Adverse Event definition
Examples of Adverse Event in a sentence
There is no action, suit, proceeding or investigation pending or, to ▇▇▇▇▇▇▇▇’s knowledge, threatened, against Borrower which, if adversely determined, might cause a Material Adverse Event.
The Borrower shall preserve and maintain its corporate existence, rights and franchises in the jurisdiction of its organization and shall qualify and remain in good standing in each other jurisdiction where the failure to so qualify would reasonably be expected to cause a Material Adverse Event.
Borrower is not in default with respect to any order or decree of any court or any order, regulation or demand of any Governmental Authority, which default might have consequences that would be a Material Adverse Event.
To the Borrower’s knowledge, the Mojave Groundwater Bank and the use thereof, comply in all material respects with all applicable legal requirements, including, without limitation, all laws, ordinances, regulations, and codes, the failure of which would cause a Material Adverse Event.
No legal proceedings are pending or, to the knowledge of ▇▇▇▇▇▇▇▇, threatened, with respect to the Mojave Groundwater Bank which would cause a Material Adverse Event.