Material Adverse Change Definition Example with 8 Variations

This page contains an example definition of Material Adverse Change, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Material Adverse Change. Means any of the following: (i) a material adverse change in the business, operations, or financial or other condition of the Borrower, or (ii) a material impairment of the prospect of repayment of any portion of the Obligations; or (iii) a material impairment of the value or priority of Silicon's security interests in the Collateral.
Found in DAEGIS INC. contract

Variations

Material Adverse Change. Means is any of the following: (i) a material adverse change in the business, operations, or financial condition (financial or other condition otherwise) of the Borrower, or (ii) a material impairment of the prospect of repayment of any portion of the Obligations; or (iii) a material impairment of the value or priority of Silicon's Bank's security interests in the Collateral.
Found in 3 Contracts from 3 Companies
Material Adverse Change. Means means any of the following: (i) a material adverse change in the business, operations, or financial or other condition of the Borrower, Borrower (in the case of two Borrowers, such entities taken as a whole), or (ii) a material impairment of the prospect of repayment of any portion of the Obligations; or (iii) a material impairment of the value or priority of Silicon's PFG's security interests in the Collateral.
Found in 2 Contracts from BIOJECT MEDICAL TECHNOLOGIES INC
Material Adverse Change. Means means any of the following: (i) a material adverse change in the business, operations, or financial or other condition of the Borrower, or (ii) a material impairment of the prospect of repayment of any portion of the Obligations; or (iii) a material impairment of the value or priority of Silicon's PFG's security interests in the Collateral.
Found in 4 Contracts from 4 Companies
Material Adverse Change. Means is any of the following: (i) a material adverse change in the business, operations, or financial condition (financial or other condition otherwise) of the Borrower, Debtor, or (ii) a material impairment of the prospect of repayment of any portion of the Obligations; or (iii) a material impairment of the value or priority of Silicon's security interests in the Collateral.
Found in OCCAM NETWORKS INC contract
Material Adverse Change. Means means any of the following: (i) a material adverse change in the business, operations, or financial or other condition of the Borrower, or (ii) a material impairment of the prospect of repayment of any portion of the Obligations; Obligations: or (iii) a material impairment of the value or priority of Silicon's security interests interest in the Collateral.
Found in QUINTON CARDIOLOGY SYSTEMS INC contract
Material Adverse Change. Means any of the following: (i) a material adverse change in the business, operations, operations or financial or other condition of the Borrower, or (ii) a material impairment of the prospect of repayment of any portion of the Obligations; or (iii) a material impairment of the value of, or the priority of Silicon's the Bank's security interests in in, the Collateral.
Found in CRITICAL PATH INC contract
Material Adverse Change. Means means any of the following: (i) a material adverse change in the business, operations, or financial or other condition of the Borrower, or (ii) a material impairment of the prospect -17- Silicon Valley Bank Loan and Security Agreement of repayment of any portion of the Obligations; Obligations, or (iii) a material impairment of the value or priority of Silicon's security interests in the Collateral.
Found in PortalPlayer, Inc. contract
Material Adverse Change. Means means any of the following: (i) (a) a material adverse change in the business, operations, or financial or other condition of the Borrower, or (ii) (b) a material impairment of the prospect of repayment of any portion of the Obligations; Obligations, or (iii) (c) a material impairment of the value or priority of Silicon's security interests in the Collateral.
Found in COMDIAL CORP contract
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