Materially Adverse Effect. Any event shall occur or condition shall exist which constitutes a Materially Adverse Effect.
Materially Adverse Effect. (a) For purposes of the Credit Extensions to be made on the Closing Date, no events or developments have occurred since March 31, 1999 which, individually or in the aggregate, have had or could reasonably be expected to have any Materially Adverse Effect.
(b) For purposes of each Credit Extension requested to be made after the Closing Date, no events or developments have occurred since the Closing Date which, individually or in the aggregate, have had or could reasonably be expected to have any Materially Adverse Effect.
Materially Adverse Effect. Any event (other than as enumerated in any other provision of this Article) shall occur or condition shall exist which constitutes a Materially Adverse Effect.
Materially Adverse Effect. An event that would have a Materially Adverse Effect shall occur. THEN, or at any time thereafter so long as such Event of Default continues, the Agent, acting at the direction of the Required Lenders, upon notice to Borrower, shall do any one or more of the following:
(A) Declare all or any of the Obligations of Borrower under this Credit Agreement, any Notes, or other Loan Document executed by Borrower to be immediately due and payable, and upon such declaration such Obligations so declared due and payable shall immediately become due and payable; provided that if such Event of Default is under Section 8(e), then all of the Obligations shall become immediately due and payable forthwith without the requirement of any notice or other action by Agent, or direction of the Required Lenders; and
(B) Terminate this Credit Agreement, the Commitments and the Maximum Aggregate Available Loan Amount set forth herein, as to any future liability to make Loans, provided, that if such Event of Default arises pursuant to clause (e), the Commitments shall immediately and automatically terminate ; and
(C) If any Letter(s) of Credit are outstanding as of such date, require the Borrower to remit to the Issuing Bank cash in an amount equal to the Letter of Credit Outstandings from time to time from and after such date, to be held as security for Borrower's reimbursement obligations in respect of such Letter of Credit Obligations; and
Materially Adverse Effect. Since the date of the most recent audited financial statements referred to in SECTION 7.5 there have been no occurrences which, individually or in the aggregate, would result in a Materially Adverse Effect.
Materially Adverse Effect. Promptly (and in any event within five (5) Business Days) after the occurrence of any matter that has resulted or could reasonably be expected to result in a Materially Adverse Effect, a certificate of the chief financial officer or principal accounting officer of the Company specifying the nature thereof and the proposed response thereto;
Materially Adverse Effect. No Materially Adverse Effect shall have occurred, as determined by the Agent in its reasonable discretion, since the date hereof.
Materially Adverse Effect. Since 31 December 2004 and since the date of the most recent financial statements relating to each Obligor delivered pursuant to Clause 9.1(a), there have been no occurrences which, individually or in the aggregate, could reasonably be expected to have a Materially Adverse Effect.
Materially Adverse Effect. There shall have been no change in the business, assets, management, operations, financial condition or prospects of the Obligors since October 2, 1999, which change, in the reasonable judgment of the Agent, will have a Materially Adverse Effect.
Materially Adverse Effect. Except as set forth on Schedule 5.5 hereto since December 31, 2000, no events have occurred which, individually or in the aggregate, comprise a Materially Adverse Effect on the Borrower.
