Common use of Materially Adverse Effect Clause in Contracts

Materially Adverse Effect. Any materially adverse effect on the financial condition, business operations or assets of the Guarantor or any of its Subsidiaries, as the case may be, or material impairment of the ability of the Guarantor or any of its Subsidiaries, as the case may be, to perform its obligations hereunder or under any of the other Loan Documents.