Common use of Adverse Transactions Clause in Contracts

Adverse Transactions. Enter into any transaction, or permit any Subsidiary to enter into any transaction, which materially and adversely affects or may materially and adversely affect Borrower's ability to repay the Obligations.

Appears in 2 contracts

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

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Adverse Transactions. Enter into any transaction, or permit any -------------------- Subsidiary to enter into any transaction, which materially and adversely affects or may materially and adversely affect the Collateral or Borrower's ability to repay the ObligationsObligations or, permit or agree to any material extension, compromise or settlement or make any change or modification of any kind or nature with respect to any Account, including any of the terms relating thereto, other than discounts and allowances in the ordinary course of business.

Appears in 2 contracts

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

Adverse Transactions. Enter into any transaction, transaction or permit any Subsidiary to enter into any transaction, which materially and adversely affects or may materially and adversely affect Borrower's the Collateral or the Borrowers' ability to repay the Obligations.

Appears in 1 contract

Samples: Term Loan Agreement (United Natural Foods Inc)

Adverse Transactions. Enter into any transaction, or permit any Subsidiary of either Borrower to enter into any transaction, which materially and adversely affects or may could reasonably be expected to materially and adversely affect Borrower's the Collateral or Borrowers' ability to repay the Obligations.

Appears in 1 contract

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

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Adverse Transactions. Enter into any transaction, or permit any Subsidiary to enter into any transaction, which materially and adversely affects or may materially and adversely affect the Collateral or any Borrower's ability to repay the ObligationsObligations or permit or agree to any material extensions, compromise or settlement or make any change or modification of any kind or nature with respect to any Account, including any of the terms relating thereto, other than discounts and allowances in the ordinary course of business.

Appears in 1 contract

Samples: Loan and Security Agreement (Innotrac Corp)

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