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

Sources: Business Loan Agreement (Charge Enterprises, Inc.), Change in Terms Agreement (Eaco Corp), Change in Terms Agreement (XPEL, 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 Loan is impaired.

Appears in 31 contracts

Sources: Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Heritage Global Inc.), Business Loan Agreement (Wilhelmina International, 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

Sources: 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 believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 19 contracts

Sources: 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

Sources: Business Loan Agreement (TX Holdings, Inc.), Loan Agreement (Badger Meter Inc), Business Loan Agreement (Niku 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 10 contracts

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

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

Sources: 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

Sources: 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

Sources: Loan Agreement, Loan Agreement (White Mountain Titanium Corp), Loan Agreement (White Mountain Titanium 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 indebtedness is impaired.

Appears in 3 contracts

Sources: 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

Sources: Business 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

Sources: Commercial Security Agreement (Boatracs Inc /Ca/), Commercial Security Agreement (Boatracs Inc /Ca/), Commercial Security Agreement (Boatracs Inc /Ca/)

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

Appears in 2 contracts

Sources: Disbursement Request and Authorization (California Beach Restaurants Inc), Loan Agreement (Daw Technologies Inc /Ut)

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

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

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

Sources: 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 indebtedness is impaired.

Appears in 1 contract

Sources: Business Loan Agreement (Exactech 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 ▇▇▇▇▇tedness is impaired.

Appears in 1 contract

Sources: 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 this Note is impaired.; or

Appears in 1 contract

Sources: Loan Agreement (Park Premier Mining Co)

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 1 contract

Sources: Business Loan Agreement (Baywood International 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

Sources: Loan Agreement (Teraforce Technology Corp)

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

Appears in 1 contract

Sources: 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 ▇▇▇▇▇▇t or performance of the Indebtedness is impairedthis Note Is Impaired.

Appears in 1 contract

Sources: Promissory Note (Community Bank of Georgia Inc)

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

Sources: Business Loan Agreement (Pods Inc)

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

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

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

Sources: Business Loan Agreement (Husker Ag Processing LLC)

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

Sources: Commercial Pledge and Security Agreement (Boatracs Inc /Ca/)

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

Sources: Loan Agreement (United Medicorp 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

Sources: Loan Agreement (Jones Soda Co)

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

Appears in 1 contract

Sources: Loan Agreement (United Oilfield Services Inc)

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

Sources: Change in Terms Agreement (Rubios Restaurants Inc)