Common use of Adverse Agreements Clause in Contracts

Adverse Agreements. The Borrower is not a party to any agreement or instrument, nor subject to any charter or other restriction, materially and adversely affecting the business, properties, assets, or operations of the Borrower or its condition (financial or otherwise), and the Borrower is not in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any agreement or instrument to which it is a party, which default would constitute a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (LHC Group, Inc), Second Lien Credit Agreement (Carrizo Oil & Gas Inc), Credit Agreement (LHC Group, Inc)

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Adverse Agreements. The Neither Borrower is not a party to any agreement or instrument, nor or subject to any charter or other restriction, materially and adversely affecting the its business, properties, assets, or operations of the Borrower or its condition (financial or otherwise), and the neither Borrower is not in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any agreement or instrument to which it is a party, which default would constitute a Material Adverse EffectChange.

Appears in 3 contracts

Samples: Loan Agreement (Compressco Inc), Loan Agreement (Compressco Inc), Loan Agreement (Emerging Alpha Corp)

Adverse Agreements. The Borrower is not a party to any indenture, loan or credit agreement or instrument, nor lease or other agreement or instrument or subject to any charter or other restrictioncorporation restriction which, materially and adversely affecting if performance or compliance therewith is effected for its intended purpose by the parties thereto, would cause a Material Adverse Change in Borrower's business, properties, assets, operations or operations of the Borrower or its condition (condition, financial or otherwise), and or on the ability of Borrower is not in default in the performance, observance or fulfillment of to carry out its obligations under any of the obligations, covenants or conditions contained in any agreement or instrument to which it is a party, which default would constitute a Material Adverse EffectTransaction Documents.

Appears in 2 contracts

Samples: Convertible Loan and Security Agreement (Pacificorp /Or/), Convertible Loan and Security Agreement (Covol Technologies Inc)

Adverse Agreements. The Borrower is not a party to any agreement or instrument, nor or subject to any charter or other restriction, materially and adversely affecting the its business, properties, assets, or operations of the Borrower or its condition (financial or otherwise), and the Borrower is not in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any agreement or instrument to which it is a party, which default would constitute a Material Adverse EffectChange.

Appears in 1 contract

Samples: Loan Agreement (Emerging Alpha Corp)

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Adverse Agreements. The Borrower is not a party to any agreement or instrument, nor subject to any charter or other restriction, materially and adversely affecting the business, properties, assets, or operations of the Borrower or its condition (financial or otherwise), and the Borrower is not in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any agreement or instrument to which it is a party, which default would constitute a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

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