Common use of Material Adverse Events Clause in Contracts

Material Adverse Events. (i) Lender reasonably determines that an event which adversely affects the collectibility of a material portion of the Accounts has occurred; and (ii) a Material Adverse Effect has occurred;

Appears in 3 contracts

Samples: Credit Agreement (Adcare Health Systems, Inc), Credit Agreement (Clarient, Inc), Credit Agreement (Clarient, Inc)

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Material Adverse Events. (i) Lender reasonably determines that an event which adversely affects the collectibility collectability of a material portion of the Accounts has occurred; andor (ii) a Material Adverse Effect has occurred;

Appears in 2 contracts

Samples: Credit Agreement (Enzo Biochem Inc), Credit Agreement (Prospect Medical Holdings Inc)

Material Adverse Events. (i) Lender reasonably determines that an event which adversely affects the collectibility of a material portion of the Accounts has occurred; andor (ii) a Material Adverse Effect has occurred;material adverse change occurs in the business or condition of Borrowers, or any of them; or

Appears in 1 contract

Samples: Loan and Security Agreement (Healthessentials Solutions Inc)

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Material Adverse Events. (i) Lender reasonably determines that an event which adversely affects the collectibility of a material portion of the Accounts has occurred; andor (ii) a Material Adverse Effect has occurred;

Appears in 1 contract

Samples: Credit Agreement (Assisted 4 Living, Inc.)

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