Material Adverse Effect

Material Adverse Effect. Means a material adverse effect on the Business, the Assets or the operations, financial condition or results of operations of Toymax and the Subsidiaries, taken as a whole.

Material Adverse Effect. Means any event or circumstance or series of related events or circumstances that have caused a material adverse effect in the operations, properties or assets of the Business.

Material Adverse Effect. On a Person shall mean, unless ----------------------- otherwise specified, any condition or event that: (i) has a material adverse effect on the assets, business, financial condition or results of operations of such party and its Subsidiaries, taken as a whole, other than any condition or event (A) relating to the economy in general, or (B) arising out of or resulting from actions contemplated by the parties in connection with, or which is attributable to, ... 40 the announcement of this Agreement and the transactions contemplated hereby; (ii) materially impairs the ability of such Person to perform its obligations under this Agreement; or (iii) prevents or materially delays the consummation of transactions contemplated under this Agreement. View More

Material Adverse Effect. Means any event, circumstance or condition that could reasonably be expected to have a material adverse effect on (a) the business, operations, financial condition, properties or prospects of Borrowers, (b) the ability of Borrowers to perform their respective obligations under the Instruments, (c) the validity or enforceability of any of the Instruments, or any material provision thereof or any transaction contemplated thereby, or (d) the rights and remedies of Lender under any of the... Instruments. View More

Material Adverse Effect. Shall mean any change, effect, event, occurrence, development or developments which, individually or in the aggregate, (i) has had or would reasonably be expected to have a material adverse effect on the business, assets, liabilities (contingent or other), affairs, operations or financial condition of the Company or its Subsidiary, or (ii) would reasonably be expected to prevent or materially impede, interfere, hinder or delay the performance by the Company of its obligations hereunder.

Material Adverse Effect. Means any change (including a decision to implement such a change made by the board of directors or by senior management who believe that confirmation of the decision by the board of directors is probable), fact, event, violation, inaccuracy, circumstance, state of being or effect that (i) is, or would reasonably be expected to be, materially adverse (whether financial or otherwise) to the business, assets (including intangible assets), affairs, operations, liabilities (contingent or... otherwise), capital, properties, condition (financial or otherwise), results of operations or control of the Company and the Subsidiaries, on a consolidated basis or (ii) results, or would result, in the Prospectuses containing a misrepresentation. View More

Material Adverse Effect. Shall mean a material adverse effect on the business, affairs, operations, properties, assets, liabilities (contingent or otherwise), prospects or capital of the Company and its subsidiaries on a consolidated basis.

Material Adverse Effect. Shall have the meaning ascribed to such term in Section ‎3(b).

Material Adverse Effect. Means any event, occurrence, fact, circumstance, condition, change, development or effect that would, by itself or taken together with any and all other occurrences, facts, circumstances, conditions, changes, developments or effects, are or would reasonably be expected to be materially adverse to the business, assets, properties, liabilities, results of operations or condition (financial or otherwise) of the Relevant Business, taken as a whole.

Material Adverse Effect. Shall mean any change, event, circumstance, development, condition, occurrence or effect that, individually or in the aggregate, has had, or would reasonably be expected to have, a material adverse effect on the business, properties, condition (financial or otherwise), management, assets, liabilities, stockholders' equity or results of operations of the Company or the ability of the Company to perform, its obligations under this Agreement and the other Transaction Agreements (including, without... limitation, the issuance and sale of the Series A Preferred Stock and the issuance of the Conversion Shares). View More