Common use of Adverse Events Clause in Contracts

Adverse Events. Promptly inform the Bank of the occurrence of any Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's business, properties, or financial condition or upon the Borrower's ability to comply with its obligations under the Documents.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Pawnmart Inc), Revolving Credit Agreement (Pawnmart Inc), Revolving Credit Agreement (Pawnmart Inc)

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Adverse Events. Promptly inform the Bank Lender of the occurrence of any Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's business, properties, or financial condition or upon the Borrower's ability to comply with its obligations under the Documentshereunder.

Appears in 3 contracts

Samples: Revolving Credit Loan Agreement (Thomas Group Inc), Revolving Credit Loan Agreement (Thomas Group Inc), Revolving Credit Loan Agreement (Thomas Group Inc)

Adverse Events. Promptly inform the Bank of the occurrence of any Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's business, properties, or financial condition or upon the Borrower's ability to comply with its their respective obligations under the Documents.

Appears in 2 contracts

Samples: Line of Credit and Term Loan Agreement (Riviera Tool Co), Line of Credit and Term Loan Agreement (Riviera Tool Co)

Adverse Events. Promptly inform the Bank of the occurrence of any Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's or any of the Guarantor's business, properties, or financial condition or upon the Borrower's ability to comply with its obligations hereunder or under the Documentsany other document executed in connection herewith.

Appears in 2 contracts

Samples: Revolving Credit Loan Agreement (Sterling Construction Co Inc), Revolving Credit Loan Agreement (Sterling Construction Co Inc)

Adverse Events. Promptly inform the Bank of the occurrence of any Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's business, properties, or financial condition or upon the Borrower's ability to comply with its obligations under the Documentshereunder.

Appears in 2 contracts

Samples: Loan Agreement (Neutral Posture Ergonomics Inc), Revolving Credit Loan Agreement (Bestway Inc)

Adverse Events. Promptly Borrower shall promptly inform the Bank of the -------------- occurrence of any Default or Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's or any of its Subsidiaries' business, properties, or financial condition or upon the Borrower's ability to comply with its obligations under the Documentshereunder.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Symmetricom Inc)

Adverse Events. Promptly inform the Bank of the occurrence of any Event of Default or of any event which, with notice and/or the passage of time would become an Event of Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's business, properties, or financial condition or upon the Borrower's ability to comply with its obligations under hereunder of the DocumentsGuarantor.

Appears in 1 contract

Samples: Loan Agreement (Maxco Inc)

Adverse Events. Promptly inform the Bank of the occurrence of any Default or Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's or any of the Subsidiaries' business, properties, or financial condition or upon the Borrower's ability to comply with its obligations under the Documentshereunder.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Manatron Inc)

Adverse Events. Promptly inform the Bank Lender of the occurrence of any Event of Default or Default, or of any other occurrence which has or could would reasonably be expected to have a materially adverse effect upon the either Borrower's business, properties, or financial condition or upon the Borrower's ability to comply with its their respective obligations under the Documentshereunder.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (Ergobilt Inc)

Adverse Events. Promptly inform the Bank of the occurrence of any Default or Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the any Borrower's or any of its Subsidiaries' business, properties, or financial condition or upon the any Borrower's ability to comply with its respective obligations under the Documentshereunder.

Appears in 1 contract

Samples: Secured Loan Agreement (Hilite Industries Inc)

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Adverse Events. Promptly inform the Bank of the occurrence of any Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's business, properties, or financial condition or upon the Borrower's ability to comply with its obligations under the Documentshereunder.

Appears in 1 contract

Samples: Loan Agreement (Neogen Corp)

Adverse Events. Promptly inform the Bank of the occurrence of any Default or Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's or any of its Subsidiaries' business, properties, or financial condition or upon the Borrower's ability to comply with its obligations under the Documentshereunder.

Appears in 1 contract

Samples: Loan Agreement (Family Home Health Services, Inc.)

Adverse Events. Promptly inform the Bank Lender of the occurrence of any Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's business, properties, or financial condition or upon the Borrower's ability to comply with its the Borrower's obligations under the Documentshereunder.

Appears in 1 contract

Samples: Loan Agreement (Inmold Inc)

Adverse Events. Promptly inform the Bank of the occurrence of any Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the Borrower's business, properties, or financial condition or upon the Borrower's ability to comply with its obligations under the Documentshereunder.

Appears in 1 contract

Samples: Loan Agreement (Maxco Inc)

Adverse Events. Promptly inform the Bank of the occurrence of any Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon any Obligor's, the BorrowerInvestment Adviser's or the Servicer's business, properties, or financial condition or upon the Borrower's ability to comply with its any obligations under the Documentshereunder or related hereto.

Appears in 1 contract

Samples: Loan Agreement (Plymouth Commercial Mortgage Fund)

Adverse Events. Promptly inform the Bank of the occurrence of any Event of Default or Default, or of any other occurrence which has or could reasonably be expected to have a materially adverse effect upon the each Borrower's business, properties, or financial condition or upon the each Borrower's ability to comply with its obligations under the Documents.

Appears in 1 contract

Samples: Revolving Credit Agreement (Xponential Inc)

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