Material Adverse Effect

Material Adverse Effect. A material adverse effect upon (i) the financial position or results or operation of Borrower or Guarantor, as applicable, (ii) the ability of Borrower or Guarantor to perform any of its obligations under the Loan Documents, or (iii) the value of the Mortgaged Properties.

Material Adverse Effect. A material adverse effect upon (i) the financial position or results or operation of any Co-Borrower or Guarantor, as applicable, (ii) the ability of any Co-Borrower or Guarantor to perform any of its obligations under the Loan Documents, or (iii) the value of any Property.

Material Adverse Effect. Means any circumstance, change or effect that, individually or when taken together with all other such circumstances, changes or effects is materially adverse to the Company.

Material Adverse Effect. Means, with respect to the Company, a material adverse effect on the business, assets, condition (financial or otherwise), results of operations or prospects of the Company and its subsidiaries taken as a whole.

Material Adverse Effect. Means (x) a material adverse effect on the financial condition, business or property of the Guarantor or on its ability to perform in all material respects its obligations under any Loan Document to which it is a party, (y) a material adverse effect on the financial condition, business, property and ability of any other Project Party to perform in all material respects its obligations under any Loan Document to which it is a party or (z) a material impairment of the validity or enforceability... of, or a material impairment of the rights, remedies or benefits available to the Administrative Agent, the Issuer or the Lenders under any of the Loan Documents. View More

Material Adverse Effect. Means any materially adverse effect upon the business operation, assets, liabilities, financial condition, results of operations or business prospects of the Company or any of its Subsidiaries, or upon the ability of the Company to operate its current business or to perform the Transaction Documents, resulting from any act, omission, situation, status, event or undertaking, either singly or taken together.

Material Adverse Effect. Shall mean with respect to Buyer or Company, as the case may be, any event, change or effect that is materially adverse to the financial condition, properties, assets, liabilities, business, operations, results of operations, or prospects of such entity or group of entities, as the case may be, taken as a whole, but shall not include any of the following in and of themselves, either alone or in combination: (i) any effect or change occurring as a result of (A) general economic or financial... conditions or (B) other developments that are not unique to Buyer or Company, as the case may be, but also affect other persons who participate or are engaged in the lines of business in which Buyer or Company, as the case may be, participates or is engaged (ii) any change in or effect on the business, financial condition, assets (including intangible assets) or results of operations of Buyer or Company, as the case may be, following the date of this Agreement resulting from a delay or, reduction in or cancellation or change in the terms of purchases from or other transactions with a person or any of its subsidiaries, demonstrated to be proximately caused by the pendency or announcement of this Agreement or the transactions contemplated hereby, to the extent so proximately caused; (iii) failure in itself, but not any cause thereof, of Buyer's or Company's, as the case may be, results of operations to meet any internal or external predictions, projections, estimates or expectations; or (iv) as to Buyer only, change in market price or trading volume of Buyer Common Stock. View More

Material Adverse Effect. Means, with respect to any Person, any change or effect which is materially adverse to the financial condition or results of operations of such Person and its subsidiaries, taken as a whole, excluding in all cases: (i) events or conditions generally affecting the industry in which such Person and its subsidiaries operate or arising from changes in general business or economic conditions; (ii) any effect resulting from any change in law or generally accepted accounting principles from the date... of this Agreement, which effects generally entities such as such Person; (iii) events resulting directly from the execution and/or announcement of this Agreement, including, without limitation, the cancellation or postponement of customer orders or the absence of customer sales during the pendency of the Agreement; and (iv) any effect resulting from compliance by such Person with the terms of this Agreement. View More

Material Adverse Effect. Shall mean any material adverse effect on (i) the ability of the Company to perform its obligations hereunder (including the issuance of the Shares) or under the Registration Rights Agreement or (ii) the business, operations, properties, prospects or financial condition of the Company. 1 2

Material Adverse Effect. Means (unless otherwise specified), as to a party, any condition or event that may (i) have a material adverse effect on the assets, business, financial condition, operations of such party or parties taken as a whole, (ii) materially impair the ability of such party to perform its obligations under this Agreement or (iii) prevent or delay beyond the Expiration Date the consummation of the transactions contemplated under this Agreement.