Example ContractsClausesadverse change, approvalsVariants
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Adverse Change. A material adverse change occurs in Borrower’s financial condition, or Lender believes the prospect of payment or performance of the Loan is impaired.

Adverse Change.

A material adverse change occursor deterioration in Borrower’sthe financial condition, or Lender believes the prospect of payment or performancecondition of the Loan is impaired.Borrower.

“Material Adverse Change. A materialChange” means an adverse change occursof a material nature in Borrower’s# the financial condition,condition or Lender believesbusiness condition of any Borrower, any Principal or any Guarantor, # the prospectability of paymentany Borrower, any Principal or performance ofany Guarantor to perform its obligations under the Loan is impaired.Documents or # the value, financial condition or physical condition of any Property or the Properties as a whole.

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