Common use of Notice of Event of Default and Adverse Business Developments Clause in Contracts

Notice of Event of Default and Adverse Business Developments. Immediately after becoming aware of the existence of a Default or any Event of Default under this Agreement or after becoming aware of any developments or other information which is likely to (i) materially adversely affect Borrower’s business, prospects, profits or condition (financial or otherwise) or its ability to perform this Agreement, or (ii) adversely affect the properties of Borrower, including, without limitation, the following:

Appears in 4 contracts

Samples: Loan and Security Agreement (Helios & Matheson North America Inc.), Loan and Security Agreement (Helios & Matheson North America Inc.), Loan and Security Agreement (Helios & Matheson North America Inc.)

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Notice of Event of Default and Adverse Business Developments. Immediately after becoming aware of the existence of a Default or any an Event of Default under this Agreement or after becoming aware of any developments or other information which is likely to (i) materially adversely affect Borrower’s 's properties, business, prospects, profits or condition (financial or otherwise) or its ability to perform its obligation under this Agreement, Agreement or (ii) adversely affect the properties of Borrower, any other Loan Documents including, without limitation, the following:

Appears in 2 contracts

Samples: Loan Agreement (Hudson Technologies Inc /Ny), Revolving Loan Agreement (Hudson Technologies Inc /Ny)

Notice of Event of Default and Adverse Business Developments. Immediately after becoming aware of the existence of a Default or any Event of Default under this Agreement or after becoming aware of any developments or other information which is likely to (i) materially adversely affect Borrower’s 's business, prospects, profits or condition (financial or otherwise) or its ability to perform this Agreement, or (ii) adversely affect the properties any of Borrower's properties, including, without limitation, the following:

Appears in 1 contract

Samples: Loan and Security Agreement (A Consulting Team Inc)

Notice of Event of Default and Adverse Business Developments. Immediately after becoming aware of the existence of a Default or any an Event of Default under this Agreement or after becoming aware of any developments or other information which is likely to (i) materially adversely affect Borrower’s properties, business, prospects, profits or condition (financial or otherwise) or its ability to perform its obligation under this Agreement, Agreement or (ii) adversely affect the properties of Borrower, any other Loan Documents including, without limitation, the following:

Appears in 1 contract

Samples: Loan Agreement (Hudson Technologies Inc /Ny)

Notice of Event of Default and Adverse Business Developments. Immediately after becoming aware of the existence of a Default or any Event of Default under this Agreement or after becoming aware of any developments or other information which is likely to (i) materially adversely affect either Borrower’s 's business, prospects, profits or condition (financial or otherwise) or its ability to perform this Agreement, or (ii) adversely affect the properties of either Borrower, including, without limitation, the following:

Appears in 1 contract

Samples: Loan and Security Agreement (A Consulting Team Inc)

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Notice of Event of Default and Adverse Business Developments. Immediately after becoming aware of the existence of a Default or any Event of Default under this Agreement or after becoming aware of any developments or other information which is likely to (i) materially adversely affect Borrower’s Borrowers' properties, business, prospects, profits or condition (financial or otherwise) or its ability to perform this Agreement, or (ii) adversely affect the properties of Borrower, including, without limitation, the following:

Appears in 1 contract

Samples: Loan and Security Agreement (Afp Imaging Corp)

Notice of Event of Default and Adverse Business Developments. Immediately after becoming aware of the existence of a Default or any an Event of Default under this Agreement or after becoming aware of any developments or other information which is likely to (i) materially adversely affect Borrower’s 's or any Guarantor's properties, business, prospects, profits or condition (financial or otherwise) or its Borrower's or any Guarantor's ability to perform their obligation under this Agreement, Agreement or (ii) adversely affect the properties of Borrowerany other Loan Documents, including, without limitation, the following:

Appears in 1 contract

Samples: Loan Agreement (Diversified Security Solutions Inc)

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