Common use of Adverse Change Clause in Contracts

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

Appears in 6 contracts

Samples: Commercial Pledge Agreement (Laird Superfood, Inc.), Commercial Pledge Agreement (Laird Superfood, Inc.), Commercial Security Agreement (Speedemissions Inc)

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

Appears in 4 contracts

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

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

Appears in 3 contracts

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

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

Appears in 1 contract

Samples: Security Agreement (Labwire Inc)

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

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Security Agreement (Usabancshares Inc)

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

Appears in 1 contract

Samples: Commercial Security Agreement (American Consumers Inc)

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

Appears in 1 contract

Samples: Pledge and Security Agreement (Monarch Cement Co)

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

Appears in 1 contract

Samples: Security Agreement (Pc Universe Inc)

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

Appears in 1 contract

Samples: Security Agreement (Natrol Inc)

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

Appears in 1 contract

Samples: Security Agreement (Tower Tech Inc)

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

Appears in 1 contract

Samples: Security Agreement (Hickok Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Snowdance Inc)

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