Common use of Adverse Changes Clause in Contracts

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of Borrower.

Appears in 11 contracts

Samples: Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Meade Instruments Corp)

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Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of BorrowerBorrower or any Guarantor.

Appears in 6 contracts

Samples: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Franklin Ophthalmic Instruments Co Inc)

Adverse Changes. There shall occur any material adverse --------------- change in the financial condition or business prospects of Borrower.Borrower or any Guarantor; or

Appears in 2 contracts

Samples: Loan and Security Agreement (Color Imaging Inc), Loan and Security Agreement (Color Imaging Inc)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of any Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Mothers Work Inc), Loan and Security Agreement (Tmci Electronics Inc)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of Borrower.; or

Appears in 2 contracts

Samples: Loan and Security Agreement (Color Imaging Inc), Loan and Security Agreement (Color Imaging Inc)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of Borrower.Borrower in violation of Section 6.17; or

Appears in 2 contracts

Samples: Loan Agreement (Levitt Corp), Loan Agreement (Levitt Corp)

Adverse Changes. There shall occur any material adverse change in the financial condition condition, Property or business prospects of Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Supply Group Inc), Loan and Security Agreement (Eagle Supply Group Inc)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of BorrowerBorrower or any Loan Party.

Appears in 2 contracts

Samples: Loan and Security Agreement (Black Warrior Wireline Corp), Loan and Security Agreement (Black Warrior Wireline Corp)

Adverse Changes. There shall occur any material adverse change in the financial condition condition, Property or business prospects of BorrowerBorrowers.

Appears in 2 contracts

Samples: Loan and Security Agreement (Eagle Supply Group Inc), Loan and Security Agreement (Eagle Supply Group Inc)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of BorrowerBorrower and any Subsidiary taken as a whole.

Appears in 1 contract

Samples: Loan and Security Agreement (Bayard Drilling Technologies Inc)

Adverse Changes. There shall occur any material adverse --------------- change in the financial condition or business prospects of Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Seranova Inc)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of BorrowerBorrowers taken as a whole.

Appears in 1 contract

Samples: Loan and Security Agreement (United Natural Foods Inc)

Adverse Changes. There shall occur any material adverse change in the financial condition of Borrower or business prospects the ability of BorrowerBorrower to pay or perform its Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (Theragenics Corp)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of any Borrower.; or

Appears in 1 contract

Samples: Loan and Security Agreement (Innotrac Corp)

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Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of Borrower.Borrower or any Guarantor; or

Appears in 1 contract

Samples: Loan and Security Agreement (Petmed Express Inc)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of BorrowerBorrower and the Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Loan and Security Agreement (Bayard Drilling Technologies Inc)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of Borrowerany Borrower or any Guarantor.

Appears in 1 contract

Samples: Loan and Security Agreement (Vista 2000 Inc)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of BorrowerBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Open Plan Systems Inc)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of either Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Factory Card Outlet Corp)

Adverse Changes. There shall occur any material adverse change --------------- in the financial condition or business prospects of BorrowerBorrower or the Borrower and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Loan and Security Agreement (Moore Medical Corp)

Adverse Changes. There shall occur any material adverse change in the financial condition condition, Property, operations or business prospects of BorrowerBorrowers.

Appears in 1 contract

Samples: Loan and Security Agreement (Gulfside Supply, Inc.)

Adverse Changes. There shall occur any material adverse change in the financial condition or business prospects of Borrower.Borrower or Guarantor; or

Appears in 1 contract

Samples: Loan Agreement (First Franklin Financial Corp)

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