Litigation Against Borrower. Any suit is filed against Borrower, which has a reasonable likelihood of an adverse determination and which, if adversely determined, is reasonably likely to substantially impair the ability of Borrower to perform any or all of its material obligations under and by virtue of this Agreement or any of the other Loan Documents.
Appears in 3 contracts
Samples: Business Loan and Security Agreement (Iron Bridge Mortgage Fund, LLC), Loan and Security Agreement (Terra Property Trust, Inc.), Loan and Security Agreement (Terra Secured Income Fund 5, LLC)