Common use of No Material Adverse Event Clause in Contracts

No Material Adverse Event. Nothing shall have occurred since September 30, 1996 or, if later, the date of the audited financial statements most recently delivered to the Agent and the Lenders, which the Agent or the Required Lenders shall determine either (i) constitutes a Material Adverse Event or (ii) has, or may have, a material adverse effect on the rights or remedies of the Agent and the Lenders under this Agreement or any other Loan Document.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Ag-Chem Equipment Co Inc), Term Revolving Credit Agreement (Ag-Chem Equipment Co Inc)

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No Material Adverse Event. Nothing shall have occurred since September 30March 31, 1996 1999 or, if later, the date of the audited financial statements most recently delivered to the Agent and the Lenders, which the Agent or the Required Lenders shall determine either (i) constitutes a Material Adverse Event or (ii) has, or may have, a material adverse effect on the rights or remedies of the Agent and the Lenders under this Agreement or any other Loan Document.

Appears in 2 contracts

Samples: Term Revolving Credit Agreement (Ag-Chem Equipment Co Inc), Credit Agreement (Ag-Chem Equipment Co Inc)

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No Material Adverse Event. Nothing shall have occurred since September 30, 1996 1997, or, if later, the date of the audited financial statements most recently delivered to the Agent and the Lenders, which the Agent or the Required Lenders shall determine either (i) constitutes a Material Adverse Event or (ii) has, or may have, a material adverse effect on the rights or remedies of the Agent and the Lenders under this Agreement or any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Ag-Chem Equipment Co Inc)

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