Common use of Adverse Change Clause in Contracts

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 19 contracts

Samples: Bankboston Commercial Security Agreement (Embedded Support Tools Corp), Borrower Agreement (Web Press Corp), Loan Agreement (Web Press Corp)

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Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, Lender in good faith, deems faith believes itself insecure.

Appears in 16 contracts

Samples: Security Agreement (Speedemissions Inc), Security Agreement (Rocky Mountain Chocolate Factory Inc), Business Loan Agreement (Torotel Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, Lender in good faith, deems faith believes itself insecure.

Appears in 15 contracts

Samples: Security Agreement (Charge Enterprises, Inc.), Security Agreement (Rocky Mountain Chocolate Factory Inc), Assignment of Rents (Arts Way Manufacturing Co Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness indebtedness is impaired. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 6 contracts

Samples: Security Agreement (Obsidian Enterprises Inc), Commercial Security Agreement (Globalscape Inc), Commercial Security Agreement (Carbite Golf Inc)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender Xxxxxx believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, Lender in good faith, deems faith believes itself insecure.

Appears in 6 contracts

Samples: Commercial Pledge Agreement (Laird Superfood, Inc.), Commercial Pledge Agreement (Nicholson Thomas T), Security Agreement (Natrol Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender Xxxxxx believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, Lender in good faith, deems faith believes itself insecure.

Appears in 4 contracts

Samples: Commercial Security Agreement (American Consumers Inc), Security Agreement (Arts Way Manufacturing Co Inc), Commercial Security Agreement (American Consumers Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender Xxxxxx believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 3 contracts

Samples: Disbursement Request and Authorization (Expresspoint Technology Systems Inc), Security Agreement (Phoenix Gold International Inc), Business Loan Agreement (Arc Communications Inc)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 3 contracts

Samples: Security Agreement (Globalscape Inc), Security Agreement (Globalscape Inc), Security Agreement (Globalscape Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes Lenxxx xxlieves the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, Lender in good faith, deems faith believes itself insecure.

Appears in 2 contracts

Samples: Commercial Security Agreement (American Consumers Inc), Commercial Security Agreement (American Consumers Inc)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender Lxxxxx believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, Lender in good faith, deems faith believes itself insecure.

Appears in 2 contracts

Samples: Security Agreement (Syra Health Corp), Commercial Pledge Agreement (Schermer Robert E Jr)

Adverse Change. A material adverse change occurs in In Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness indebtedness is impaired. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 1 contract

Samples: Loan and Security Agreement (Lifeminders Com Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness Indebtexxxxx is impaired. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 1 contract

Samples: Security Agreement (Tower Tech Inc)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness lndebteidness is impaired. Insecurity. Lender, Lender in good faith, deems -believes itself insecure.

Appears in 1 contract

Samples: Security Agreement (Hickok Inc)

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Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. /s/ WW Insecurity. Lender, Lender in good faith, deems faith believes itself insecure.. /s/ WW

Appears in 1 contract

Samples: Pledge and Security Agreement (Monarch Cement Co)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender Lxxxxx believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, Lender in good faith, deems faith believes itself insecure.

Appears in 1 contract

Samples: Commercial Security Agreement (American Consumers Inc)

Adverse Change. A material adverse change occurs in In Grantor's ’s financial condition, or Lender lender believes the prospect of payment or performance of the Indebtedness is impairedImpaired. Insecurity. Lender, Lender in good faith, deems faith believes itself insecure.

Appears in 1 contract

Samples: Security Agreement (Labwire Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of prospxxx xx payment or performance of the Indebtedness is impaired. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 1 contract

Samples: Security Agreement (Usabancshares Inc)

Adverse Change. A material adverse change occurs in Grantor's ’s or Borrower’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 1 contract

Samples: Security Agreement (Globalscape Inc)

Adverse Change. A material adverse change occurs in Grantor's ’s financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impairedImpaired. Insecurity. Lender, in good faith, deems itself insecure.

Appears in 1 contract

Samples: Security Agreement (Pc Universe Inc)

Adverse Change. A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired. Insecurity. Lender, Lender in good faith, deems xxxxx xxxxx itself insecure.

Appears in 1 contract

Samples: Loan and Security Agreement (Snowdance Inc)

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