Common use of Material Disclosure Clause in Contracts

Material Disclosure. There has been no change in the business or financial condition of Primus and its subsidiaries, taken as a whole, since December 31, 2005, which would reasonably be expected to have a Material Adverse Effect, except as has been disclosed or contained or reflected in any press release issued prior to the date of this Agreement or in any report, schedule, form, statement or other document (together with all exhibits, financial statements, schedules and any amendments thereto) that has been filed by Primus or its subsidiaries with the Securities and Exchange Commission prior to the date of this Agreement.