Borrower Material Adverse Effect

Example Definitions of "Borrower Material Adverse Effect"
Borrower Material Adverse Effect. A material adverse effect on (a) the ability of Borrower or CME BV to perform any of its material obligations to the Lenders under any Credit Document to which it is or will be a party or (b) the rights of or benefits available to the Lenders under any Credit Document.
Found in CENTRAL EUROPEAN MEDIA ENTERPRISES LTD contract
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