Common use of Adverse Change Clause in Contracts

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest financial statement referred to in Section 4.5.

Appears in 5 contracts

Samples: Term Loan Agreement (Mdu Resources Group Inc), Term Loan Agreement (Mdu Resources Group Inc), Credit Agreement (Young America Holdings Inc)

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Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower or any Subsidiary since the date of the latest financial statement referred to in Section 4.5.

Appears in 4 contracts

Samples: Credit Agreement (Arctic Cat Inc), Credit Agreement (Choicetel Communications Inc /Mn/), Credit Agreement (Northwest Teleproductions Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest financial statement referred to in Section 4.54.05.

Appears in 3 contracts

Samples: Loan Agreement (Wsi Industries, Inc.), Loan Agreement (Wsi Industries Inc), Credit Loan Agreement (Aci Telecentrics Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest financial statement referred to in Section 4.54.4.

Appears in 2 contracts

Samples: Computer Access Agreement (Community First Bankshares Inc), Computer Access Agreement (Community First Bankshares Inc)

Adverse Change. There has been no material adverse change in the business, properties properties, or condition (financial or otherwise) of Borrower, any Guarantor or any of the Borrower Collateral since the date of the latest last financial statement referred statements furnished to in Section 4.5Lender.

Appears in 2 contracts

Samples: Construction Loan Agreement (Roberts Realty Investors Inc), Construction Loan Agreement (Roberts Realty Investors Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest last financial statement referred to in Section 4.5.

Appears in 2 contracts

Samples: Credit Agreement (Rotonics Manufacturing Inc/De), Term Loan Agreement (Rotonics Manufacturing Inc/De)

Adverse Change. There has been no material adverse -------------- change in the business, properties or condition (financial or otherwise) of the Borrower or its Subsidiaries since the date of the latest financial statement statements referred to in Section 4.57.5.

Appears in 2 contracts

Samples: Secured Credit Agreement (First Banks, Inc), Secured Credit Agreement (First Banks Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition conditions (financial or otherwise) of Borrower or the business conducted by Borrower since the date of the latest financial statement statements referred to in Section 4.54.5 hereof.

Appears in 1 contract

Samples: Credit Agreement (America First Multifamily Investors, L.P.)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest last financial statement referred to in Section 4.54.5 that has had or could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Green Plains Renewable Energy, Inc.)

Adverse Change. There has been no material adverse change in the business, properties properties, or condition (financial or otherwise) of Borrower, any Guarantor or the Borrower Property since the date of the latest last financial statement referred statements furnished to in Section 4.5Lender.

Appears in 1 contract

Samples: Loan Agreement (Roberts Realty Investors Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower Borrower, since the date of the latest financial statement statements referred to in Section 4.5.

Appears in 1 contract

Samples: Loan Agreement (Professional Veterinary Products LTD /Ne/)

Adverse Change. There To Borrower's best knowledge, there has been no material adverse change in the its business, properties properties, or condition conditions (financial or otherwise) of the Borrower since the date of the latest financial statement Financial Statements referred to in Section 4.55.9 hereof.

Appears in 1 contract

Samples: Loan Agreement (Transcrypt International Inc)

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Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower Borrowers since the date of the latest last financial statement referred to in Section 4.52.5.

Appears in 1 contract

Samples: Credit Agreement (Communications Systems Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower or its Subsidiaries since the date of the latest financial statement referred to in Section 4.5.

Appears in 1 contract

Samples: Term Credit Agreement (Sa Telecommunications Inc /De/)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest financial statement statements referred to in Section 4.5paragraph 8(d).

Appears in 1 contract

Samples: Loan Agreement (American Church Mortgage Co)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower Borrower, since the date of the latest financial statement referred to in Section 4.5.

Appears in 1 contract

Samples: Loan Agreement (Professional Veterinary Products LTD /Mo/)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the either Borrower since the date of the latest financial statement of that Borrower referred to in Section 4.5.

Appears in 1 contract

Samples: Credit Agreement (Albecca Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower or Guarantors since the date of the latest financial statement referred to in Section 4.54.05.

Appears in 1 contract

Samples: Loan Agreement (Wsi Industries, Inc.)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower and its Subsidiaries since the date of the latest last financial statement referred to in Section 4.5.

Appears in 1 contract

Samples: Credit Agreement (First Interstate Bancsystem Inc)

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