EEP Material Adverse Effect definition
EEP Material Adverse Effect means any material adverse change (a) on the condition, financial or otherwise, earnings, business or properties of the EEP Entities, taken as a whole, whether or not arising from transactions in the ordinary course of business; or (b) that could reasonably be expected to have a material adverse effect on the performance of this Agreement or any other Basic Document or the consummation of any of the transactions contemplated hereby or thereby.
Examples of EEP Material Adverse Effect in a sentence
Each of the EEP Entities is duly qualified to do business as a foreign limited partnership and is in good standing under the laws of each jurisdiction that requires such qualification, except where the failure so to register or qualify would not, individually or in the aggregate, be reasonably likely to have a EEP Material Adverse Effect.