Common use of Material Loss or Damage Clause in Contracts

Material Loss or Damage. there has been no change in the Assets subsequent to the Effective Date other than in consequence of and in the ordinary course of operation and production which has or would have a material adverse effect on the value, use or operation thereof;

Appears in 3 contracts

Sources: Purchase and Sale Agreement (Barnwell Industries Inc), Purchase and Sale Agreement (Barnwell Industries Inc), Purchase and Sale Agreement (Barnwell Industries Inc)