Material Adverse Effect Definition Example

This example Material Adverse Effect definition appears in 2 contracts from 1 company

Material Adverse Effect. Means a material adverse effect on (i) the business, assets, operations, prospects or financial or other condition of either Issuer; (ii) the ability of either Issuer to pay or perform the Obligations in accordance with the terms of this Note and the other Transaction Documents and to avoid an Event of Default, or an event which, with the giving of notice or the passage of time or both, would constitute an Event of Default, under any Transaction Document; or (iii) the rights and remedies of... Purchaser under this Note, the other Transaction Documents or any related document, instrument or agreement. View More Arrow
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