Common use of Materially Adverse Effect Clause in Contracts

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 10.1(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. Since 31 December 2004 and since the date of the most recent financial statements relating to each Obligor delivered pursuant to Clause 10.1(a9.1(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. Since 31 December 2004 December, 2005 and since the date of the most recent financial statements relating to each Obligor the Borrower delivered pursuant to Clause 10.1(a7.1(a) (Financial Information, etc), there have been no occurrences which, individually or in the aggregate, could have or would reasonably be expected to have a Materially Adverse Effect.

Materially Adverse Effect. Since 31 December 2004 December, 2003 and since the date of the most recent financial statements relating to each Obligor delivered pursuant to Clause 10.1(a7.1(a), there have been no occurrences which, individually or in the aggregate, could have or may reasonably be expected to have a Materially Adverse Effect.