Common use of Material Effect Clause in Contracts

Material Effect. A material adverse effect on (a) the ability of the --------------- Borrower to enter into and to perform and observe its Obligations under the Loan Documents, or (b) the Business of the Borrower and its Subsidiaries taken as a whole.

Appears in 2 contracts

Samples: Term Credit Agreement (Pimco Advisors Holdings Lp), Term Credit Agreement (Pimco Advisors Holdings Lp)

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Material Effect. A material adverse effect on (a) the ability of the --------------- Borrower or any Other Obligor to enter into and to perform and observe its Obligations under the Loan Documents, or (b) the Business of the Borrower and its Consolidated Subsidiaries taken as a whole.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Alliance Capital Management Lp Ii), Revolving Credit Agreement (Alliance Capital Management Lp)

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