Material Adverse Facts Sample Clauses

Material Adverse Facts. The Borrower has no knowledge of any fact that could materially adversely affect the ability of the Borrower to perform its obligations under this Agreement, the Note or the other Loan Documents or which could result in a Material Adverse Change.
AutoNDA by SimpleDocs
Material Adverse Facts. 11 4.7 PURPOSE OF LOAN........................................................... 12 4.8 LIABILITIES............................................................... 12 4.9
Material Adverse Facts. After the date of this Agreement, Buyer or its representatives shall not have become aware of any material adverse facts relating to the the Plant condition (financial or otherwise), other than material defects which can reasonably be cured by the Seller within 30 days after written notice thereof is provided to the Seller by Buyer.
Material Adverse Facts. There shall not have occurred after ---------------------- the date hereof, any events, facts, or circumstances which reflect in any material adverse way on the financial condition, assets, liabilities, business, or prospects of the MSC/SFI Entities;
Material Adverse Facts. There shall not have occurred after the date hereof, any events, facts, or circumstances which reflect in any material adverse way on the financial condition, assets, liabilities, business, or prospects of United Solar and ECD;
Material Adverse Facts. POWERTEL shall not have discovered nor shall there have occurred after the date hereof, any events, facts or circumstances which reflect in any material adverse way on the financial condition, assets, liabilities, business, or prospects of DIEGOTEL, in the event that POWERTEL discovers any such fact, event or circumstance at any time prior to the Effective Date of the Plan of Reorganization, POWERTEL, at its sole election, may declare this AGREEMENT to be null and void. WALLXXX xxx cause DIEGOTEL to pay out to WALLXXX xxx cash, the cash value of life insurance policies, and funds in bank accounts to satisfy compensation and debt obligations owed to WALLXXX xx DIEGOTEL, and POWERTEL consents thereto.
Material Adverse Facts. Seller shall deliver ---------------------- to Buyer a written statement from Seller disclosing any material adverse facts known to Seller respecting the Property.
AutoNDA by SimpleDocs
Material Adverse Facts. BUYER shall not have discovered nor shall there have occurred after the date hereof, any events, facts or circumstances which reflect in any material adverse way on the financial condition, assets, liabilities, business, or prospects of CORPORATION, in the event that BUYER discovers any such fact, event or circumstance at any time prior to the Effective Date of the Plan of Reorganization, the BUYER, at its sole election, may declare this AGREEMENT to be null and void. SELLER may cause the CORPORATION to pay out to SELLER all cash, the cash value of life insurance policies, and funds in bank accounts to satisfy compensation and debt obligations owed to the SELLER by the CORPORATION, and BUYER consents thereto.

Related to Material Adverse Facts

  • Material Adverse Effects Except as disclosed in the Prospectus and the Time of Sale Information, (a) in the judgment of the Agent there shall not have occurred any Material Adverse Effect; and (b) there shall not have occurred any downgrading, nor shall any notice have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded any securities of the Company or any of its subsidiaries by any “nationally recognized statistical rating organization” as such term is defined for purposes of Section 3(a)(62) of the Exchange Act.

  • Material Adverse Effect The occurrence of any event or condition that has had, or could reasonably be expected to have, a Material Adverse Effect.

  • Material Adverse Change A Material Adverse Change occurs;

  • Material Adverse Changes Except as disclosed in the Prospectus and the Time of Sale Information, (a) in the judgment of the Agent there shall not have occurred any Material Adverse Change; and (b) there shall not have occurred any downgrading, nor shall any notice have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded any securities of the Company or any of its subsidiaries by any “nationally recognized statistical rating organization” as such term is defined for purposes of Section 3(a)(62) of the Exchange Act.

  • Material Adverse Events Since the date of the latest audited financial statements included within the SEC Reports, except as specifically disclosed in a subsequent SEC Report filed prior to the date hereof, (i) there has been no event, occurrence or development that has had or that could reasonably be expected to result in a Material Adverse Effect, (ii) the Company has not incurred any liabilities (contingent or otherwise) other than (A) trade payables and accrued expenses incurred in the ordinary course of business consistent with past practice and (B) liabilities not required to be reflected in the Company’s financial statements pursuant to GAAP or required to be disclosed in filings made with the Commission, (iii) the Company has not altered its method of accounting, (iv) the Company has not declared or made any dividend or distribution of cash or other property to its stockholders or purchased, redeemed or made any agreements to purchase or redeem any shares of its capital stock and (v) the Company has not issued any equity securities to any officer, director or “Affiliate” (defined as any Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control with a Person, as such terms are used in and construed under Rule 144 under the Act), except pursuant to existing Company stock option plans. The Company does not have pending before the Commission any request for confidential treatment of information. No event, liability or development has occurred or exists with respect to the Company or its Subsidiaries or their respective business, properties, operations or financial condition, that would be required to be disclosed by the Company under applicable securities laws at the time this representation is deemed made that has not been publicly disclosed at least 1 Trading Day prior to the date that this representation is deemed made.

  • Material Adverse Event The occurrence of a MATERIAL ADVERSE EVENT.

  • Company Material Adverse Effect Since the date of this Agreement, there shall not have been any Company Material Adverse Effect or any event, change or effect that would, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect.

  • Parent Material Adverse Effect Since the date of this Agreement, there shall not have been any Parent Material Adverse Effect or any event, change, or effect that would, individually or in the aggregate, reasonably be expected to have a Parent Material Adverse Effect.

  • No Material Adverse Effects At Closing Time, there shall not have been, since the date hereof or since the respective dates as of which information is given in the Prospectus or the General Disclosure Package, any Material Adverse Effect.

  • No Purchaser Material Adverse Effect No Material Adverse Effect shall have occurred with respect to the Purchaser since the date of this Agreement which is continuing and uncured.

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