Guarantor Material Adverse Effect definition

Guarantor Material Adverse Effect means (a) a material adverse effect on the business, assets, liabilities, operations, condition (financial or otherwise) or operating results of the Guarantors taken as a whole, the result of which is a material impairment of the ability of the Guarantors taken as a whole to perform their respective obligations under any Loan Document, (b) a material impairment of the totality of rights and remedies of, or benefits available to, any Secured Party under the Loan Documents or (c) a material adverse effect on the value of the Collateral taken as a whole.

Guarantor Material Adverse Effect means a material adverse effect on the business, properties, assets, liabilities, prospects, or condition (financial or otherwise) of Guarantor and its Subsidiaries, taken as a whole, except for any such effects resulting directly or indirectly from (i) changes in the wireless industry generally, (ii) changes in general economic conditions or the financial, banking or securities markets generally (including any disruption thereof and any decline in the price of any security or any market index), (iii) any act of war, armed hostilities or terrorism, or the escalation of hostilities, (iv) changes in GAAP or its application, and (v) changes in Applicable Law (including the FCC Rules) generally affecting the wireless industry.

Guarantor Material Adverse Effect means (a) a material adverse change in, or a material adverse effect upon, the operations, business, assets, properties, income, condition (financial or otherwise) or prospects of the Parent or the Parent and its Subsidiaries taken as a whole; or (b) a material impairment of the ability of the Parent to perform its obligations under any Loan Document to which it is a party.

Examples of Guarantor Material Adverse Effect in a sentence

• Each of the Guarantor and the Company is in compliance with the terms and conditions of all such Governmental Licenses, except where the failure so to comply would not, singly or in the aggregate, result in a Guarantor Material Adverse Effect.

• Guarantor shall, and shall -------------------------------------- cause each Significant Subsidiary to, promptly comply, or cause compliance, with all Governmental Rules, except where the failure to comply could not reasonably be expected to have a Guarantor Material Adverse Effect, including Governmental Rules relating to pollution control, environmental protection, equal employment opportunity or employee benefit plans, ERISA Plans and employee safety.

• The information referred to in the immediately preceding sentence furnished to Administrative Agent or any Bank on or prior to the Closing Date, taken as a whole, as updated or supplemented from time to time, is true and correct in all material respects as of the Closing Date, and as of the Closing Date all such information does not omit to state any fact which could reasonably be expected to have a Guarantor Material Adverse Effect.

• There is no violation by Guarantor or any ------------------- Significant Subsidiary of any Governmental Rule which could reasonably be expected to have a Guarantor Material Adverse Effect.

• Any representation or warranty of Guarantor set forth in this Guaranty shall be untrue or misleading in any material respect as of the time made and such untrue or misleading representation or warranty (i) is having or could reasonably be expected to result in a Guarantor Material Adverse Effect and (ii) shall remain unremedied by Guarantor for a period of 30 days after the earlier of the date that Guarantor becomes aware thereof or receives written notice thereof from Administrative Agent.

More Definitions of Guarantor Material Adverse Effect

Guarantor Material Adverse Effect is defined in Section 6.1.

Guarantor Material Adverse Effect means: ---------------------------------

Guarantor Material Adverse Effect means a material adverse effect on the business, properties, assets, liabilities, prospects, or condition (financial or otherwise) of Guarantor and its Subsidiaries, taken as a whole, except for any such effects resulting directly or indirectly from (a) changes in the broadband industry generally; (b) changes in general economic conditions or the financial, banking or securities markets generally (including any disruption thereof and any decline in the price of any security or any market index); (c) any act of war, armed hostilities or terrorism, or the escalation of hostilities; (d) changes in GAAP or its application and (v) changes in Applicable Law (including the FCC Rules) generally affecting the broadband industry.

Guarantor Material Adverse Effect means a material adverse effect on the ability of Guarantor to perform its obligations under this Guaranty.

Guarantor Material Adverse Effect means a material adverse effect on the business, properties, assets, liabilities, prospects, or condition (financial or otherwise) of Guarantor

Guarantor Material Adverse Effect means in relation to any event, the occurrence of which materially and adversely affects the ability of the Guarantor to perform its payment obligations under the Sukuk TNB WE and/or any of the Transaction Documents to which it is a party”

Guarantor Material Adverse Effect. As defined in this Article II.