Material Adverse Change. Any change in the operations or the financial position of any Security Party or any other circumstance, event or condition which, in the reasonable opinion of the Majority Lenders, shall have a Material Adverse Effect; or

Material Adverse Change. The occurrence of any event which could reasonably be expected to have a Material Adverse Effect;

Material Adverse Change. No Material Adverse Change shall have occurred with respect to the Credit Parties.

Material Adverse Change. At any time an event or circumstance occurs that, in the opinion of the Lender, is or will be a Material Adverse Change.

Material Adverse Change. Promptly after any officer of any Loan Party has learned of any matter, including without limitation, the commencement of any litigation, any judgment or any governmental investigation, that would reasonably be expected to result in a Material Adverse Change, written notice thereof accompanied by a statement of an Authorized Officer of the Borrower or the applicable Loan Party setting forth details of the occurrence referred to therein and stating what action the Borrower or the applicable Loan Party has taken and proposes to take with respect thereto.

Material Adverse Change. A Material Adverse Change occurs;

Material Adverse Change. No material adverse change shall have occurred since December 31, 2017.

Material Adverse Change. No material adverse change shall have occurred since December 31, 2017.

Material Adverse Change. Other than as disclosed in any SEC Report filed prior to October 10, 2018, since December 31, 2017 there has been no change in the business, Property, condition (financial or otherwise), prospects or results of operations of the Borrower and its Subsidiaries which could reasonably be expected to have a Material Adverse Effect.

Material Adverse Change. If Lender determines in its commercially reasonable judgment that a material adverse change in the financial condition of Borrower and its affiliates (taken as a whole) has occurred after the date hereof and that such change materially impairs Borrower’s ability to perform any or all of the Obligations, and within 60 days after the Lender notifies Borrower of the same the Borrower does not either cure or substantially remedy the adverse change or provide the Lender a detailed business plan reasonably satisfactory to Lender to remedy the adverse change within the next 90 days.