Common use of No Adverse Change Clause in Contracts

No Adverse Change. The Borrower certifies that there has been no adverse or material change since the date of loan application in the financial condition, organization, operation, business prospects, fixed properties, or personnel of the Borrower.

Appears in 9 contracts

Samples: Loan Agreement, Security Agreement, Loan Agreement

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No Adverse Change. The Borrower certifies that there There has been no adverse or material change since the date of loan application in the financial condition, organization, operation, business prospects, fixed properties, properties or personnel of the any Borrower.

Appears in 3 contracts

Samples: Loan Agreement (Pioneer Railcorp), Loan Agreement (Pioneer Railcorp), Security Agreement (Pioneer Railcorp)

No Adverse Change. The Borrower certifies that there has been no un-remedied substantial adverse or material change since the date of the Borrower’s original loan application made in conjunction with this transaction in the financial condition, organization, operation, business prospects, fixed properties, or the personnel of the Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Adcare Health Systems Inc), Loan Agreement (Adcare Health Systems Inc)

No Adverse Change. The Borrower certifies that there has been no adverse or material change since the date of the loan application in the financial conditionconditions, organizationorganizations, operation, business prospects, fixed properties, or personnel of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Lynch Corp)

No Adverse Change. The Borrower certifies that there has been no unremedied substantial adverse or material change since the date of the Borrower’s original loan application made in conjunction with this transaction in the financial condition, organization, operation, business prospects, fixed properties, or personnel of the Borrower.

Appears in 1 contract

Samples: CDC/SBC Loan Agreement (Adcare Health Systems Inc)

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No Adverse Change. The Borrower certifies that there has been no adverse or material change since the date of loan application in the financial condition, organization, operation, business prospects, fixed properties, or personnel of of. the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Aspenbio Inc)

No Adverse Change. The Borrower certifies that there has been no adverse or material change since the date of loan application in the financial conditionconditions, organizationorganizations, operation, business prospects, fixed properties, or personnel of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Tetridyn Solutions Inc)

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