Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or, to Grantor's knowledge, threatened litigation or proceeding or basis therefor) exists which (a) would have a Material Adverse Effect upon Grantor, or (b) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 28 contracts
Samples: Security Agreement (Grow Solutions Holdings, Inc.), Security Agreement (Artec Global Media, Inc.), Security Agreement (Inergetics Inc)
Adverse Circumstances. No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or, to Grantor's ’s knowledge, threatened litigation or proceeding or basis therefor) exists which (a) would have a Material Adverse Effect upon Grantor, or (b) would constitute an Event of Default or an Unmatured Event of Default.
Appears in 1 contract
Samples: Security Agreement (Bitzio, Inc.)