Common use of Project Entities Clause in Contracts

Project Entities. The occurrence of any of the events specified in clauses (e), (f), (g) or (h) with respect to any Project Entity and such event or events, either individually or in the aggregate, result in a material adverse effect on (i) the business, assets, operations or financial or other condition of Borrower and its Subsidiaries, taken as a whole; or (ii) the ability of Borrower and its Subsidiaries to pay or perform the Obligations in accordance with the terms of this Loan Agreement and the other Transaction Documents.

Appears in 1 contract

Sources: Loan and Security Agreement (Mascoma Corp)

Project Entities. The occurrence of any of the events specified in clauses (e), (f), (g) or (h) with respect to any Project Entity and such event or events, either individually or in the aggregate, result in a material adverse effect on (i) the business, assets, operations or financial or other condition of any Borrower and its Subsidiaries, taken as a whole; or (ii) the ability of any Borrower and its Subsidiaries to pay or perform the Obligations in accordance with the terms of this Loan Agreement and the other Transaction Documents.

Appears in 1 contract

Sources: Loan and Security Agreement (Mascoma Corp)