Common use of Certain Developments Clause in Contracts

Certain Developments. The Acquired Assets have been owned and operated in all material respects in the ordinary course of business and there has not been or occurred any event, condition, circumstance or change which has had or which is reasonably likely to have a material adverse effect on the Acquired Assets.

Appears in 2 contracts

Sources: Asset Purchase Agreement (SAExploration Holdings, Inc.), Asset Purchase Agreement (SAExploration Holdings, Inc.)