No Changes or Destruction of Property. (a) Between the date hereof and the Closing Date, there shall have been (i) no material adverse change in the assets, liabilities, business, properties, profits, prospects or condition of AAP or the Subsidiaries; (ii) no material adverse federal or state legislative or regulatory change affecting the products, services or business of AAP or the Subsidiaries; and (iii) no material damage to the properties and assets of AAP or the Subsidiaries, by fire, flood, casualty, act of God or the public enemy or other cause, regardless of insurance coverage for such damage; and (b) there shall have been delivered to FCEI a certificate or certificates to such effect, dated the Closing Date, signed on behalf of AAPH by an authorized representative of AAPH.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Aap Holdings Inc), Agreement and Plan of Reorganization (Forte Computer Easy Inc)