Change in the Project. The Borrower makes substantial changes to or does not complete the Project as described in the Application, and such changes have a Material Adverse Effect. Notwithstanding the foregoing, if such change affects the eligibility of the Borrower under the Act or the guidelines promulgated by the Department, even if it is not deemed to have a Material Adverse Effect, the change in Project shall be an Event of Default.
Appears in 3 contracts
Sources: Loan Agreement (Tasty Baking Co), Loan Agreement (Tasty Baking Co), Loan Agreement (Tasty Baking Co)