Common use of Adverse Change Clause in Contracts

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

Appears in 33 contracts

Samples: Loan Agreement (Charge Enterprises, Inc.), Change in Terms Agreement (Eaco Corp), Terms Agreement (XPEL, Inc.)

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

Appears in 29 contracts

Samples: Business Loan Agreement (Wilhelmina International, Inc.), Business Loan Agreement (Eaco Corp), Business Loan Agreement (Collectors Universe Inc)

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

Appears in 25 contracts

Samples: Business Loan Agreement (FGI Industries Ltd.), Business Loan Agreement (ComSovereign Holding Corp.), Business Loan Agreement (AmpliTech Group, Inc.)

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

Appears in 20 contracts

Samples: Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Mammoth Energy Partners LP)

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

Appears in 19 contracts

Samples: Change in Terms Agreement (Medalist Diversified REIT, Inc.), Change in Terms Agreement (Medalist Diversified REIT, Inc.), Change in Terms Agreement (Electromed, Inc.)

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

Appears in 12 contracts

Samples: Business Loan Agreement (TX Holdings, Inc.), Business Loan Agreement (Nocopi Technologies Inc/Md/), Business Loan Agreement (Qad Inc)

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

Appears in 10 contracts

Samples: Business Loan Agreement (Amrep Corp.), Business Loan Agreement (Deja Foods Inc), Business Loan Agreement (Deja Foods Inc)

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

Appears in 5 contracts

Samples: Business Loan Agreement (Wilhelmina International, Inc.), Promissory Note (Elecsys Corp), Change in Terms Agreement (Elecsys Corp)

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

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (White Mountain Titanium Corp), Loan Agreement (White Mountain Titanium Corp)

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

Appears in 4 contracts

Samples: Change in Terms Agreement (Boomerang Systems, Inc.), Change in Terms Agreement (Siena Technologies, Inc.), Business Loan Agreement (Analytical Surveys Inc)

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 indebtedness is impaired.

Appears in 3 contracts

Samples: Commercial Pledge Agreement (Osborne Richard M Trust), Commercial Security Agreement (Eacceleration Corp), Commercial Security Agreement (Eacceleration Corp)

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

Appears in 3 contracts

Samples: Loan Agreement, Business Loan Agreement (Basin Water, Inc.), Commercial Security Agreement (Basin Water, Inc.)

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

Appears in 3 contracts

Samples: Security Agreement (Boatracs Inc /Ca/), Security Agreement (Boatracs Inc /Ca/), Security Agreement (Boatracs Inc /Ca/)

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

Appears in 2 contracts

Samples: Change in Terms Agreement (Husker Ag Processing LLC), Change in Terms Agreement (Husker Ag Processing LLC)

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

Appears in 2 contracts

Samples: Financing Agreement (Imperial Holdings, LLC), Financing Agreement (Imperial Holdings, LLC)

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

Appears in 2 contracts

Samples: Loan Agreement (Daw Technologies Inc /Ut), Terms Agreement (California Beach Restaurants Inc)

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

Appears in 2 contracts

Samples: Security Agreement (CarePayment Technologies, Inc.), Commercial Security Agreement (Microhelix Inc)

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

Appears in 1 contract

Samples: Loan Agreement (Phillips R H Inc)

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

Appears in 1 contract

Samples: Loan Agreement (Baywood International Inc)

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

Appears in 1 contract

Samples: Loan Agreement (United Medicorp Inc)

Adverse Change. A material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment xxxxxxt or performance of the Indebtedness is impairedthis Note Is Impaired.

Appears in 1 contract

Samples: Promissory Note (Community Bank of Georgia Inc)

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

Appears in 1 contract

Samples: Loan Agreement (Jones Soda Co)

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

Appears in 1 contract

Samples: Revolving Credit Agreement (Vitrix Inc /Nv/)

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

Appears in 1 contract

Samples: Change in Terms Agreement (Husker Ag Processing LLC)

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

Appears in 1 contract

Samples: Business Loan Agreement (CarePayment Technologies, Inc.)

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

Appears in 1 contract

Samples: Promissory Note (Community Bank of Georgia Inc)

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

Appears in 1 contract

Samples: Loan Agreement (United Oilfield Services Inc)

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

Appears in 1 contract

Samples: Business Loan Agreement (Husker Ag Processing LLC)

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

Appears in 1 contract

Samples: Loan Agreement (United Oilfield Services Inc)

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

Appears in 1 contract

Samples: Business Loan Agreement (Exactech Inc)

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

Appears in 1 contract

Samples: Loan Agreement (Teraforce Technology Corp)

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

Appears in 1 contract

Samples: Loan Agreement (Park Premier Mining Co)

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

Appears in 1 contract

Samples: Change in Terms Agreement (Rubios Restaurants Inc)

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

Appears in 1 contract

Samples: Pledge and Security Agreement (Boatracs Inc /Ca/)

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

Appears in 1 contract

Samples: Business Loan Agreement (Pods Inc)

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