Material Adverse Effect

Material Adverse Effect. Means a material adverse effect on the condition (financial or otherwise) or results of operations of the Business or on the Assets.

Material Adverse Effect. As to the Sellers, a material adverse effect on the condition (financial or otherwise), operations or business of the Company or assets of the Business or the ability of the Sellers to perform their obligations under the Transaction Documents. As to the Buyer or Guarantor, a material adverse effect on the condition (financial or otherwise), operations or business of the Buyer or assets of the Buyer or Guarantor, as the case may be, or the ability of Buyer or Guarantor to perform its obligations... under the Transaction Documents. View More

Material Adverse Effect. Shall mean any material adverse effect on (i) the Shares, (ii) the ability of the Company to perform its obligations hereunder (including the issuance of the Shares) or under the registration rights referred to in Section 5(k) below or (iii) the business, operations, properties or financial condition of the Company and its subsidiaries, taken as a whole.

Material Adverse Effect. Means a material adverse effect on (a) the business, operations, financial condition, assets or properties of the Company and its Subsidiaries taken as a whole, or (b) the ability of the Company to perform its obligations under this Agreement and the Notes, or (c) the validity or enforceability of this Agreement or the Notes.

Material Adverse Effect. Means any change(s) or effect(s) that, individually or in the aggregate, are materially adverse to: (i) the assets, business, operations, income, prospects or condition (financial or otherwise) of Med and its consolidated Subsidiaries, taken as a whole, or to ARL or TEGCO, individually; (ii) the ability of Med and the other Med Parties to perform their respective obligations under this Agreement, the Amended Debentures, and the other Modification Documents to which they may be parties; or (iii)... the validity or enforceability of this Agreement, the Amended Debentures, or the other Modification Documents, in any manner that would materially impair the practical realization by PIBL or the Holders of their rights, benefits or remedies under the Modification Documents. View More

Material Adverse Effect. Means a material adverse effect on (a) the business, prospects, assets, operations or financial condition of Company or Parent; (b) the ability of Company to pay or perform the Obligations in accordance with the terms of this Bridge Note and the Security Agreement; or (c) the rights and remedies of Investor under this Bridge Note, the other Transaction Documents or any related document, instrument or agreement.

Material Adverse Effect. Has the meaning given in the Purchase Agreement.

Material Adverse Effect. Means, as to any person, any change event or effect that is materially adverse to (a) the business, assets, financial condition, operations or results of operations of such person and its subsidiaries taken as a whole; or (b) the ability of such person to consummate the transactions contemplated by this Agreement or perform its obligations with respect thereto; provided, however, that in no event shall a decline in the market price ... of any person's publicly traded securities, in and of itself, constitute a Material Adverse Effect. View More

Material Adverse Effect. Means a material adverse effect on the Acquired Assets, taken as a whole, or on the financial condition or operating results of the Business, or on the ability of the Business to consummate the transactions contemplated by this Agreement, but shall not mean any such effect resulting from or arising in connection with (i) changes in economic, regulatory or political conditions generally and changes or conditions affecting the industry that... the Business is in (including, without limitation, changes due to seasonality or war or terrorism) and not specifically relating to the Business, (ii) fluctuations in currency exchange rates, (iii) the transactions contemplated by this Agreement, or any announcement thereof, (iv) resignations or departures of employees or consultants of HCS, or (v) changes resulting from any action taken by HFC prior to the Closing. View More

Material Adverse Effect. Shall mean a material adverse effect on the assets, condition (financial or otherwise), affairs, business, results of operations or prospects of the Company, but shall not include general economic conditions, conditions affecting the Company and its competitors generally or those matters disclosed in Section 2.6 of the Schedule of Exceptions.