Common use of Adverse Change, etc Clause in Contracts

Adverse Change, etc. At the time of each such Credit Event and also after giving effect thereto, nothing shall have occurred (and the Banks shall have become aware of no facts or conditions not previously known) which the Agent or the Required Banks shall determine (i) has, or could reasonably be expected to have, a material adverse effect on the rights or remedies of the Banks or the Agent, or on the ability of the Borrower or any other Credit Party to perform its obligations to the Agent or the Banks under this Agreement or any other Credit Document or (ii) has, or could reasonably be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Maple Leaf Aerospace Inc)

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Adverse Change, etc. At As of the time date of each such Credit Event and also after giving effect theretoEvent, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of no any facts or conditions not previously known) which the Administrative Agent or the Required Banks shall reasonably determine (ia) has, or could is reasonably be expected likely to have, have a material adverse effect on the rights or and remedies of the Banks or the AgentAdministrative Agent under the Credit Documents, taken as a whole, or on the ability of the Borrower or any other Credit Party Parties, taken as a whole, to perform its their obligations to the Banks and the Administrative Agent or under the Banks under this Agreement or any other Credit Document Documents, or (iib) has, or could is reasonably be expected likely to have, have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Global Marine Inc)

Adverse Change, etc. At the time of each such Credit Event and also after giving effect thereto, nothing shall have occurred (and the Banks shall have become aware of no facts or conditions not previously known) which the Agent or the Required Banks shall determine (i) has, or could reasonably be expected to have, a material adverse effect on the rights or remedies of the Banks or the Agent, or on the ability of the either Borrower or any other Credit Party to perform its obligations to the Agent or the Banks under this Agreement or any other Credit Document or (ii) has, or could reasonably be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Tristar Aerospace Co)

Adverse Change, etc. At the time of each such Credit Event and also after giving effect thereto, nothing shall have occurred (and neither the Agents nor the Banks shall have become aware of no any facts or conditions not previously known) which the either Agent or the Required Banks shall determine (i) has, or could would reasonably be expected to have, a material adverse effect on the rights or remedies of the Banks or the either Agent, or on the ability of the Holdings, BFPH, any Borrower or any other Credit Party to perform its obligations to the either Agent or the Banks under this Agreement or any other Credit Document or (ii) has, or could would reasonably be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Big Flower Press Holdings Inc /Pred/)

Adverse Change, etc. At the time of each such Credit Event and also after giving effect thereto, nothing shall have occurred (and neither the Banks Agents nor the Lenders shall have become aware of no any facts or conditions not previously known) which the Agent or the Required Banks shall determine (i) has, or could would reasonably be expected to have, a material adverse effect on the rights or remedies of the Banks Lenders or the any Agent, or on the ability of the Holdings, BFPH, any Borrower or any other Credit Party to perform its obligations to the either Agent or the Banks Lenders under this Agreement or any other Credit Document or (ii) has, or could would reasonably be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Vertis Inc)

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Adverse Change, etc. At the time of each such Credit Event and also after giving effect thereto, nothing shall have occurred (and neither the Agents nor the Banks shall have become aware of no any facts or conditions not previously known) which the either Agent or the Required Banks shall determine (i) has, or could would reasonably be expected to have, a material adverse effect on the rights or remedies of the Banks or the either Agent, or on the ability of the Borrower or any other Credit Party to perform its obligations to the either Agent or the Banks under this Agreement or any other Credit Document or (ii) has, or could would reasonably be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Big Flower Press Holdings Inc)

Adverse Change, etc. At the time of each such Credit Event and also after giving effect thereto, nothing shall have occurred since April 28, 1996 (and neither the Banks nor the Agent shall have become aware of no any facts or conditions not previously knownknown or as disclosed in the Registration Statement) which the Agent or the Required Banks shall determine (ia) has, or could reasonably be expected to have, a material adverse effect on the rights or remedies of the Banks or the Agent, or on the ability of the Borrower or any other Credit Party to perform its obligations to the Agent them hereunder or the Banks under this Agreement or any other Credit Document or (iib) has, or could reasonably be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Superior Telecom Inc)

Adverse Change, etc. At As of the time date of each such Credit Event and also after giving effect theretoEvent, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of no any facts or conditions not previously known) which the Administrative Agent or the Required Banks shall reasonably determine (ia) has, or could is reasonably be expected likely to have, have a material adverse effect on the rights or and remedies of the Banks or the AgentAdministrative Agent under the Credit Documents, taken as a whole, or on the ability of the Borrower or any other Credit Party Parties, taken as a whole, to perform its their obligations to the Banks and the Administrative Agent or under the Banks under this Agreement or any other Credit Document Documents, or (iib) has, or could is reasonably be expected likely to have, have a Material Adverse Effect.. 5.08

Appears in 1 contract

Samples: Credit Agreement (Global Marine Inc)

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