Adverse Transactions definition

Adverse Transactions. No BORROWER shall enter into any transaction which is reasonably likely to materially and adversely affect the Collateral or such BORROWER'S ability to repay the Obligations in full as and when due.
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Adverse Transactions. Enter into any transaction, or permit any Subsidiary to enter into any transaction, which materially and adversely affects or may reasonably be expected to materially and adversely affect the Collateral or Borrower's ability to repay the Obligations or permit or agree to any material extension, compromise or settlement or make any change or modification of any kind or nature with respect to any Account of any Obligor, including any of the terms relating thereto, other than discounts and allowances in the ordinary course of business.
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Examples of Adverse Transactions in a sentence

  • Subject to any provisions of this Agreement relating to Adverse Transactions, the General Partner shall have the right to Transfer its Partnership Interest in its sole discretion.

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  • Co-Borrowers will not declare or pay cash dividends upon any of its stock or distribute any of its property or redeem, retire, purchase or acquire directly or indirectly any of its stock; Adverse Transactions.

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  • Adverse Transactions................................................

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  • Subject to any provisions of this Agreement relating to Adverse Transactions, each of Metropolis and the General Partner shall have the right to Transfer its Partnership Interest in its sole discretion.