Common use of No Adverse Conditions Clause in Contracts

No Adverse Conditions. Neither the business nor the --------------------- properties of any Loan Party are affected by any fire, explosion, accident, strike, lockout, slowdown, stoppage, unfair labor practice or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or of the public enemy or other casualty (whether or not covered by insurance) that could have a Material Adverse Effect and there has been no Material Adverse Change affecting the value of the Collateral or the ability of the Borrower or any other Loan Party to perform its obligations under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Smart & Final Inc/De)

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No Adverse Conditions. Neither the business nor the --------------------- properties of any Loan Party are affected by any fire, explosion, accident, strike, lockout, slowdown, stoppage, unfair labor practice lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or of the public enemy or other casualty (whether or not covered by insurance) that could reasonably be expected to have a Material Adverse Effect and there has been no Material Adverse Change affecting the value of the Collateral or the ability of the Borrower or any other Loan Party to perform its obligations under the Loan DocumentsEffect.

Appears in 1 contract

Samples: Credit Agreement (Panolam Industries Inc)

No Adverse Conditions. Neither the business nor the properties --------------------- properties of any Loan Party or any of its Subsidiaries are affected by any fire, explosion, accident, strike, lockout, slowdown, stoppage, unfair labor practice lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or of the public enemy or other casualty (whether or not covered by insurance) that could have a Material Adverse Effect and there has been no Material Adverse Change affecting the value of the Collateral collateral or the ability of the Borrower or any other Loan Party to perform its obligations under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Smart & Final Inc/De)

No Adverse Conditions. Neither the business nor the --------------------- properties of any Loan Party are affected by any fire, explosion, accident, strike, lockout, slowdown, stoppage, unfair labor practice or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or of the public enemy or other casualty (whether or not covered by insurance) that could have a Material Adverse Effect and there has been no Material Adverse Change affecting the value of the Collateral or the ability of the Borrower or any other Loan Party to perform its obligations under the Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (Smart & Final Inc/De)

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No Adverse Conditions. Neither the business nor the --------------------- ---------------------- properties of any Loan Party are affected by any fire, explosion, accident, strike, lockout, slowdown, stoppage, unfair labor practice lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or of the public enemy or other casualty (whether or not covered by insurance) that could reasonably be expected to have a Material Adverse Effect and there has been no Material Adverse Change affecting the value of the Collateral or the ability of the Borrower or any other Loan Party to perform its obligations under the Loan DocumentsEffect.

Appears in 1 contract

Samples: Credit Agreement (Panolam Industries Inc)

No Adverse Conditions. Neither the business nor the --------------------- properties of any Loan Party or any of its Subsidiaries are affected by any fire, explosion, accident, strike, lockout, slowdown, stoppage, unfair labor practice lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or of the public enemy or other casualty (whether or not covered by insurance) that could would be reasonably likely to have a Material Adverse Effect and there has been no Material Adverse Change affecting the value of the Collateral or the ability of the Borrower or any other Loan Party to perform its obligations under the Loan DocumentsEffect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Foodmaker Inc /De/)

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