Common use of Absence of Unusual Transactions and Events Clause in Contracts

Absence of Unusual Transactions and Events. Except as set out in Schedule 3.1.13, the Corporation has not, since the Unaudited Statement Date: 3.1.13.1 paid or satisfied any obligation or liability, absolute or contingent, other than current liabilities or obligations disclosed in the Unaudited Financial Statements and current liabilities or obligations incurred since the Unaudited Statements Date in the ordinary course of the Business, consistent with past practice; 3.1.13.2 waived or cancelled any rights or claims or made any gift, other than donations made in the ordinary course of the Business, consistent with past practice; 3.1.13.3 sold or otherwise disposed of any fixed or capital assets having a fair market value, in the case of any single sale or disposition, in excess of $25,000 and, in the case of all sales and dispositions, in excess of $50,000 in total; 3.1.13.4 made any capital expenditures, in the case of any single capital expenditure, in excess of $25,000 and, in the case of all capital expenditures, in excess of $50,000 in total; 3.1.13.5 made any material change or deviation from past practices in the manner of its billings, or the credit terms made available by it, to any o▇ ▇▇▇ ▇▇stomers or recording and/or treatment by the Corporation of customer accounts receivable or reserves for doubtful accounts; 3.1.13.6 made or suffered any change or changes in its financial condition, assets, liabilities or the Business which, singly or in the aggregate, have materially adversely affected or could materially adversely affect its financial condition, assets, liabilities or the Business; 3.1.13.7 suffered or incurred any damage, destruction or loss, whether or not covered by insurance, which has materially adversely affected or could materially adversely affect its financial condition, assets or the Business; 3.1.13.8 made any increase in the compensation payable or to become payable to directors, officers, employees, independent contractors or agents, including any improvements to severance or termination pay, except as required by Law, other than improvements to Employee Plans set out in Schedule 3.1.25; 3.1.13.9 declared or paid any dividend or made any distribution, whether in cash, stock or in specie, in respect of any of its shares or purchased, redeemed or otherwise acquired any of its securities or made any other payment to the Jasc Stockholders or Persons related to them outside the ordinary course of business; 3.1.13.10 changed any method of accounting or accounting principles; 3.1.13.11 incurred any Charges with respect to any assets, except non-exclusive licenses to the Corporation's Key Software Programs granted in the ordinary course of Business; or 3.1.13.12 authorized or agreed or otherwise become committed to do any of the foregoing.

Absence of Unusual Transactions and Events. Except as set out in on Schedule 3.1.133.2.12, the Corporation has and the Subsidiaries have not, since the Unaudited Statement Audited Statements Date: 3.1.13.1 3.2.12.1 paid or satisfied any obligation or liability, absolute or contingent, other than current liabilities or obligations disclosed in the Unaudited Audited Financial Statements and current liabilities or obligations incurred since the Unaudited Audited Statements Date in the ordinary course of the Business, consistent with past practice; 3.1.13.2 3.2.12.2 waived or cancelled any rights or claims or made any gift, other than donations made in the ordinary course of the Business, consistent with past practice; 3.1.13.3 3.2.12.3 sold or otherwise disposed of any fixed or capital assets having a fair market value, in the case of any single sale or disposition, in excess of $25,000 and, in the case of all sales and dispositions, in excess of $50,000 in totalassets; 3.1.13.4 3.2.12.4 made any capital expenditures, in the case of any single capital expenditure, in excess of $25,000 Cdn.$10,000 and, in the case of all capital expenditures, in excess of $50,000 Cdn.$25,000 in totalthe aggregate; 3.1.13.5 made any material change or deviation from past practices in the manner of its billings, or the credit terms made available by it, to any o▇ ▇▇▇ ▇▇stomers or recording and/or treatment by the Corporation of customer accounts receivable or reserves for doubtful accounts; 3.1.13.6 3.2.12.5 made or suffered any change or changes in its financial condition, assets, liabilities or the Business which, singly or in the aggregate, have materially adversely affected or could materially adversely affect its financial condition, assets, liabilities or the Business; 3.1.13.7 3.2.12.6 suffered or incurred any damage, destruction or loss, whether or not covered by insurance, which has materially adversely affected or could materially adversely affect its financial condition, assets or the Business; 3.1.13.8 3.2.12.7 made any increase in the compensation payable or to become payable to its directors, officers, employees, independent contractors or agents, including including, without limitation, any improvements to severance or termination pay, except as required by Law, other than improvements to Employee Plans set out in Schedule 3.1.25; 3.1.13.9 3.2.12.8 declared or paid any dividend or made any distribution, whether in cash, stock or in specie, in respect of any of its shares or purchasedrepurchased, redeemed or otherwise acquired any of its securities or made any other payment to the Jasc Stockholders or Persons related to them outside the ordinary course of business; 3.1.13.10 changed any method of accounting or accounting principles; 3.1.13.11 incurred any Charges with respect to any assets, except non-exclusive licenses to the Corporation's Key Software Programs granted in the ordinary course of Businesssecurities; or 3.1.13.12 3.2.12.9 authorized or agreed or otherwise become committed to do any of the foregoing.