Common use of Changes in Financial Condition Clause in Contracts

Changes in Financial Condition. Guarantor covenants to give Lender prompt written notice of the creation or discovery of any additional contingent liability or the occurrence of any other material adverse change in the financial condition of Guarantor.

Appears in 3 contracts

Sources: Guaranty (HLM Design Inc), Loan Agreement (Obsidian Enterprises Inc), Guaranty (HLM Design Inc)

Changes in Financial Condition. Guarantor covenants to give Lender prompt written notice of the creation or discovery of any additional material contingent liability or the occurrence of any other material adverse change in the financial condition of Guarantor.

Appears in 3 contracts

Sources: Guaranty Agreement (Better Choice Co Inc.), Guaranty Agreement (Better Choice Co Inc.), Guaranty (Vertex Energy Inc.)

Changes in Financial Condition. Guarantor covenants to give Lender prompt written notice of the creation or discovery of any additional material contingent liability or the occurrence of any other material adverse change in the financial condition of Guarantor.

Appears in 1 contract

Sources: Unconditional Guaranty (HLM Design Inc)