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

““Material Adverse Change”Change” means any materialan adverse change of a material nature in # the business, assets, operationsfinancial condition or business condition (financialof any Borrower, any Principal or otherwise)any Guarantor, # the ability of any Borrower, any Principal or any Guarantor to perform its obligations under the Borrower and its Subsidiaries takenLoan Documents or # the value, financial condition or physical condition of any Property or the Properties as a whole.

“Material Adverse Change”Effect” means anya material adverse change ineffect on the business, assets, operationsoperations, financial condition or condition (financial or otherwise)results of operations of the Borrower and itsthe Subsidiaries taken as a whole.

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

““Material Adverse Change”Change” means anya material adverse change in # the business, assets, operations or condition (financial or otherwise) of the Borrower​ and its Subsidiaries taken as a whole.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”Effect” means anya material adverse change ineffect on the business, assets, operationsoperations, financial condition or condition (financial or otherwise)results of operations of the Borrower and its Subsidiaries taken as a whole.

““Material Adverse Change”Change” means anya material adverse change in # the business, assets, operations or condition (financial or otherwise) of the Borrower​ and its Subsidiaries taken as a whole.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 anyChange. A material adverse change occurs, or is reasonably likely to occur, in the business, assets, operations or[[Organization A:Organization]]’s (or any guarantor’s) business condition (financial or otherwise) of, operations, properties or prospects, or ability to repay the Borrower and its Subsidiaries taken as a whole.credit.

“"Material Adverse Change” meansChange" shall mean any material and adverse change into # the business, assets, financial condition, business condition, operations or condition (financialproperties of Borrowers or otherwise) of the BorrowerGuarantor, and its Subsidiariesany future subsidiaries thereof taken as a whole.whole different from the facts represented or warranted herein or any of the other Loan Documents, # the ability of Borrowers or Guarantor to meet their obligations and other material obligations under the Loan Documents on a timely basis, or # the enforceability of the material terms of any of the Loan Documents.