Material Adverse Effect

Material Adverse Effect. Shall mean (a) a material adverse change in, or a material adverse effect upon, the operations, business, properties, or financial condition of the Company and its subsidiaries, taken as a whole; (b) a material impairment of the ability of the Company to perform under this Agreement or to avoid any Event of Default; or (c) a material adverse change in the legality, validity, binding effect or enforceability of this Agreement.

Material Adverse Effect. Shall mean, with respect to any Person, a material adverse effect on the business, prospects, assets, financial condition or results of operations of such Person and its subsidiaries, if any, taken as a whole.

Material Adverse Effect. Means a material adverse effect (other than any Material Adverse Effect directly or indirectly attributable to the passage of time in connection with the existence of any default under the Credit Facilities) on the condition (financial or otherwise), earnings, business, liabilities or assets of the Guarantor and its Subsidiaries taken as a whole.

Material Adverse Effect. Shall mean (i) a material adverse change in, or a material adverse effect on the business, property, assets, operations or prospects of Borrower as determined by Creditor in its sole discretion, determined in good faith, (ii) a material impairment of the ability of Borrower to perform any of its obligations under the Loan Documents as determined by Creditor in its sole discretion, determined in good faith, (iii) a material adverse effect upon the Collateral or its value as determined by... Creditor in its sole discretion, determined in good faith, or (iv) a material impairment of the enforceability or priority of Creditor's liens upon the Collateral or the legality, validity, binding effect or enforceability of the Loan Documents as determined by Creditor in their sole discretion, determined in good faith. View More

Material Adverse Effect. Means a material adverse effect on (a) the assets, liabilities, results of operations, condition (financial or otherwise), business or prospects of Whyte Lyon, or FNDM and its consolidated Subsidiaries, as applicable, and (b) the ability of Whyte Lyon or FNDM and its consolidated Subsidiaries, as applicable, to perform its obligations under the Transaction Documents.

Material Adverse Effect. Means an adverse effect of $100,000 or more on the condition (financial or otherwise), operating results, business, prospects, assets, operations, employee relations or customer or supplier relations of the Company and its Subsidiaries, taken as a whole; provided, however, that no change, circumstance, effect, event or fact shall be deemed to be a Material Adverse Effect to the extent that it is caused by the execution or public announcement of the Original Purchase Agreement or the Series D... Purchase Agreement or the transactions contemplated hereby. 4 View More

Material Adverse Effect. Means (a) any event, change, circumstance or effect that has or could reasonably be expected to have a material adverse change in, or material adverse effect upon, the operations, business, assets, liabilities, property, prospects or condition (financial or otherwise) of any Maker or the Makers taken as a whole, (b) a material impairment of the ability of any Maker to perform its material obligations under the Note or any document related thereto or (c) a material adverse effect upon (i) the... legality, validity, binding effect or enforceability against any Maker of the Note and related documents or the material rights and remedies of the Payee hereunder and thereunder or (ii) the perfection or priority of the Lien granted herein. View More

Material Adverse Effect. Means, with reference to the Company, a material adverse effect on the condition (financial or otherwise), operations, business, assets or prospects of the Company, or on its ability to consummate the transactions hereby contemplated.

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

Material Adverse Effect. Shall mean any material adverse effect on the business, properties or financial condition.