Common use of Adverse Change, etc Clause in Contracts

Adverse Change, etc. As of the date of each Credit Event, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of any facts or conditions not previously known) which the Administrative Agent shall reasonably determine (a) is reasonably likely to have a material adverse effect on the rights and remedies of the Banks or the Administrative Agent under the Credit Documents, taken as a whole, or on the ability of the Credit Parties, taken as a whole, to perform their obligations to the Banks and the Administrative Agent under the Credit Documents, or (b) is reasonably likely to have a Material Adverse Effect. 5.08

Appears in 1 contract

Samples: Credit Agreement (Global Marine Inc)

AutoNDA by SimpleDocs

Adverse Change, etc. As of At the date time of each such Credit EventEvent and also after giving effect thereto, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of any no facts or conditions not previously known) which the Administrative Agent or the Required Banks shall reasonably determine (ai) is has, or could reasonably likely be expected to have have, a material adverse effect on the rights and or remedies of the Banks or the Administrative Agent under the Credit Documents, taken as a wholeAgent, or on the ability of the either Borrower or any other Credit Parties, taken as a whole, Party to perform their its obligations to the Agent or the Banks and the Administrative Agent under the this Agreement or any other Credit DocumentsDocument or (ii) has, or (b) is could reasonably likely be expected to have have, a Material Adverse Effect. 5.08.

Appears in 1 contract

Samples: Credit Agreement (Tristar Aerospace Co)

Adverse Change, etc. As of the date of each Credit Event, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of any facts or conditions not previously known) which the Administrative Agent shall reasonably determine (a) is reasonably likely to have a material adverse effect on the rights and remedies of the Banks or the Administrative Agent under the Credit Documents, taken as a whole, or on the ability of the Credit Parties, taken as a whole, to perform their obligations to the Banks and the Administrative Agent under the Credit Documents, or (b) is reasonably likely to have a Material Adverse Effect. 5.08.

Appears in 1 contract

Samples: Credit Agreement (Global Marine Inc)

Adverse Change, etc. As of At the date time of each Credit EventEvent and after giving effect thereto, nothing shall have occurred since April 28, 1996 (and neither the Banks nor the Administrative Agent shall have become aware of any facts or conditions not previously knownknown or as disclosed in the Registration Statement) which the Administrative Agent shall reasonably determine (a) is has, or could reasonably likely be expected to have have, a material adverse effect on the rights and or remedies of the Banks or the Administrative Agent under the Credit Documents, taken as a wholeAgent, or on the ability of the any Credit Parties, taken as a whole, Party to perform their its obligations to the Banks and the Administrative Agent them hereunder or under the any other Credit Documents, Document or (b) is has, or could reasonably likely be expected to have have, a Material Adverse Effect. 5.08.

Appears in 1 contract

Samples: Revolving Credit Agreement (Superior Telecom Inc)

Adverse Change, etc. As of At the date time of each such Credit EventEvent and also after giving effect thereto, nothing shall have occurred (and neither the Banks Agents nor the Administrative Agent Banks shall have become aware of any facts or conditions not previously known) which either Agent or the Administrative Agent Required Banks shall reasonably determine (ai) is has, or would reasonably likely be expected to have have, a material adverse effect on the rights and or remedies of the Banks or the Administrative Agent under the Credit Documents, taken as a wholeeither Agent, or on the ability of the Holdings, BFPH, any Borrower or any other Credit Parties, taken as a whole, Party to perform their its obligations to either Agent or the Banks and the Administrative Agent under the this Agreement or any other Credit DocumentsDocument or (ii) has, or (b) is would reasonably likely be expected to have have, a Material Adverse Effect. 5.08.

Appears in 1 contract

Samples: Credit Agreement (Big Flower Press Holdings Inc /Pred/)

AutoNDA by SimpleDocs

Adverse Change, etc. As of At the date time of each such Credit EventEvent and also after giving effect thereto, nothing shall have occurred (and neither the Banks Agents nor the Administrative Agent Lenders shall have become aware of any facts or conditions not previously known) which the Administrative Agent shall (i) has, or would reasonably determine (a) is reasonably likely be expected to have have, a material adverse effect on the rights and or remedies of the Banks Lenders or the Administrative Agent under the Credit Documents, taken as a wholeany Agent, or on the ability of the Holdings, BFPH, any Borrower or any other Credit Parties, taken as a whole, Party to perform their its obligations to either Agent or the Banks and the Administrative Agent Lenders under the this Agreement or any other Credit DocumentsDocument or (ii) has, or (b) is would reasonably likely be expected to have have, a Material Adverse Effect. 5.08.

Appears in 1 contract

Samples: Credit Agreement (Vertis Inc)

Adverse Change, etc. As of At the date time of each such Credit EventEvent and also after giving effect thereto, nothing shall have occurred (and neither the Banks nor the Administrative Agent shall have become aware of any no facts or conditions not previously known) which the Administrative Agent or the Required Banks shall reasonably determine (ai) is has, or could reasonably likely be expected to have have, a material adverse effect on the rights and or remedies of the Banks or the Administrative Agent under the Credit Documents, taken as a wholeAgent, or on the ability of the Borrower or any other Credit Parties, taken as a whole, Party to perform their its obligations to the Agent or the Banks and the Administrative Agent under the this Agreement or any other Credit DocumentsDocument or (ii) has, or (b) is could reasonably likely be expected to have have, a Material Adverse Effect. 5.08.

Appears in 1 contract

Samples: Credit Agreement (Maple Leaf Aerospace Inc)

Adverse Change, etc. As of At the date time of each such Credit EventEvent and also after giving effect thereto, nothing shall have occurred (and neither the Banks Agents nor the Administrative Agent Banks shall have become aware of any facts or conditions not previously known) which either Agent or the Administrative Agent Required Banks shall reasonably determine (ai) is has, or would reasonably likely be expected to have have, a material adverse effect on the rights and or remedies of the Banks or the Administrative Agent under the Credit Documents, taken as a wholeeither Agent, or on the ability of the Borrower or any other Credit Parties, taken as a whole, Party to perform their its obligations to either Agent or the Banks and the Administrative Agent under the this Agreement or any other Credit DocumentsDocument or (ii) has, or (b) is would reasonably likely be expected to have have, a Material Adverse Effect. 5.08.

Appears in 1 contract

Samples: Credit Agreement (Big Flower Press Holdings Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.