Common use of Material Adverse Change, etc Clause in Contracts

Material Adverse Change, etc. (i) No event or condition shall have occurred or become known or would result from any Borrowing on the date of any such Borrowing and the use of the proceeds therefrom that has resulted or would result, singly or in the aggregate, in a Material Adverse Effect. (ii) There shall not exist any judgment, order, injunction or other restraint issued or filed prohibiting, limiting or otherwise adversely affecting the making of any Advances hereunder.

Appears in 3 contracts

Samples: Loan Agreement (CSS Industries Inc), Loan Agreement (CSS Industries Inc), Loan Agreement (CSS Industries Inc)

AutoNDA by SimpleDocs

Material Adverse Change, etc. (i) No event or condition shall have occurred or become known or would result from any Borrowing on the date of any such Borrowing and the use of the proceeds therefrom that has resulted or would resultwould, singly or in the aggregate, result in a Material Adverse Effect. (ii) There shall not exist any judgment, order, injunction or other restraint issued or filed prohibiting, limiting or otherwise adversely affecting the making of any Advances hereunder.

Appears in 1 contract

Samples: Loan Agreement (CSS Industries Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!