Common use of Material Loss Clause in Contracts

Material Loss. Immediately notify Buyer of any event causing or that may reasonably be expected to cause a material loss to Seller with respect to the Assets or result in a material decline in value of the Assets or the Seller's business or prospects.

Appears in 3 contracts

Sources: Asset Purchase Agreement (Petrol Oil & Gas Inc), Asset Purchase Agreement (Heist C H Corp), Asset Purchase Agreement (Mega Micro Technologies Group)

Material Loss. Immediately notify Buyer of any event causing or that may reasonably be expected to cause a material loss to Seller Milestone with respect to the Assets its assets or result in a material decline in value of the Assets such assets or the SellerMilestone's business or prospects.

Appears in 1 contract

Sources: Stock Purchase Agreement (Heist C H Corp)

Material Loss. Immediately notify Buyer of or any event causing or that may reasonably be expected to cause a material loss to Seller with respect to the Assets or result in a material decline in value of the Assets or the Seller's business or prospects.

Appears in 1 contract

Sources: Asset Purchase Agreement (Heist C H Corp)