Adverse Effect definition

Adverse Effect means, with respect to any action, that such action will (a) result in the occurrence of an Event of Default or (b) materially and adversely affect (i) the amount or timing of payments to be made to the Lenders pursuant to this Agreement or (ii) the existence, perfection, priority or enforceability of any security interest in a material amount of the Pledged Receivables taken as a whole or in any material part.

Adverse Effect means one or more of,

Adverse Effect has the meaning specified in the Indenture.

Examples of Adverse Effect in a sentence

• This Agreement may be amended from time to time by JPMCB and Chase Card Funding, by a written instrument signed by each of them, provided that such amendment shall not, as evidenced by an Officer’s Certificate from JPMCB, have an Adverse Effect under and within the meaning of the Indenture.

• The acquisition by the Collateral Agent of the Additional Collateral Certificate shall not, in the reasonable belief of the Issuing Entity, result in an Adverse Effect.

• This Agreement and the respective obligations and responsibilities of JPMCB and Chase Card Funding under this Agreement shall terminate (i) on the Chase Card Funding Termination Date or (ii) by mutual agreement of the parties, provided that such termination shall not, as evidenced by an Officer’s Certificate from JPMCB, have an Adverse Effect under and within the meaning of the Indenture.

• The Bank confirms, represents and declares that compliance has been had with all laws applicable to the Bank and its Affiliates in relation to their respective business and operations, except where any such non-compliance would not result in a Material Adverse Effect.

More Definitions of Adverse Effect

Adverse Effect means, with respect to any action, that such action will (a) result in the occurrence of an Early Amortization Event or an Event of Default or (b) materially and adversely affect the Noteholders.

Adverse Effect has the meaning assigned to such term in Section 2.1.5;

Adverse Effect means any deleterious effect to organisms due to exposure to a substance. The term includes effects that are or may become debilitating, harmful, or toxic to the normal functions of the organism, but does not include nonharmful effects, such as tissue discoloration alone or the induction of enzymes involved in the metabolism of the substance.

Adverse Effect means that the progress of the child is impeded by the disability to the extent that the educational performance is significantly and consistently below the level of similar age peers.

Adverse Effect means, whenever used in this Indenture with respect to any Series, Class or Tranche of Notes with respect to any Action, that such Action will at the time of its occurrence (a) result in the occurrence of an Early Amortization Event or Event of Default relating to such Series, Class or Tranche of Notes, as applicable, (b) materially adversely affect the amount or timing of payments to be made to the Noteholders of any such Series, Class or Tranche of Notes pursuant to this Indenture, or (c) adversely affect the Security Interest of the Indenture Trustee in the Collateral unless otherwise permitted by this Indenture.

Adverse Effect means, with respect to each Party, any effect or change that would have a material adverse effect on the results of operations, financial condition, assets, properties or business of the party, taken as a whole, or on the ability of the Party to consummate timely the transactions contemplated hereby.

Adverse Effect means material impact -on: