Material Adverse. Change At any time there shall occur any event or change which has a Material Adverse Effect in respect of any Security Party and such event or change, if capable of remedy, is not so remedied within 30 days of the delivery of a notice confirming such event or change by the Agent to the relevant Security Party; or
Appears in 4 contracts
Samples: Senior Secured Revolving Credit Facility Agreement, Secured Term Loan Facility Agreement, Senior Secured Revolving Credit Facility Agreement (Teekay Offshore Partners L.P.)
Material Adverse. Change At any time there shall occur any event or change which has a Material Adverse Effect in respect of any Security Party and such event or change, if capable of remedy, is not so remedied within 30 days of the delivery of a notice confirming such event or change by the Agent to the relevant Security Party; oror 13
Appears in 1 contract
Samples: Secured Revolving Credit Facility Agreement (Teekay Corp)