Common use of Adverse Change, etc Clause in Contracts

Adverse Change, etc. On the Restatement Effective Date, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of any facts or conditions not previously known) which the Administrative Agent or the Required Banks shall determine (i) has, or is reasonably likely to have, a material adverse effect on the rights or remedies of the Banks or the Administrative Agent, or on the ability of the Credit Parties to perform their obligations to them, or (ii) has, or is reasonably likely to have, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Geo Specialty Chemicals Inc), Credit Agreement (Geo Specialty Chemicals Inc)

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Adverse Change, etc. On From August 21, 1996 to the Restatement Effective Date, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of any facts or conditions not previously known) which the Administrative Agent or the Required Banks shall determine (ia) has, or is reasonably likely to have, a material adverse effect on the rights or remedies of the Banks or the Administrative Agent, or on the ability of the Credit Parties Borrower to perform their its obligations to them, or (iib) has, or is reasonably likely to have, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Universal Outdoor Holdings Inc), Credit Agreement (Universal Outdoor Inc)

Adverse Change, etc. On From March 31, 1997 to the Restatement Effective Date, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of any facts or conditions not previously known) which the Administrative Agent or the Required Banks shall reasonably determine (ia) hashas had, or is reasonably likely to have, a material adverse effect on the rights or remedies of the Banks or the Administrative AgentAgent under this Agreement or any other Credit Document, or on the ability of the Credit Parties in the aggregate to perform their obligations to themthereunder, or (iib) hashas had, or is reasonably likely to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Federal Data Corp /Fa/)

Adverse Change, etc. On or prior to the Restatement Effective Date, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of any facts or conditions not previously known) which the Administrative Agent Required Banks or the Required Banks Agent shall determine (ia) has, or is could reasonably likely be expected to have, a material adverse effect on the rights or remedies of the Banks or the Administrative Agent, or on the ability of the any Credit Parties Party to perform their its obligations to them, them hereunder or under any other Credit Document or (iib) has, or is could reasonably likely be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Waters Corp /De/)

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Adverse Change, etc. On From August 1, 1996 to the Restatement Effective Date, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of any facts or conditions not previously known) which the Administrative Agent or the Required Banks shall reasonably determine (i) has, or is would reasonably likely be expected to have, a material adverse effect on the rights or remedies of the Banks or the Administrative AgentAgent under this Agreement or any other Credit Document, or on the ability of the Credit Parties either Borrower to perform their its respective obligations to them, or (ii) has, or is would reasonably likely be expected to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Reltec Corp)

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