Common use of No Change in Condition Clause in Contracts

No Change in Condition. No change in the condition or operations, financial or otherwise, of the Borrower, any other Obligor or any Subsidiary, shall have occurred which change, in the sole credit judgment of the Lender, may constitute an Adverse Event or have a material adverse effect on any Collateral or Third Party Collateral or the Lender's interest therein.

Appears in 3 contracts

Samples: Credit and Security Agreement (Primegg LTD), Credit and Security Agreement (Premiumwear Inc), Credit and Security Agreement (Lifecore Biomedical Inc)

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No Change in Condition. No change in the condition or operations, financial or otherwise, of the Borrower, Borrower or any other Obligor or any SubsidiaryObligor, shall have occurred which change, in the sole credit judgment of the Lender, may constitute an Adverse Event or have a material adverse effect on any Collateral or Third Party Collateral or the Lender's interest therein.

Appears in 1 contract

Samples: Credit and Security Agreement (Cryenco Sciences Inc)

No Change in Condition. No change in the condition or operations, financial or otherwise, of the Borrowerany Borrowers, any other Obligor or any Subsidiary, shall have occurred which change, in the sole credit judgment of the Lender, may constitute an Adverse Event or have a material adverse effect on any Collateral or Third Party Collateral or the Lender's interest therein.

Appears in 1 contract

Samples: Credit and Security Agreement (Simon Transportation Services Inc)

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No Change in Condition. No change in the condition or operations, financial or otherwise, of the Borrower, any other Obligor Subsidiary or any Subsidiaryother Obligor, shall have occurred which change, in the sole reasonable credit judgment of the Lender, may constitute an Adverse Event or have a material adverse effect on Borrower, any Subsidiary or any other Obligor, or on any Collateral or Third Party Collateral or the Lender's interest therein.Collateral;

Appears in 1 contract

Samples: Loan and Security Agreement (Rainbow Rentals Inc)

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