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.
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Samples: Note and Loan Agreement (Minimed Inc), Wcma and Term Wcma Loan and Security Agreement Wcma and Term Wcma Loan and Security Agreement (U S Long Distance Corp), Loan and Security Agreement (Faro Technologies 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.
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