Material Adverse. change Any event or series of events occurs which, in the opinion of the Lender, is likely to have a materially adverse effect on the business, assets, financial condition or credit worthiness of a Security Party.
Appears in 5 contracts
Samples: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.), Credit Facility Agreement (Safe Bulkers, Inc.), Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.)
Material Adverse. change Any event or series of events occurs which, in the opinion of the LenderAgent, is likely to have a materially adverse effect on the business, assets, financial condition or credit worthiness of a Security Party.
Appears in 2 contracts
Samples: Secured Loan Agreement (NewLead Holdings Ltd.), Secured Loan Agreement (DryShips Inc.)
Material Adverse. change Any event or series of events occurs which, in the reasonable opinion of the LenderAgent, is likely to have has a materially adverse effect on the business, assets, financial condition or credit worthiness of a Security Party.
Appears in 1 contract
Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.)
Material Adverse. change Any event or series of events occurs which, in the reasonable opinion of the Lender, is likely to have has a materially adverse effect on the business, assets, financial condition or credit worthiness of a Security Party.
Appears in 1 contract
Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.)
Material Adverse. change Any event or series of events occurs which, in the reasonable opinion of the Lender, is likely to have a materially adverse effect on the business, assets, financial condition or credit worthiness of a Security PartyParty or a member of the Group.
Appears in 1 contract
Samples: Loan Agreement (Diana Shipping Inc.)
