Material Impairment. Any event shall occur which shall reasonably cause MLBFS to in good faith believe that the prospect of payment or performance by Customer has been materially impaired.
Appears in 6 contracts
Samples: Term Loan Agreement (DCC Compact Classics Inc), Cash Flow Covenant (U S Long Distance Corp), Loan and Security Agreement (Faro Technologies Inc)
Material Impairment. Any event shall occur which shall reasonably cause MLBFS to in good faith believe that the prospect of payment or performance by Customer or any Guarantor has been materially impaired.
Appears in 3 contracts
Samples: Loan Agreement (Skymall Inc), Loan and Security Agreement (American Eco Corp), Term Wcma Loan and Security Agreement (Barbeques Galore LTD)
Material Impairment. Any event shall occur which shall reasonably cause MLBFS to in good faith believe that the prospect of payment or performance by Customer or any Guarantor has been materially impairedImpaired.
Appears in 1 contract
Samples: Loan and Security Agreement (Data Conversion Laboratory)
