Material Adverse Effect

Material Adverse Effect. Means a material adverse effect on the condition (financial or otherwise), assets relating to, or results or prospects of operation of or business (as presently conducted and proposed to be conducted) of the Person(s) specified.

Material Adverse Effect. Means if the business prospects, operations or financial condition of a person, entity or property has changed in a manner which could impair the value of Lender's security for the Loan, prevent timely repayment of the Loan or otherwise prevent the applicable person or entity from timely performing any of its material obligations under the Loan Documents.

Material Adverse Effect. Means an occurrence or circumstance having a consequence that, individually or in the aggregate, is materially adverse as to the business, properties, assets, liabilities, affairs, prospects, operations, operating results, or condition (financial or otherwise) of APSG, individually or taken as a whole; provided, however, that such term shall not include any circumstance or change related to (a) general economic conditions, (b) securities markets generally, (c) the specific industry in which the... Company operates, to the extent that they do not have a materially disproportionate effect on the Company relative to other industry participants; and (d) any act of terrorism, war, calamity or act of God, to the extent that such act does not have a materially disproportionate effect on the Company. View More

Material Adverse Effect. Means any of (i) an adverse effect on the legality, validity or enforceability of any Transaction Document, (ii) a material and adverse effect on the results of operations, assets, prospects, business or condition (financial or otherwise) of the Company and its Subsidiaries, taken as a whole, or (iii) a material and adverse impairment to the Company's ability to perform on a timely basis its obligations under any Transaction Document; provided, however, that a decline in the market price of the... Common Stock as result of the transactions contemplated hereby, the public announcement thereof or of the Company's fiscal year 2010 second quarter earnings results or the delisting of the Common Stock on Nasdaq shall not constitute a Material Adverse Effect. View More

Material Adverse Effect. Means a material adverse effect on (i) the business operations, assets, condition (financial or otherwise) or prospects of Borrower taken as a whole, (ii) the ability of Borrower to repay the Obligations or otherwise perform its obligations under the Transaction Documents (other than the Warrant) or of Agent to enforce any Transaction Documents, or (iii) the value, perfection or priority of Agent's security interest in the Collateral.

Material Adverse Effect. A material adverse effect on (i) the business or condition (financial or otherwise) of Verenium and its direct and indirect subsidiaries, taken as a whole, (ii) the ability of Verenium to perform its obligations under this Agreement or (iii) the ability of Verenium to issue the New Notes in accordance with the terms of this Agreement. 12

Material Adverse Effect. Has the meaning set forth in Section 10.2. AGREEMENT AND PLAN OF REORGANIZATION - PAGE 2

Material Adverse Effect. Shall mean any event, matter, condition or circumstance which (i) has or would reasonably be expected to have a material adverse effect on the business, properties, operations, condition (financial or otherwise) or prospects of the Company and its Subsidiaries, taken as a whole; (ii) would materially impair the ability of the Company or any other Person to perform or observe their respective obligations under or in respect of this Note; (iii) would materially impair the rights and remedies of... Holder under this Note, or (iv) affects the legality, validity, binding effect or enforceability of this Note. View More

Material Adverse Effect. Means any set of circumstances or events which (a) has or could reasonably be expected to have any material adverse effect whatsoever upon the validity or enforceability of this Agreement or any other instrument, document or agreement now or hereafter executed in connection herewith, (b) is or could reasonably be expected to be material and adverse to the condition (financial or otherwise), business, assets, operations or prospects of the Borrower, or (c) materially impairs or could reasonably... be expected to materially impair the ability of the Borrower Party to perform its obligations hereunder. View More

Material Adverse Effect. Means a material adverse effect on the business, operations, results of operations, prospects, assets, liabilities or financial condition of the Company;