Material Adverse Change Sample Clauses
A Material Adverse Change clause allows one or both parties in a contract to withdraw from or renegotiate the agreement if significant negative events occur that substantially affect the value or viability of the deal. Typically, this clause outlines specific circumstances—such as drastic financial losses, regulatory changes, or major operational disruptions—that would trigger its application. Its core function is to allocate risk by protecting parties from being bound to a contract when unforeseen, detrimental changes undermine the original basis of the agreement.
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Material Adverse Change. Since December 31, 2006, there has been no change in the business, Property, condition (financial or otherwise) or results of operations of the Borrower and its Subsidiaries which could reasonably be expected to have a Material Adverse Effect.
Material Adverse Change. If there occurs a material adverse change in Borrower's business or financial condition, or if there is a material impairment of the prospect of repayment of any portion of the Obligations or a material impairment of the value or priority of Bank's security interests in the Collateral;
Material Adverse Change. If there occurs any circumstance or any circumstances which would reasonably be expected to have a Material Adverse Effect;
Material Adverse Change. If there (i) occurs a material adverse change in the business, operations, or condition (financial or otherwise) of the Borrower, or (ii) is a material impairment of the prospect of repayment of any portion of the Obligations or (iii) is a material impairment of the value or priority of Bank's security interests in the Collateral;
Material Adverse Change. Since the respective dates as of which information is given in the Registration Statement and the Prospectus, except as may otherwise be stated therein or contemplated thereby, there has not occurred a Company MAE, whether or not arising in the ordinary course of business.
Material Adverse Change. A material adverse change occurs, or is reasonably likely to occur, in Borrower’s (or any guarantor’s) business condition (financial or otherwise), operations, properties or prospects, or ability to repay the credit.
Material Adverse Change. 9 8.4 Attachment....................................... 9 8.5 Insolvency....................................... 10 8.6
Material Adverse Change. Promptly after the occurrence thereof, notice of any material adverse change in the business, operations, property or financial or other condition of the Borrower, the Servicer, the Performance Guarantor or any Originator.
Material Adverse Change. Any event or circumstance occurs which the Majority Lenders reasonably believe has or is reasonably likely to have a Material Adverse Effect.
Material Adverse Change. A Material Adverse Change occurs;