Adverse Developments. Since the date of the financial statements most recently furnished to Lender, there has been no change in the business, prospects, operations or condition, financial or otherwise, of Borrower or any of its properties or assets which would, individually or in the aggregate, have a Material Adverse Effect.
Appears in 3 contracts
Samples: Subordinated Loan Agreement (Rurbanc Data Services Inc), Subordinated Loan Agreement (Rurbanc Data Services Inc), Subordinated Loan Agreement (Rurbanc Data Services Inc)
Adverse Developments. Since the date of the last financial statements most recently furnished to Lender, there has been no change Material Adverse Change in the business, prospects, operations or condition, financial or otherwise, of Borrower Borrowers or any of its the properties or assets which would, individually or in the aggregate, have a Material Adverse Effectof Borrowers.
Appears in 2 contracts
Samples: Compensation Agreement (Hightimes Holding Corp.), Compensation Agreement (Origo Acquisition Corp)
Adverse Developments. Since the date of the financial statements most recently furnished to Lenderthe Banks, there has been no change in the business, prospects, operations or condition, financial or otherwise, of Borrower any of the Borrowers or any of its their respective properties or assets which would, individually or in the aggregate, would have a Material Adverse Effect.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (MPW Industrial Services Group Inc), Credit Loan Agreement (MPW Industrial Services Group Inc)
Adverse Developments. Since the date of the financial statements most recently furnished to Lender, there has been no material adverse change in the business, prospects, operations or condition, financial or otherwise, of Borrower the Borrowers or any of its the properties or assets which would, individually or in of the aggregate, have a Material Adverse EffectBorrowers.
Appears in 2 contracts
Samples: Loan and Security Agreement (Transcat Inc), Loan and Security Agreement (Transcat Inc)
Adverse Developments. Since the date of the financial statements most recently furnished to Lender, there has been no material adverse change in the business, prospects, operations or condition, financial or otherwise, of Borrower Borrowers, Guarantor or any of its the properties or assets which would, individually of Borrowers or in the aggregate, have a Material Adverse EffectGuarantor.
Appears in 1 contract
Samples: Loan and Security Agreement (American BioCare, Inc.)
