No Material Change definition

No Material Change. No Default. There has been no material adverse change in the financial condition, business, affairs of any of the Borrowers or the Guarantors, or their respective Subsidiaries since the date of its last financial statement most recently delivered to the Agent. No Default or Event of Default exists under any of the Loan Documents.
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Examples of No Material Change in a sentence

  • No Material Change, as hereinafter defined, shall have occurred with respect to the Property that has not been approved in writing by Buye▇.

  • No Material Change (as defined below) shall have occurred with respect to the Property after the Contingency Date and prior to the Closing that has not been approved by Buyer in writing.

  • No Material Change, as hereinafter defined, shall have occurred with respect to the Property that has not been approved in writing by Buyer.

  • SECTION 6.1. Organization and Good Standing 35 SECTION 6.2. Due Authorization 35 SECTION 6.3. No Conflicts 35 SECTION 6.4. Consents 35 SECTION 6.5. Enforceable Obligations 36 SECTION 6.6. Financial Condition 36 SECTION 6.7. No Material Change 36 SECTION 6.8. No Default 36 SECTION 6.9. Indebtedness 36 SECTION 6.10.

  • No Material Change..................................................................

  • No Material Change shall have occurred with respect to the applicable ▇▇▇▇▇▇▇ Hotel.

  • Schedule 5.6 - Notes to Financial Statements Schedule 5.7 - Statement of No Material Change Schedule 5.8 - Title to and Condition of Properties Schedule 5.10 - Tax Matters Schedule 5.11 - Contracts Schedule 5.12 - Litigation Schedule 5.13 - Patents and Trademarks Schedule 5.17 - Governmental Authorizations and Regulations Schedule 5.19 - Certain Transactions NOTE: AirNet Systems, Inc.

  • First Loan Advance - 8 - 7.1.1 Satisfactory Loan Documents - 9 - 7.1.2 No Material Change - 9 - 7.1.3 Warranties and Representations Accurate - 9 - 7.1.4 Financials and Appraisals - 9 - 7.1.5 Validity and Sufficiency of Security Documents - 9 - 7.

  • SECTION 6.1. Organization and Good Standing 30 SECTION 6.2. Due Authorization 30 SECTION 6.3. No Conflicts 30 SECTION 6.4. Consents 31 SECTION 6.5. Enforceable Obligations 31 SECTION 6.6. Financial Condition 31 SECTION 6.7. No Material Change 31 SECTION 6.8. No Default 31 SECTION 6.9. Indebtedness 32 SECTION 6.10.

  • CONDITIONS TO CLOSING AND FUNDING OF LOANS 26 8.1. Conditions to Closing 26 8.1.1. Loan Documents 26 8.1.2. Approvals 26 8.1.3. Organizational Documents 26 8.1.4. Evidence of Corporate Action 26 8.1.5. Evidence of Insurance 26 8.1.6. Appointment of Agent for Service 27 8.1.7. No Material Change 27 8.1.8. Fees and Expenses 27 8.1.9. Bank Equity Interest Purchase Obligation 27 8.1.10.

Related to No Material Change

  • Material Change means a change that an average, careful investor would want to know about before making an investment decision. If a material change occurs afler you make an investment commitment but before the ORering closes, then the Company will notify you and ask whether you want to invest anyway. If you do not affirmatively choose to invest, then your commitment will be cancelled, your funds will be returned to you, and you will not receive any securities.

  • Material Change in Formula means the occurrence since the Launch Date of a material change in the formula for, or the method of, calculating the Reference Price.

  • Material Change in Content means the occurrence since the Launch Date of a material change in the content, composition or constitution of the Futures Contract or the Commodity.

  • Substantial change means a change to the terms of this Agreement that reduces your rights or increases your responsibilities.

  • Adverse Change A material adverse change occurs in Borrower's financial condition, or Lender believes the prospect of payment or performance of this Note is impaired.