Materially Adverse

Materially Adverse. Or having a "Material Adverse Effect" (whether or not such terms are capitalized) on or with respect to an entity, means such event, change or effect is material or materially adverse, as the case may be, to the business, properties, assets, liabilities, prospects, condition (financial or otherwise) or results of operations of such entity. A matter shall be deemed to be Material with respect to an entity if it reasonably may be expected to have a financial impact in excess of ten percent (10%)... of such entity's current assets on a consolidated basis. View More