Material Adverse Effect

Material Adverse Effect. Means that the action or event, taken alone or in the aggregate, has a material adverse effect on the GC Business, the assets used in the GC Business, the Transaction or the Reorganization Plan.

Material Adverse Effect. Shall mean an adverse effect upon the business, financial condition, results of operations or prospects of the Company, or upon the ability of the Company to perform its obligations hereunder or under the Security Agreement, which adverse effect would be viewed as material by a reasonably prudent lender.

Material Adverse Effect. Means any material adverse change in the assets, business or financial condition of the Company.

Material Adverse Effect. Means a material adverse effect on (i) the business, assets, condition (financial or otherwise) or results of operations of Borrower or any subsidiary of Borrower or any guarantor of any of the Obligations, (ii) the ability of Borrower or any guarantor of any of the Obligations to perform its obligations under this Agreement (including, without limitation, repayment of the Obligations as they come due) or (iii) the validity or enforceability of this Agreement or any other agreement or document... entered into by any party in connection herewith, or the rights or remedies of Coast hereunder or thereunder. View More

Material Adverse Effect. Means any change, circumstance, condition or event that has a material adverse effect on (i) the ViaSeal Access Control Business or the Assets or (ii) Seller's ability to perform its obligations under this Agreement and the other Seller Transaction Documents; provided, however, that no such change, circumstance, condition or event shall constitute a Material Adverse Effect if such change, circumstance, condition or event (x) generally affects the security ... software industry or the local or national economy, (y) is caused by fluctuations in general market conditions, political environment or economic outlooks or (z) is caused directly by Buyer. View More

Material Adverse Effect. Means a material and adverse effect on the business, assets or financial condition of a Person, taken as a whole.

Material Adverse Effect. A material adverse effect on (a) the business, assets, property or condition (financial or otherwise) of the Guarantor and its Subsidiaries, taken as a whole, and which has a material adverse effect on the ability of the Guarantor to perform its obligations under this Guarantee or any other Loan Document or (b) the validity or enforceability of any of the Loan Documents or the material rights or remedies of the Administrative Agent or the Lenders... hereunder or thereunder. For purposes of the foregoing, changes in the business, assets, property or condition (financial or otherwise) of Globalstar or its Subsidiaries shall not be considered in determining whether a Material Adverse Effect has occurred. View More

Material Adverse Effect. Means a material adverse effect on the condition, business, assets, or results of operations of the Company and its subsidiaries as a whole.

Material Adverse Effect. 4.1

Material Adverse Effect. Shall mean any material adverse effect on the financial condition or business operations of the Company and its Subsidiaries, taken as a whole.