No Material Adverse Effect or Change. In the reasonable judgment of the Administrative Agent, (i) since the most recent date on which the Borrower the Guarantors, the Borrower’s Members and the Management Company have supplied information, financial or otherwise, to the Administrative Agent, there has been no event which has caused or might reasonably be anticipated to cause a Material Adverse Effect and (ii) there has been no material adverse change or disruption in the financial, banking or capital markets or in or affecting the syndication markets for credit facilities similar in nature to this Agreement.
No Material Adverse Effect or Change. Agent shall have determined that (i) no condition or event has occurred since December 31, 2004 which has had a Material Adverse Effect, and (ii) no material adverse change has occurred in either (A) the syndication market for credit facilities similar in nature to the credit facility contemplated in this Agreement, or (B) the financial, banking or capital markets that would have an adverse effect on the syndication market referenced in subpart (A) hereof.
No Material Adverse Effect or Change. There shall not have occurred or become known to the Requisite Lenders any material adverse change or new material adverse condition since the date of this Agreement in or affecting the business, operations, assets, property, condition (financial or otherwise), results of operations or prospects of Borrower or its Subsidiaries since the date of this Agreement.
No Material Adverse Effect or Change. Since 31 March 2017, there has not been any Material Adverse Effect (or Change).
No Material Adverse Effect or Change. In the opinion of the Lender, there not being in existence any event or circumstances which might reasonably be likely to have a Material Adverse Effect provided that for the purposes of this paragraph 21, no event, development or circumstance which affects generally segments of the offshore oil and gas drilling business in which the Borrower is engaged and does not disproportionately affect the Borrower, shall be deemed, individually or in the aggregate, to have a “Material Adverse Effect”.
No Material Adverse Effect or Change. So far as the Vendor is aware and save as Disclosed, since the Accounts Date, there has not been any Material Adverse Effect (or Change) affecting the financial or trading position, prospects, goodwill or the overall business of the Company.