Common use of No Adverse Development Clause in Contracts

No Adverse Development. There shall not have been any material ---------------------- adverse changes in the financial condition, results of operations, assets, liabilities, business or prospects of NetSource since the date of this Agreement. NIT shall have received a certificate from NetSource to such effect signed by ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Netsource Communications Inc)

No Adverse Development. There shall not have been any material ---------------------- adverse changes in the financial condition, results of operations, assets, liabilities, business or prospects of NetSource NIT since the date of this Agreement. NIT , and NetSource shall have received receive a certificate from NetSource to such effect signed executed by ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ the President and ▇▇▇▇ ▇▇▇▇Chief Executive Officer of NIT.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Netsource Communications Inc)