Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: (i) would have a Material Adverse Effect upon Debtor; or (ii) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 16 contracts
Samples: Security Agreement (SRAX, Inc.), Security Agreement (SRAX, Inc.), Security Agreement (Advanced Human Imaging LTD)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; the Borrower, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 13 contracts
Samples: Loan and Security Agreement (Digital Ally, Inc.), Loan and Security Agreement (Atlas Financial Holdings, Inc.), Loan Agreement (Atlas Financial Holdings, Inc.)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: (i) would have a Material Adverse Effect upon any Debtor; or (ii) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 9 contracts
Samples: Security Agreement (Sack Lunch Productions Inc.), Senior Secured Credit Facility Agreement (Drone USA Inc.), Security Agreement (Zoompass Holdings, Inc.)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; the Borrower, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 7 contracts
Samples: Revolving Credit and Security Agreement (REX AMERICAN RESOURCES Corp), Loan and Security Agreement (US BioEnergy CORP), Loan and Security Agreement (CHS Inc)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; Effect, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 6 contracts
Samples: Loan and Security Agreement (FC Global Realty Inc), Loan and Security Agreement (FC Global Realty Inc), Loan and Security Agreement (Intricon Corp)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; any Borrower, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 3 contracts
Samples: Loan Agreement (Amerinac Holding Corp.), Loan and Security Agreement (BG Staffing, Inc.), Loan and Security Agreement (LTN Staffing, LLC)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon the Debtor; , or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 3 contracts
Samples: Security Agreement (Argyle Security, Inc.), Security Agreement (Argyle Security, Inc.), Security Agreement (Meadowbrook Insurance Group Inc)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; the Borrowers, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 3 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Hill International, Inc.), Loan and Security Agreement (Smithway Motor Xpress Corp)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation litigation, or proceeding (or threatened litigation or proceeding or basis therefor) exists which: (i) would which could reasonably be expected to have a Material Adverse Effect material adverse effect upon Debtor; the Borrower or (ii) which would constitute an Event of a Default or an Unmatured Event of Default.
Appears in 3 contracts
Samples: Loan Agreement (Jacksonville Bancorp Inc /Fl/), Loan Agreement (Jacksonville Bancorp Inc /Fl/), Loan Agreement (Jacksonville Bancorp Inc /Fl/)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; , or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 2 contracts
Samples: Security Agreement (Inland Residential Properties Trust, Inc.), Security Agreement (Inland Residential Properties Trust, Inc.)
Adverse Circumstances. No condition, circumstance, event, agreement, --------------------- document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (i) would have a Material Adverse Effect upon Debtor; the Borrowers, or (ii) would constitute an constitutes a Event of Default or an a Unmatured Event of Default.
Appears in 2 contracts
Samples: Loan and Security Agreement (Amrep Corp.), Loan and Security Agreement (Amrep Corp.)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would may reasonably be expected to have a Material Adverse Effect upon Debtor; Effect, (b) would constitute an Event of Default, or (iic) would constitute an Event of Default with the giving of notice or an Unmatured Event lapse of Defaulttime or both.
Appears in 2 contracts
Samples: Loan and Security Agreement (Dynatronics Corp), Loan and Security Agreement (Flux Power Holdings, Inc.)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon any Debtor; , or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 2 contracts
Samples: Security Agreement (National Automation Services Inc), Security Agreement (National Automation Services Inc)
Adverse Circumstances. No Except as discussed in this Agreement, no condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; the Borrower, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Samples: Loan Agreement (Neogen Corp)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or to the Borrower’s knowledge, threatened litigation or proceeding or basis thereforproceeding) exists which: which (ia) would could reasonably be expected to have a Material Adverse Effect upon Debtor; Effect, or (iib) would could reasonably be expected to constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would could reasonably be expected to have a Material Adverse Effect upon Debtor; or Effect, (iib) would constitute an Event of Default under any of the Loan Documents, or (c) would constitute such an Unmatured Event of DefaultDefault with the giving of notice or lapse of time or both.
Appears in 1 contract
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon any Debtor; , or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; Borrower, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: (i) would have a Material Adverse Effect material adverse effect upon Debtor; or (ii) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Samples: Security Agreement (Fresh Healthy Vending International, Inc.)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists whichwhich to the knowledge of Debtor: (i) would have a Material Adverse Effect upon Debtor; or (ii) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Adverse Circumstances. No To the knowledge of Debtor, no condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: (i) would could reasonably be expected to have a Material Adverse Effect upon Debtor; or (ii) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Materially Adverse Effect upon Debtor; Borrower, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; Borrowers or Guarantor, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Samples: Loan and Security Agreement (Inland American Real Estate Trust, Inc.)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; Borrower or Guarantor, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Samples: Revolving Credit Agreement (American Land Lease Inc)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis thereforproceeding) exists which: which (ia) would may reasonably be expected to have a Material Adverse Effect upon Debtor; or Effect, (iib) would constitute an Event of a Default or an Unmatured Event of Default.
Appears in 1 contract
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation litigation, or proceeding (or threatened litigation or proceeding or basis therefor) exists which: (i) would which could reasonably be expected to have a Material Adverse Effect upon Debtor; or (ii) would constitute an Event of Default or an Unmatured Event of DefaultEffect.
Appears in 1 contract
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which can reasonably be expected to (i) would have a Material Adverse Effect upon Debtor; Effect, or (ii) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; any of the Borrowers, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or or, to the knowledge of Borrower, threatened litigation or proceeding or basis therefor) exists which: which (ia) would have a Material Adverse Effect upon Debtor; Borrower, or (iib) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
