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: Business Loan Agreement (Charge Enterprises, Inc.), Change in Terms Agreement (Eaco Corp), Change in 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 31 contracts

Samples: 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

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 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.), Loan Agreement (Badger Meter Inc), Business Loan Agreement (Niku 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

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 or Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 10 contracts

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

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 ’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: 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

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

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

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 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: 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 Xxxxxtedness 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, or Lender believes the prospect of xx payment or performance of the Indebtedness Loan is impaired.

Appears in 1 contract

Samples: Business Loan Agreement (Baywood International Inc)

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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 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 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 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)

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 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 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 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 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 or, Lender believes the prospect of payment or performance of the Indebtedness is impaired.

Appears in 1 contract

Samples: Business Loan Agreement (Pods 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.

Appears in 1 contract

Samples: Loan Agreement (Phillips R H 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

Samples: Loan Agreement (Park Premier Mining Co)

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