Substantially prejudicial effect definition

Substantially prejudicial effect. : means the direct and/or indirect consequence of a Significant Event, a fact, a circumstance that can: (i) negatively and significantly affect the Borrower’s legal, equity, financial, economic, administrative or technical situation or its production capacity or its prospects; or (ii) result in serious prejudice to the Bank’s credit rating; or (iii) compromise, in the reasonable and reasoned opinion of the Bank, the prospects for the Loan’s repayment;

Related to Substantially prejudicial effect

  • Unreasonable adverse effects on the environment means any unreasonable risk to humans or the environment, taking into account the economic, social, and environmental costs and benefits of the use of any pesticide.

  • restrictive practice means forming a cartel or arriving at any understanding or arrangement among Bidders with the objective of restricting or manipulating a full and fair competition in the Bidding Process.

  • Business with which he is associated means any business of which a public servant or his relative is an officer, director, owner, partner, employee or is a holder of more than ten percent (10%) of the fair market value or from which he or his relative derives more than Two Thousand Five Hundred Dollars ($2,500.00) in annual income or over which such public servant or his relative exercises control.

  • The judge means the judge or the substitute judge of the juvenile and domestic relations district

  • Alternative Judgment means a form of final judgment that may be entered by the Court but in a form other than the form of Judgment provided for in this Stipulation and where none of the Parties hereto elects to terminate this Settlement by reason of such variance.