Common use of Material Adverse Clause in Contracts

Material Adverse. Effect Any event or series of events (related or not) occurs which, in the opinion of the Lender (acting reasonably), has or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Sources: Facility Agreement (Advance Nanotech, Inc.)

Material Adverse. Effect Any event or series of events (related circumstance occurs which the Issuers believe has had or not) occurs which, in the opinion of the Lender (acting reasonably), has or is reasonably likely to believe will have a Material Adverse Effect.

Appears in 1 contract

Sources: Letters of Credit Facility Agreement (NCL CORP Ltd.)

Material Adverse. Effect Any event or series of events (related or not) circumstance occurs which, in the opinion of the Lender (acting reasonably), which has or is reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Sources: Multicurrency Revolving Facility Agreement (PPL Energy Supply LLC)