Interim Changes. Between the date of this Agreement and the Closing Date, there have not been, (1) any changes in the Company's financial condition, assets, liabilities, or business which, in the aggregate, have been materially adverse; (2) any damage, destruction or loss of or to the Company's property, whether or not covered by insurance; (3) any declaration or payment of any dividends or other distribution in respect of the Company's capital stock, or any direct or indirect redemption, purchase or other acquisition or any such stock; or (4) any increase paid or agreed to in the compensation, retirement benefits or other commitments to employees.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Senior Care Industries Inc), Stock Purchase Agreement (Rent Usa Inc)
Interim Changes. Between January 2, 2000 and the date of this Agreement and the Closing Dateis executed, there have not been, (1) any changes in any of the Company's Companys' financial condition, assets, liabilities, or business which, in the aggregate, have been materially adverse; (2) any damage, destruction or loss of or to the Company's Companys' property, whether or not covered by insurance; (3) any declaration or payment of any dividends or other distribution in respect of the Company's capital stock, or any direct or indirect redemption, purchase or other acquisition or any such stock; or (4) any increase paid or agreed to in the compensation, retirement benefits or other commitments to employees.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Cyrus Industries Inc)
Interim Changes. Between December 1, 1999 and the date of this Agreement and the Closing DateAgreement, there have not been, (1) any changes in the Company's financial condition, assets, liabilities, or business which, in the aggregate, have been materially adverse; (2) any damage, destruction or loss of or to the Company's property, whether or not covered by insurance; (3) any declaration or payment of any dividends or other distribution in respect of the Company's capital stock, or any direct or indirect redemption, purchase or other acquisition or any such stock; or (4) any increase paid or agreed to in the compensation, retirement benefits or other commitments to employees.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Senior Care Industries Inc)