Common use of No Adverse Change or Event Clause in Contracts

No Adverse Change or Event. Except for the Disclosed Matters, since December 31, 1997 no change in the business, assets, Liabilities, financial condition, results of operations or business prospects of Premiere or any Subsidiary has occurred, and no event has occurred or failed to occur, that has had or could reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Materially Adverse Effect on (a) Premiere and the Consolidated Subsidiaries taken as a whole, (b) any Loan Document or (c) the Collateral. Such an adverse change may have occurred, and such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no Default shall have occurred and be continuing.

No Adverse Change or Event. Except for the Disclosed Matters, since Since December 31, 1997 2002, no change in the business, assets, Liabilities, financial condition, results of operations or business prospects of Premiere the Borrower or any Subsidiary has occurred, and no event has occurred or failed to occur, that has had or could reasonably be expected to might have, either alone or in conjunction with all other such changes, events and failures, a Materially Adverse Effect on (a) Premiere the Borrower and the Consolidated Subsidiaries taken as a whole, whole or (b) any Loan Document or (c) the CollateralDocument. Such an adverse change may have occurred, and such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no Default shall have occurred and be continuing.

No Adverse Change or Event. Except for the Disclosed Matters, since Since December 31, 1997 1996, no change in the business, assets, Liabilitiesliabilities, condition (financial conditionor otherwise), results of operations or business prospects of Premiere or any Subsidiary the Company has occurred, and no event has occurred or failed to occur, that has had or could would reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Materially Material Adverse Effect on (a) Premiere and the Consolidated Subsidiaries taken as a whole, Company or (b) any Loan Document or (c) the CollateralDocument. Such an adverse change may have occurred, and such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no default or Event of Default shall have occurred and be continuing.

No Adverse Change or Event. Except for the Disclosed Matters, since Since December 31, 1997 1996, no change in the business, assets, Liabilities, condition (financial conditionor otherwise), results of operations or business prospects of Premiere such Borrower or any Significant Subsidiary thereof has occurred, and no event has occurred or failed to occur, that has had or could reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Materially Adverse Effect on (a) Premiere such Borrower and the Consolidated its Significant Subsidiaries taken as a whole, whole or (b) any Loan Document or (c) the CollateralDocument. Such an adverse change may have occurred, and such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no Default shall have occurred and be continuing.

No Adverse Change or Event. Except for the Disclosed Mattersmatters set forth in the Designated Documents, since December 31, 1997 1997, no change in the business, assets, Liabilitiesliabilities, condition (financial conditionor otherwise), results of operations or business prospects of Premiere or any Subsidiary the Company has occurred, and no event has occurred or failed to occur, that has had or could would reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Materially Material Adverse Effect on (a) Premiere and the Consolidated Subsidiaries taken as a whole, Company or (b) any Loan Document or (c) the CollateralDocument. Such an adverse change may have occurred, and such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no default or Event of Default shall have occurred and be continuing.

No Adverse Change or Event. Except for the Disclosed Matters, since Since December 31, 1997 1996 no change -------------------------- in the business, assets, Liabilities, financial condition, results of operations or business prospects of Premiere the Company or any Subsidiary has occurred, and no event has occurred or failed to occur, that has had or could reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Materially Adverse Effect on (a) Premiere the Company and the Consolidated Subsidiaries taken as a whole, (b) any Loan Document or (c) the Collateral. Such an adverse change may have occurred, and such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no Default shall have occurred and be continuing.

No Adverse Change or Event. Except for the Disclosed Matters, since Since December 31, 1997 1996, no change in the business, assets, Liabilities, financial condition, condition or results of operations or business prospects of Premiere the Borrower or any Subsidiary Guarantor has occurred, and no event has occurred or failed to occur, that has had or could reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Materially Adverse Effect on (a) Premiere the Borrower and the Consolidated Subsidiaries Guarantors taken as a whole, whole or (b) any Loan Document or (c) the CollateralDocument. Such an adverse change may have occurred, and such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no Default shall have occurred and be continuing.