Common use of Closing Material Adverse Effect Clause in Contracts

Closing Material Adverse Effect. Since the date hereof, there shall not have been any change, event or circumstance with respect to the Business which has had or would reasonably be expected to have a Closing Material Adverse Effect.

Appears in 3 contracts

Sources: Transfer Agreement (Jackson VFL Variable Annuity Separate Account), Transfer Agreement (Jackson VFL Variable Life Separate Account), Transfer Agreement (Jackson VFL Variable Annuity Separate Account)

Closing Material Adverse Effect. Since the date hereof, there shall not have been any change, event or circumstance with respect to the Company or the Business which has had or would reasonably be expected to have is a Closing Material Adverse Effect.

Appears in 1 contract

Sources: Stock Purchase Agreement (Security Capital Corp/De/)