Common use of Change in Condition Clause in Contracts

Change in Condition. There occurs any material and adverse change in the condition or affairs, financial or otherwise, of Borrower or of any endorser, guarantor or surety for any of the Obligations, which in the reasonable opinion of Lender impairs Lender's security or increases its risks;

Appears in 2 contracts

Samples: Loan and Security Agreement (Usa Detergents Inc), Loan and Security Agreement (Usa Detergents Inc)

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Change in Condition. There occurs any material and adverse change in the condition or affairs, financial financing or otherwise, of Borrower or of any endorser, guarantor or surety for any of the Obligations, which in the reasonable opinion of Lender impairs Lender's security or increases its risks;

Appears in 2 contracts

Samples: Loan and Security Agreement (Judge Group Inc), Loan and Security Agreement (Judge Group Inc)

Change in Condition. There occurs any material and adverse change in the condition or affairs, financial or otherwise, of Borrower or of any endorser, guarantor or surety for any of the Obligations, which in the reasonable opinion of Lender impairs Lender's security or increases its risks;

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Measurement Specialties Inc)

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Change in Condition. There occurs any material and adverse change in the condition or affairs, financial or otherwise, of Borrower or of any endorser, guarantor or surety for any of the Obligations, which in the reasonable opinion of Lender impairs Lender's security or increases materially and adversely affects its risks;risks (including, without limitation, the termination of any one or more material Contracts with respect to Borrower's business).

Appears in 1 contract

Samples: Loan and Security Agreement (Intelligroup Inc)

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