Substantial Adverse Effect definition

Substantial Adverse Effect means any circumstance, change in, or effect on the Business or the Company that, individually or in the aggregate with any other circumstances, changes in or effects on the Business or the Company is, or could reasonably be expected to be, adverse to the business, operations, assets and liabilities, results of operations or financial condition of the Company in an amount of $2,000,000 or more.

Substantial Adverse Effect means an effect that is adverse and not insubstantial, insignificant or trivial.

Substantial Adverse Effect means a condition, event or effect involving a loss or expense of $30,000 or more affecting the Real Property in any project or an aggregate loss or expense of $150,000 or more affecting all Real Property in all projects.

Examples of Substantial Adverse Effect in a sentence

• In detailed examination of the table, females mainly focus on “completely” option when they are compared to male participators.

• To comply in all substantial aspects with their environmental obligations and with all applicable environmental laws, including those which refer directly or indirectly to contamination, pollution, waste, dumping or emissions of toxic or hazardous substances in relation to the property owned, leased or occupied by the Borrower, the Guarantors or the Subsidiaries, when such non-compliance could reasonably be expected to result in a Substantial Adverse Effect for Telvent.

• If any event or circumstance or series of events or circumstances were to occur which, in the opinion of a Majority of Lender, could result in a Substantial Adverse Effect for Telvent.

• There shall not have occurred any adverse change in the business, assets (including intangible assets), liabilities, financial condition, results of operations or prospects of the Company since the date of this Agreement having a Substantial Adverse Effect.

• The Borrower shall inform the Agent in writing, as soon as it becomes aware of (i) any environmental claim that has been filed or (is imminent to the best of the Borrower’s knowledge) against any Group company; or (ii) any event or circumstance that could result in an environmental claim being brought against any Group company; provided that the claim, if settled, could result in a Substantial Adverse Effect for Telvent.

More Definitions of Substantial Adverse Effect

Substantial Adverse Effect means any substantial adverse change in, or substantial adverse effect on, the operations, business, property or financial position of the Borrower, Guarantors and their respective Subsidiaries, taken as a group; (b) a substantial impediment for the Borrower or Guarantors to fulfill their obligations under any of the Loan Documents they are party to; (c) a substantial adverse effect on the legality, efficacy, validity or enforceability against the Borrower or Guarantors of any of the Loan Documents they are party to; or (d) a substantial adverse effect on the validity or priority of any of the Guaranties granted to the Peruvian Guaranties Agent or the Colombian Guaranties Agent under the Security Agreements.

Substantial Adverse Effect means one or more conditions, events or occurrences that in the aggregate cause or result in, or could reasonably be expected to cause or result in, a Liability of $20,000,000 (twenty million dollars) or more.

Substantial Adverse Effect means significant

Substantial Adverse Effect has the meaning specified for the term “Substantial Adverse Effect” in the Penreco Acquisition Agreement.

Substantial Adverse Effect means more than just a minor impact on someone's life or how they can do certain things. This may fluctuate or change and may not happen all the time.

Substantial Adverse Effect means any substantial adverse effect on: (i) the business, assets, Mining Rights, operations, property, finance situation (or any other kind of situation), perspectives or results of the operations of the Debtor; (ii) the capacity of the Debtor to fulfill any of his respective obligations pursuant to this Agreement; and/or (iii) the legality, validity, enforceability, binding effect, challenging effect, execution or enforcement of this Agreement. For the purposes of this definition, the enactment by the government of the Province of Santa Xxxx of the Act 3318/13 published at the Official Gazette of the Province of Santa Xxxx dated on July 5th, 2013, shall not be considered as a Substantial Adverse Effect ,as long as this Act and the eventual regulations enacted to clarify and/or specify its content or scope do not generate a Substantial Adverse Effect on the preceding items (i), (ii) y (iii).

Substantial Adverse Effect means something which is more than a minor or a trivial effect and is beyond the normal differences in ability which exist among people.