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.), Pledge and Security Agreement (Black Ridge Oil & Gas, Inc.), 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.), Security Agreement (Bona Film Group LTD), Commercial Security Agreement (Electromed, 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 19 contracts

Samples: Security Agreement (Penn Octane Corp), Commercial Security Agreement (New America Network Inc), Loan Agreement (Web Press Corp)

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.), 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: Security Agreement (Charge Enterprises, Inc.), Change in Terms Agreement (Auddia Inc.), Autoscope Technologies Corp

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

Appears in 9 contracts

Samples: Commercial Security Agreement (Heritage Global Inc.), Commercial Security Agreement (Heritage Global Inc.), Security Agreement (Eaco Corp)

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: Commercial Security Agreement (Seamed Corp), Security Agreement (Pods Inc), Loan Agreement (Incomnet Inc)

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

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 Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness indebtedness is impaired. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 6 contracts

Samples: Commercial Security Agreement (Certified Diabetic Services Inc), Commercial Security Agreement (Globalscape Inc), Commercial Security Agreement (Globalscape Inc)

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), Security Agreement (Adcare Health Systems, 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 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), Wilmington Trust (Litronic 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 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: Security Agreement (Primal Solutions 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 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.)

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 1 contract

Samples: Loan Agreement (Web Press Corp)

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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: Security Agreement (Willdan Group, 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)

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 Grantors financial condition, or Lender Xxxxxx believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Security Agreement (Versant Corp)

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 ’s financial condition, or Lender believes the prospect of payment or performance per formance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Security Agreement (Shells Seafood Restaurants 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 Grantor`s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Trimedia Entertainment Group Inc

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.. COMMERCIAL SECURITY AGREEMENT

Appears in 1 contract

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

Adverse Change. A material adverse change occurs in Grantor's ’s or Borrower’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 1 contract

Samples: Security Agreement (Globalscape Inc)

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