Adverse Development. There shall have been no developments in the business of the Company or any of its Subsidiaries which since the date of this Agreement have had a Material Adverse Effect. There shall exist no events of default under the provisions of any instrument evidencing Debt of the Company or its Subsidiaries or any event that would constitute an Event of Default under the Notes.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Coventry Corp), Securities Purchase Agreement (Coventry Corp), Securities Purchase Agreement (Warburg Pincus Ventures Lp)