No Material Events. The Business has been conducted only in the ordinary course since December 31, 2009, and (other than expenses of the Business related to compensation and benefits to the Partners of the Company) no event, condition, circumstance, or occurrence which has had or is likely to have a material adverse effect on the Purchased Assets, the Business or its condition (financial or otherwise) has occurred since that date.
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No Material Events. The Business has been conducted only in the ordinary course since December 31, 20092011, and except as disclosed in Section 3.1 (other than expenses of the Business related to compensation and benefits to the Partners of the Company) o), no event, condition, circumstance, or occurrence which has had or is likely to have a material adverse effect on the Purchased Assets, the Business or its condition (financial or otherwise) has occurred since that date.
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