No Material Adverse Changes. Since the date of the Balance Sheet there has not been: (i) any material adverse change in the assets, operations, condition (financial or otherwise) or prospective business of the Company; (ii) any damage, destruction or loss materially affecting the assets, prospective business, operations or condition (financial or otherwise) of the Company, whether or not covered by insurance; (iii) any declaration, setting aside or payment of any dividend or distribution with respect to any redemption or repurchase of the Company's capital stock; (iv) any sale of an asset (other than in the ordinary course of business) or any mortgage or pledge by the Company of any properties or assets; or (v) adoption of any pension, profit sharing, retirement, stock bonus, stock option or similar plan or arrangement.
Appears in 15 contracts
Sources: Stock Purchase Agreement (Infotec Business Systems Inc), Stock Purchase Agreement (Infotec Business Systems Inc), Stock Purchase Agreement (Kirshner Entertainment & Technologies Inc)
No Material Adverse Changes. Since the date of the Balance Sheet there has not been:
(i) 2.5.1 any material adverse change in the assets, operations, condition (financial or otherwise) or prospective business of the Company;
(ii) 2.5.2 any damage, destruction or loss materially affecting the assets, prospective business, operations or condition (financial or otherwise) of the Company, whether or not covered by insurance;
(iii) 2.5.3 any declaration, setting aside or payment of any dividend or distribution with respect to any redemption or repurchase of the Company's capital stock;
(iv) 2.5.4 any sale of an asset (other than in the ordinary course of business) or any mortgage or pledge by the Company of any properties or assets; or
(v) 2.5.5 adoption of any pension, profit sharing, retirement, stock bonus, stock option or similar plan or arrangement.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Dragon International Group Corp.), Stock Purchase Agreement (Dragon International Group Corp.)
No Material Adverse Changes. Since the date of the Balance Sheet there has not been:
(i) i. any material adverse change in the assets, operations, condition conditions (financial or otherwise) or prospective business of the Company;
(ii) . any damage, destruction or loss materially affecting the assets, prospective business, operations or condition (financial or otherwise) of the Company, whether or not covered by insurance;
(iii) . any declaration, setting aside or payment of any dividend or distribution with respect to any redemption or repurchase of the Company's capital stock;
(iv) . any sale of an asset (other than in the ordinary course of business) or any mortgage or pledge by the Company of any properties or assets; or
(v) v. adoption of any pension, profit sharing, retirement, stock bonus, stock option or similar plan or arrangement.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Integrated Homes Inc), Agreement and Plan of Reorganization (Integrated Homes Inc)
No Material Adverse Changes. Since the date of the Balance Sheet there has not been:
(i) any material adverse change in the assets, operations, condition (financial or otherwise) or prospective business of the CompanySure;
(ii) any damage, destruction or loss materially affecting the assets, prospective business, operations or condition (financial or otherwise) of the CompanySure, whether or not covered by insurance;
(iii) any declaration, setting aside or payment of any dividend or distribution with respect to any redemption or repurchase of the CompanySure's capital stock;
(iv) any sale of an asset (other than in the ordinary course of business) or any mortgage or pledge by the Company Sure of any properties or assets; or
(v) adoption of any pension, profit sharing, retirement, stock bonus, stock option or similar plan or arrangement.
Appears in 2 contracts
Sources: Stock Exchange Agreement (Biomed Research Technologies Inc), Stock Exchange Agreement (Biomed Research Technologies Inc)
No Material Adverse Changes. Since the date of the Balance Sheet there has not been:: ---------------------------
(i) any material adverse change in the assets, operations, condition (financial or otherwise) or prospective business of the Company;
(ii) any damage, destruction or loss materially affecting the assets, prospective business, operations or condition (financial or otherwise) of the Company, whether or not covered by insurance;
(iii) any declaration, setting aside or payment of any dividend or distribution with respect to any redemption or repurchase of the Company's capital stock;
(iv) any sale of an asset (other than in the ordinary course of business) or any mortgage or pledge by the Company of any properties or assets; or
(v) adoption of any pension, profit sharing, retirement, stock bonus, stock option or similar plan or arrangement.
Appears in 2 contracts
Sources: Merger Agreement (Genesis Technology Group Inc), Stock Purchase Agreement (Newagecities Com Inc)
No Material Adverse Changes. Since the date of the Balance Sheet there has not been:
(i) any material adverse change in the assets, operations, condition (financial or otherwise) or prospective business of the Company;
(ii) any damage, destruction or loss materially affecting the assets, prospective business, operations or condition (financial or otherwise) of the Company, whether or not covered by insurance;
(iii) any declaration, setting aside or payment of any dividend or distribution with respect to any redemption or repurchase of the Company's capital stock;
(iv) any sale of an asset (other than in the ordinary course of business) or business)or any mortgage or pledge by the Company of any properties or assets; or
or (v) adoption of any pension, profit sharing, retirement, stock bonus, stock option or similar plan or arrangement.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization and Stock Purchase Agreement (Newagecities Com Inc)
No Material Adverse Changes. Since the date of the Balance Sheet there has not been:: ---------------------------
(i) any material adverse change in the assets, operations, condition (financial or otherwise) or prospective business of the Company;
(ii) any damage, destruction or loss materially affecting the assets, prospective business, operations or condition (financial or otherwise) of the Company, whether or not covered by insurance;
(iii) any declaration, setting aside or payment of any dividend or distribution with respect to any redemption or repurchase of the Company's capital stock;
(iv) any sale of an asset (other than in the ordinary course of business) or any mortgage or pledge by the Company Company's of any properties or assets; or
(v) adoption of any pension, profit sharing, retirement, stock bonus, stock option or similar plan or arrangement.
Appears in 1 contract
No Material Adverse Changes. Since the date of the Balance Sheet Financial Statements there has not been:
(i) any material adverse change in the assets, operations, condition (financial or otherwise) or prospective business of the Company;
(ii) any damage, destruction or loss materially affecting the assets, prospective business, operations or condition (financial or otherwise) of the Company, whether or not covered by insurance;
(iii) any declaration, setting aside or payment of any dividend or distribution with respect to any redemption or repurchase of the Company's capital stock;
(iv) any sale of an asset (other than in the ordinary course of business) or any mortgage or pledge by the Company of any properties or assets; or
(v) adoption of any pension, profit sharing, retirement, stock bonus, stock option or similar plan or arrangement.
Appears in 1 contract