Common use of Determination of Material Adverse Change and Material Adverse Effect, Etc Clause in Contracts

Determination of Material Adverse Change and Material Adverse Effect, Etc. Determinations of materiality generally and determinations as to whether any fact, event, circumstance, conditions or occurrence constitutes (or could reasonably be expected to constitute) a Material Adverse Effect or a Material Adverse Change to the extent such determination is made by reference to the audited financial statements of the Borrower which are subject to a “going concern” qualification by the Borrower’s auditors shall be made without taking into account or giving effect to such “going concern” opinion.

Appears in 2 contracts

Samples: Credit Agreement (Allegheny Energy Inc), Common Terms Agreement (Allegheny Energy Supply Co LLC)

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Determination of Material Adverse Change and Material Adverse Effect, Etc. Determinations of materiality generally and determinations as to whether any fact, event, circumstance, conditions condition or occurrence constitutes (or could reasonably be expected to constitute) a Material Adverse Effect or a Material Adverse Change to the extent such determination is made by reference to the audited financial statements of the Borrower which are subject to a “going concern” qualification by the Borrower’s auditors shall be made without taking into account or giving effect to such “going concern” opinion.. 40 AESC Credit Agreement

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Allegheny Energy, Inc)

Determination of Material Adverse Change and Material Adverse Effect, Etc. Determinations of materiality generally and determinations as to whether any fact, event, circumstance, conditions or occurrence constitutes (or could reasonably be expected to constitute) a Material Adverse Effect or a Material Adverse Change to the extent such determination is made by reference to the audited financial statements of the Borrower which are subject to a "going concern" qualification by the Borrower’s 's auditors shall be made without taking into account or giving effect to such "going concern" opinion.

Appears in 1 contract

Samples: Credit Agreement (Allegheny Energy, Inc)

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Determination of Material Adverse Change and Material Adverse Effect, Etc. Determinations of materiality generally and determinations as to whether any fact, event, circumstance, conditions condition or occurrence constitutes (or could reasonably be expected to constitute) a Material Adverse Effect or a Material Adverse Change to the extent such determination is made by reference to the audited financial statements of the Borrower which are subject to a "going concern" qualification by the Borrower’s 's auditors shall be made without taking into account or giving effect to such "going concern" opinion.

Appears in 1 contract

Samples: Credit Agreement (Allegheny Energy, Inc)

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