Common use of Materially Adverse Effect Clause in Contracts

Materially Adverse Effect. Since 31 December, 2003 and since the date of the most recent financial statements delivered pursuant to Clause 7.1(a), there have been no occurrences which, individually or in the aggregate, have or may reasonably be expected to have a Materially Adverse Effect.

Materially Adverse Effect. Since 31 December, 2003 December 2004 and since the date of the most recent financial statements relating to each Obligor delivered pursuant to Clause 7.1(a10.1(a), there have been no occurrences which, individually or in the aggregate, have or may could reasonably be expected to have a Materially Adverse Effect.

Materially Adverse Effect. Since 31 December, 2003 December 2004 and since the date of the most recent financial statements relating to each Obligor delivered pursuant to Clause 7.1(a9.1(a), there have been no occurrences which, individually or in the aggregate, have or may could reasonably be expected to have a Materially Adverse Effect.