Common use of Adverse Change Clause in Contracts

Adverse Change. A material adverse change occurs in Grantor’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender in good faith believes itself insecure.

Appears in 16 contracts

Sources: Business Loan Agreement (Landmark Bancorp Inc), Commercial Security Agreement (Dolphin Entertainment, Inc.), Commercial Security Agreement (Speedemissions Inc)

Adverse Change. A material adverse change occurs in Grantor’s 's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender in good faith believes itself insecure.

Appears in 15 contracts

Sources: Commercial Security Agreement (Charge Enterprises, Inc.), Mortgage (Autoscope Technologies Corp), Assignment of Rents (Autoscope Technologies Corp)

Adverse Change. A material adverse change occurs in Grantor’s 's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness indebtedness is impaired. Insecurity. Lender Lender, in good faith believes faith, deems itself insecure.

Appears in 6 contracts

Sources: Commercial Security Agreement (Globalscape Inc), Commercial Security Agreement (Globalscape Inc), Credit Agreement and Promissory Note (LXN Corp)

Adverse Change. A material adverse change occurs in Grantor’s financial condition, or Lender ▇▇▇▇▇▇ believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender in good faith believes itself insecure.

Appears in 6 contracts

Sources: Commercial Pledge Agreement (Laird Superfood, Inc.), Commercial Pledge Agreement (Laird Superfood, Inc.), Commercial Security Agreement (Speedemissions Inc)

Adverse Change. A material adverse change occurs in Grantor’s 's financial condition, or Lender ▇▇▇▇▇▇ believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender in good faith believes itself insecure.

Appears in 5 contracts

Sources: Commercial Security Agreement (Arts Way Manufacturing Co Inc), Commercial Security Agreement (American Consumers Inc), Commercial Security Agreement (American Consumers Inc)

Adverse Change. A material adverse change occurs in Grantor’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender Lender, in good faith believes faith, deems itself insecure.

Appears in 3 contracts

Sources: Security Agreement (Globalscape Inc), Security Agreement (Globalscape Inc), Security Agreement (Globalscape Inc)

Adverse Change. A material adverse change occurs in Grantor’s 's financial condition, or Lender ▇▇▇▇▇▇ believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender Lender, in good faith believes faith, deems itself insecure.

Appears in 3 contracts

Sources: Disbursement Request and Authorization (Expresspoint Technology Systems Inc), Corporate Resolution to Borrow (Arc Communications Inc), Commercial Security Agreement (Phoenix Gold International Inc)

Adverse Change. A material adverse change occurs in Borrower's or Grantor’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness lndebteidness is impaired. Insecurity. Lender in good faith faith-believes itself insecure.

Appears in 2 contracts

Sources: Commercial Security Agreement (Hickok Inc), Commercial Security Agreement (Hickok Inc)

Adverse Change. A material adverse change occurs in Grantor’s financial condition, or Lender L▇▇▇▇▇ believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender in good faith believes itself insecure.

Appears in 2 contracts

Sources: Commercial Security Agreement (Syra Health Corp), Commercial Pledge Agreement (Schermer Robert E Jr)

Adverse Change. A material adverse change occurs in Grantor’s 's financial condition, or Lender believes Len▇▇▇ ▇▇lieves the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender in good faith believes itself insecure.

Appears in 2 contracts

Sources: Commercial Security Agreement (American Consumers Inc), Commercial Security Agreement (American Consumers Inc)

Adverse Change. A material adverse change occurs in Grantor’s 's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness Indebte▇▇▇▇▇ is impaired. Insecurity. Lender Lender, in good faith believes faith, deems itself insecure.

Appears in 1 contract

Sources: Commercial Security Agreement (Tower Tech Inc)

Adverse Change. A material adverse change occurs in Grantor’s 's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender in good faith believes ▇▇▇▇▇ ▇▇▇▇▇ itself insecure.

Appears in 1 contract

Sources: Loan and Security Agreement (Snowdance Inc)

Adverse Change. A material adverse change occurs in Grantor’s 's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. /s/ WW Insecurity. Lender in good faith believes itself insecure.. /s/ WW

Appears in 1 contract

Sources: Commercial Pledge and Security Agreement (Monarch Cement Co)

Adverse Change. A material adverse change occurs in Borrowers or Grantor’s financial condition, or Lender ▇▇▇▇▇▇ believes the prospect of payment or performance of the Indebtedness is impairedImpaired. Insecurity. Lender in good faith believes itself insecure.

Appears in 1 contract

Sources: Commercial Security Agreement (Arts Way Manufacturing Co Inc)

Adverse Change. A material adverse change occurs in Grantor’s 's financial condition, or Lender L▇▇▇▇▇ believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender in good faith believes itself insecure.

Appears in 1 contract

Sources: Commercial Security Agreement (American Consumers Inc)

Adverse Change. A material adverse change occurs in Grantor’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness lndebteidness is impaired. Insecurity. Lender in good faith faith-believes itself insecure.

Appears in 1 contract

Sources: Commercial Security Agreement (Hickok Inc)

Adverse Change. A material adverse change occurs in Grantor’s or Borrower’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender Lender, in good faith believes faith, deems itself insecure.

Appears in 1 contract

Sources: Security Agreement (Globalscape Inc)

Adverse Change. A material adverse change occurs in In Grantor’s financial condition, or Lender lender believes the prospect of payment or performance of the Indebtedness is impairedImpaired. Insecurity. Lender in good faith believes itself insecure.

Appears in 1 contract

Sources: Commercial Security Agreement (Labwire Inc)

Adverse Change. A material adverse change occurs in In Grantor’s 's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness indebtedness is impaired. Insecurity. Lender Lender, in good faith believes faith, deems itself insecure.

Appears in 1 contract

Sources: Loan and Security Agreement (Lifeminders Com Inc)

Adverse Change. A material adverse change occurs in Grantor’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impairedImpaired. Insecurity. Lender Lender, in good faith believes faith, deems itself insecure.

Appears in 1 contract

Sources: Commercial Security Agreement (Pc Universe Inc)

Adverse Change. A material adverse change occurs in Grantor’s 's financial condition, or Lender believes the prospect of prosp▇▇▇ ▇▇ payment or performance of the Indebtedness is impaired. Insecurity. Lender Lender, in good faith believes faith, deems itself insecure.

Appears in 1 contract

Sources: Commercial Security Agreement (Usabancshares Inc)