Example ContractsClausesmaterial changeVariants
Material Change
Material Change contract clause examples

Material Statements. Within the past ​, neither any Credit Party, nor, to the Knowledge of Borrower, any Subsidiary or any officer, Affiliate or employee of any Credit Party or Subsidiary in its capacity as a Subsidiary or as an officer, Affiliate or employee of a Credit Party or Subsidiary (as applicable), nor, to the Knowledge of Borrower, any agent of any Credit Party or Subsidiary, # has made an untrue statement of a material fact or a fraudulent statement to any Governmental Authority, # has failed to disclose a material fact to any Governmental Authority, or # has otherwise committed an act, made a statement or failed to make a statement that, at the time such statement or disclosure was made (or, in the case of such failure, should have been made) or such act was committed, could reasonably be expected to constitute a material violation of any Health Care Law.

Material Statements. No Loan Party or Subsidiary or to the knowledge of the Loan Parties, any Managed Entity or any officer, affiliate, employee or agent of a Loan Party or Subsidiary or Managed Entity, has made an untrue statement of a Material fact or fraudulent statement to any Governmental Authority, failed to disclose a Material fact that must be disclosed to any Governmental Authority, or committed an act, made a statement or failed to make a statement that, at the time such statement, disclosure or failure to disclose occurred, that individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect.

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