Material Impairment. Any event shall occur which shall reasonably cause MLBFS to in good faith believe that the prospect of payment or performance by Customer has been materially impaired.
Appears in 6 contracts
Sources: Loan Agreement (Minimed Inc), Loan Agreement (Cysive Inc), Cash Flow Covenant (U S Long Distance Corp)
Material Impairment. Any event shall occur which shall reasonably cause MLBFS to in good faith believe that the prospect of payment or performance by Customer or any Guarantor has been materially impaired.
Appears in 3 contracts
Sources: Term Wcma Loan and Security Agreement (Barbeques Galore LTD), Loan and Security Agreement (American Eco Corp), Loan Agreement (Skymall Inc)
Material Impairment. Any event shall occur which shall reasonably cause MLBFS to in good faith believe that the prospect of payment or performance by Customer or any Guarantor has been materially impairedImpaired.
Appears in 1 contract
Sources: Loan and Security Agreement (Data Conversion Laboratory)