), Commercial Security Agreement (Balance Bar Co)

Adverse Change. A material adverse change occurs in either of Grantor's ’s financial condition, or Lender believes Lenders believe the prospect of payment or performance of the Indebtedness is impaired.

Appears in 2 contracts

Samples: Commercial Pledge Agreement (Shepherd's Finance, LLC), Commercial Pledge Agreement (Shepherd's Finance, LLC)

Adverse Change. A material adverse change occurs in Grantor's financial condition, condition or Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 2 contracts

Samples: Commercial Pledge Agreement (Capital Bank Corp), Commercial Security Agreement (Litronic Inc)

Adverse Change. A material adverse change occurs in In Grantor's financial condition, or Lender Xxxxxx believes the prospect of payment or performance of at the Indebtedness is impairedImpaired.

Appears in 1 contract

Samples: Change in Terms Agreement (Powin Corp)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or which causes Lender believes to believe the prospect of payment or performance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Commercial Security Agreement (Willdan Group, Inc.)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender a change occurs in Grantor’s current management, or Xxxxxx believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Commercial Security Agreement (Western Capital Resources, Inc.)

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Adverse Change. A material adverse change occurs in In Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impairedIs Impaired.

Appears in 1 contract

Samples: Commercial Security Agreement (Nanophase Technologies Corporation)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender believes the prospect of payment or performance per formance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Commercial Security Agreement (Shells Seafood Restaurants Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender reasonably and in good faith believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Credit Agreement (Micro General Corp)

Adverse Change. A material adverse change occurs in Grantor's Grantors financial condition, or Lender Xxxxxx believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Commercial Security Agreement (Versant Corp)

Adverse Change. A material adverse change occurs in Borrower’s or Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness indebtedness is impaired.

Appears in 1 contract

Samples: Commercial Security Agreement (Primal Solutions Inc)

Adverse Change. A material adverse change occurs in Grantor's Grantor`s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Commercial Security Agreement (Trimedia Entertainment Group Inc)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness indebtedness is impaired.

Appears in 1 contract

Samples: Commercial Security Agreement (Ourpets Co)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender reasonably believes the prospect of payment or performance of the Indebtedness is materially impaired.

Appears in 1 contract

Samples: Commercial Security Agreement (LiveXLive Media, Inc.)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.. 01-05-1998 COMMERCIAL SECURITY AGREEMENT Page 7 (Continued) ================================================================================

Appears in 1 contract

Samples: Commercial Security Agreement (1 800 Contacts Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Agricultural Security Agreement (Soy Energy, LLC)

Adverse Change. A material adverse change occurs in n Grantor's financial condition, or Lender Xxxxxx believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Commercial Pledge Agreement (Pacifichealth Laboratories Inc)

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