“Material Adverse Change” means any material adverse change in the business, financial condition or results of operations of the [[Organization A:Organization]] and its Consolidated Subsidiaries taken as a whole.

“Material Adverse Change” means any material adverse change in the business, condition (financial or otherwise), operations or properties of the Company and its Subsidiaries taken as a whole.

“Material Adverse Change” means a material adverse change in # the business, assets, operations or condition (financial or otherwise) of ​ and its Subsidiaries taken as a whole from that reflected in ​’s consolidated financial statements as of December 31, 2018, or # the validity or enforceability of this Agreement or any and all other Loan Documents or the rights or remedies of [[Administrative Agent:Organization]] and [[Organization B:Organization]] thereunder.

“Material Adverse Change” means a material adverse change in # the business, assets, operations or condition (financial or otherwise) of ​ and its Subsidiaries taken as a whole from that reflected in ​’s consolidated financial statements as of December 31, 2018, or # the validity or enforceability of this Agreement or any and all other Loan Documents or the rights or remedies of the Administrative Agent and ​ thereunder.

“Material Adverse Change” means any material adverse change in the business, assets, operations or condition (financial or otherwise) of the Borrower and its Subsidiaries taken as a whole.

Material Adverse Change. A material adverse change occurs, or is reasonably likely to occur, in [[Organization A:Organization]]’s (or any guarantor’s) business condition (financial or otherwise), operations, properties or prospects, or ability to repay the credit.

“Material Adverse Change” or “Material Adverse Effect” means a material adverse change in or effect on # the business, financial condition or results of operations of the Borrower and its Subsidiaries, taken as a whole, or # the ability of the Borrower to perform its obligations under this Agreement, or # the legality, validity or enforceability of this Agreement.