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” 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, financial condition or results of operations of the [[Organization A:Organization]] and its Consolidated Subsidiaries taken as a whole.

“Material Adverse Change” means an adverse change of a material nature in # the financial condition or business condition of any Borrower, any Principal or any Guarantor, # the ability of any Borrower, any Principal or any Guarantor to perform its obligations under the Loan Documents or # the value, financial condition or physical condition of any Property or the Properties 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 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 the Administrative Agent and ​ thereunder.