Material Adverse Effect

Material Adverse Effect. Shall mean an event, change, or occurrence that has a material negative impact on the financial condition, prospects, business, or results of operations of the LLC, the Sellers, or the Purchaser, as the case may be, or that prevent a party's ability to consummate the transactions contemplated by this Agreement.

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

Material Adverse Effect. Means a material adverse effect on the Business and the Purchased Assets, taken as a whole, excluding any such effect to the extent resulting from or arising in connection with (i) the Transactions or the public announcement or disclosure thereof, (ii) changes or conditions affecting the industries generally in which Seller operates, (iii) changes in economic, regulatory or political conditions generally, (iv) changes resulting from the commencement or continuation of the Bankruptcy Case, or... (v) actions taken by Seller pursuant to (or as contemplated by) orders entered by the Bankruptcy Court in the Bankruptcy Case. View More

Material Adverse Effect. Has the meaning given to it in the Note Purchase Agreement.

Material Adverse Effect. Means a material adverse effect on (i) the business, assets, operations, or condition (financial or otherwise) of the Borrower or (ii) the ability of the Borrower to pay any Indebtedness and perform its obligations under this Agreement or (iii) the ability of Lender to enforce any of its rights or to collect any of the Indebtedness then due and payable.

Material Adverse Effect. Is defined in the Series A Purchase Agreement.

Material Adverse Effect. Means, with respect to any Person, a material adverse effect on the condition (financial or otherwise), business (including the continued operation thereof in accordance with past practice), assets or results of operations of such Person and its Subsidiaries, 4 taken as a whole; provided, however, that the following shall not be deemed to constitute a Material Adverse Effect: (i) any change or effect resulting from the transactions contemplated by this Agreement or any agreement or... other instrument entered into in connection herewith; or (ii) any change or effect resulting from general economic or industry conditions which do not disproportionately affect the Company or its Subsidiaries. View More

Material Adverse Effect. With respect to the Borrower shall be deemed to occur if there shall have been a material adverse effect on (a) the business, financial condition or results of operations of the Borrower and its subsidiaries, taken as a whole, except to the extent that such adverse effect results from (i) changes in general economic conditions in the United States which conditions do not affect The Sportsman's Guide Inc. and its subsidiaries, taken as a whole, disproportionately; (ii) changes in GAAP; (iii)... general changes affecting the industry in which the Borrower and its subsidiaries operate that do not disproportionately affect the Borrower and its subsidiaries, taken as a whole; or (iv) the execution and delivery of the Merger Agreement, the public announcement of the Merger Agreement or any transactions contemplated by the Merger Agreement; (b) the ability of the Borrower to perform its obligations under this Credit Agreement; or (c) the ability of the Borrower to reimburse the loan extended pursuant to this Credit Agreement. 0 View More

Material Adverse Effect. Means a material adverse effect on the business, assets, Properties, consolidated financial condition or results of operations or business prospects of the Company and its Subsidiaries, taken as a whole, on the ability of the Company to perform its obligations under the Operative Documents, or on the validity or enforceability of this Agreement, the Securities or any other Operative Document, whether in respect of any event or change or in the aggregate.

Material Adverse Effect. Means any event, effect, development, occurrence or circumstance, individually or when taken together with all other such events, effects, developments, occurrences or circumstances, causing, resulting in or having a material adverse effect on (a) the business, assets, business relationships, properties, condition (financial or otherwise), results of operations or prospects of (as the case may be) NASC and the NASC Affiliated Entities (taken as a whole) or Capital and its Subsidiaries (taken as... a whole), or their respective legal right or authorization to continue to operate their respective businesses, or (b) the legal ability of the Parties to consummate the transactions contemplated by this Agreement. View More