Material Adverse Effect

Material Adverse Effect. (a) a material adverse change in, or material adverse effect upon, the operations, assets, business, property, condition (financial or otherwise) or prospects of the Borrower, (b) a material impairment of the ability of the Borrower to perform its obligations under the Note or any document related thereto, or (c) a material adverse effect upon the legality, validity, binding effect or enforceability against the Borrower of the Note and related documents or the rights and remedies of the Lender... hereunder and thereunder. View More

Material Adverse Effect. Means an adverse effect whether individually or in the aggregate which exceeds US $50,000, save that in respect of SFM; provided, however, that the term "Material Adverse Effect" shall not include any effect attributable to general economic changes or general changes in the industry in which SFM is engaged.

Material Adverse Effect. An event or circumstance which (when taken alone or together with any previous event or circumstance) is or could be expected in the reasonable opinion of the Lender to be materially adverse to the assets, business, trading prospects or financial or trading position or condition of the Group take as a whole.

Material Adverse Effect. Means any state of facts, change, event, adverse regulatory development, effect or occurrence that is or could be reasonably likely to be materially adverse to the financial condition, results of operations, properties, prospects, assets or liabilities (including contingent liabilities) of the Selling Entity or any Business, or the real or personal property of the Selling Entity or any Business or the Selling Entity or the Businesses taken as a whole. A Material Adverse Effect shall also... include any state of facts, change, event or occurrence that shall have occurred or been threatened that (when taken together with all other 48 states of facts, changes, events, effects or occurrences that have occurred or been threatened) is or would be reasonably likely to prevent or materially delay the performance by the Sellers of their obligations hereunder or the consummation of the transactions contemplated hereby. View More

Material Adverse Effect. Means a material adverse effect on the condition (financial or otherwise), earnings, business, liabilities or assets of the Company and its Significant Subsidiaries taken as a whole.

Material Adverse Effect. Means (i) a material and adverse effect on the business, assets, liabilities, results of operations, assets, prospects, business or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a whole, or (ii) an adverse impairment to the Company's ability to perform under any of its obligations under the Agreements.

Material Adverse Effect. Means any act or activity that would individually or in the aggregate, (i) adversely affect the legality, validity or enforceability of any of this Warrant or the Registration Rights Agreement or any of the transactions contemplated hereby or thereby, (ii) have or result in a material adverse effect on the results of operations, assets, prospects, or financial condition of the Company and its Affiliates, taken as a whole or (iii) impair the Company's ability to perform fully on a timely basis... its obligations under this any of this Warrant or the Registration Rights Agreement. View More

Material Adverse Effect. Means a material adverse effect on: (a) the operations, business or financial condition of Borrower and its Subsidiaries taken as a whole; or (b) the ability of Borrower or any Guarantor to repay any of its obligations, or otherwise perform its obligations, under the Loan Documents.

Material Adverse Effect. Means a material adverse effect on (a) the business, assets, operations, prospects or condition, financial or otherwise, of the Borrower and its Subsidiaries [taken as a whole], (b) the ability of the Borrower to perform any of its obligations under the Related Documents to which it is a party, or (c) the rights of or benefits available to the Bank thereunder.

Material Adverse Effect. Any change, event, fact, occurrence or effect (direct or indirect) which might reasonably be expected to have a material adverse effect on the assets, financial condition or results of operation of the Company, other than any change, fact, circumstance or event (i) generally affecting the industry in which the Company conducts its business, or resulting from general economic or market conditions or changes in accounting principles, laws, regulations, or ... regulatory policies of general applicability (or interpretations thereof), (ii) resulting from actions or omissions of a Person taken with the prior written consent of the Parties in contemplation of the transactions contemplated hereby, or (iii) resulting from the announcement or execution of this Agreement or the transactions contemplated herein. View More