Common use of Adverse Change Clause in Contracts

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest financial statement referred to in Section 4.5.

Appears in 5 contracts

Sources: Term Loan Agreement (Mdu Resources Group Inc), Term Loan Agreement (Mdu Resources Group Inc), Credit Agreement (Mdu Resources Group Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower or any Subsidiary since the date of the latest financial statement referred to in Section 4.5.

Appears in 4 contracts

Sources: Credit Agreement (Arctic Cat Inc), Credit Agreement (Choicetel Communications Inc /Mn/), Credit Agreement (Arctic Cat Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest financial statement referred to in Section 4.54.05.

Appears in 3 contracts

Sources: Loan Agreement (Wsi Industries, Inc.), Revolving Credit Loan Agreement (Aci Telecentrics Inc), Loan Agreement (Wsi Industries Inc)

Adverse Change. There has been no material adverse -------------- change in the business, properties or condition (financial or otherwise) of the Borrower or its Subsidiaries since the date of the latest financial statement statements referred to in Section 4.57.5.

Appears in 2 contracts

Sources: Secured Credit Agreement (First Banks, Inc), Secured Credit Agreement (First Banks Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest last financial statement referred to in Section 4.5.

Appears in 2 contracts

Sources: Term Loan Agreement (Rotonics Manufacturing Inc/De), Credit Agreement (Rotonics Manufacturing Inc/De)

Adverse Change. There has been no material adverse change in the business, properties properties, or condition (financial or otherwise) of Borrower, any Guarantor or any of the Borrower Collateral since the date of the latest last financial statement referred statements furnished to in Section 4.5Lender.

Appears in 2 contracts

Sources: Construction Loan Agreement (Roberts Realty Investors Inc), Construction Loan Agreement (Roberts Realty Investors Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest financial statement referred to in Section 4.54.4.

Appears in 2 contracts

Sources: Limited Liability Company Agreement (Community First Bankshares Inc), Limited Liability Company Agreement (Community First Bankshares Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower or Guarantors since the date of the latest financial statement referred to in Section 4.54.05.

Appears in 1 contract

Sources: Loan Agreement (Wsi Industries, Inc.)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower Borrower, since the date of the latest financial statement statements referred to in Section 4.5.

Appears in 1 contract

Sources: Loan Agreement (Professional Veterinary Products LTD /Ne/)

Adverse Change. There has been no material adverse change in the business, properties properties, or condition (financial or otherwise) of Borrower, any Guarantor or the Borrower Property since the date of the latest last financial statement referred statements furnished to in Section 4.5Lender.

Appears in 1 contract

Sources: Loan Agreement (Roberts Realty Investors Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the either Borrower since the date of the latest financial statement of that Borrower referred to in Section 4.5.

Appears in 1 contract

Sources: Credit Agreement (Albecca Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition conditions (financial or otherwise) of Borrower or the business conducted by Borrower since the date of the latest financial statement statements referred to in Section 4.54.5 hereof.

Appears in 1 contract

Sources: Credit Agreement (America First Multifamily Investors, L.P.)

Adverse Change. There To Borrower's best knowledge, there has been no material adverse change in the its business, properties properties, or condition conditions (financial or otherwise) of the Borrower since the date of the latest financial statement Financial Statements referred to in Section 4.55.9 hereof.

Appears in 1 contract

Sources: Loan Agreement (Transcrypt International Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower and its Subsidiaries since the date of the latest last financial statement referred to in Section 4.5.

Appears in 1 contract

Sources: Credit Agreement (First Interstate Bancsystem Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest last financial statement referred to in Section 4.54.5 that has had or could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Sources: Credit Agreement (Green Plains Renewable Energy, Inc.)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower Borrower, since the date of the latest financial statement referred to in Section 4.5.

Appears in 1 contract

Sources: Loan Agreement (Professional Veterinary Products LTD /Mo/)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower Borrowers since the date of the latest last financial statement referred to in Section 4.52.5.

Appears in 1 contract

Sources: Credit Agreement (Communications Systems Inc)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower or its Subsidiaries since the date of the latest financial statement referred to in Section 4.5.

Appears in 1 contract

Sources: Term Credit Agreement (Sa Telecommunications Inc /De/)

Adverse Change. There has been no material adverse change in the business, properties or condition (financial or otherwise) of the Borrower since the date of the latest financial statement statements referred to in Section 4.5paragraph 8(d).

Appears in 1 contract

Sources: Loan Agreement (American Church Mortgage Co)