No Subsequent Material Events. Subsequent to the respective dates as of which information is given in the Registration Statement and Prospectus and up to and including the Termination Date and except for the acquisition of Properties and/or Equipment as contemplated in the Prospectus, the Partnership has not: (i) incurred and will not have incurred any direct or contingent liabilities or obligations except in the ordinary course of business which are material to the Partnership or entered in to any other transaction which is material to the Partnership, whether or not in the ordinary course of business; or (ii) undergone or undertaken any material adverse change, or a development which can be seen to involve a prospective material adverse change, in the general affairs, business, capitalization, properties, financial position or results of operation, as the case may be, of the Partnership.
Appears in 2 contracts
Sources: Participating Dealer Agreement (Captec Franchise Capital Partners L P Iv), Participating Dealer Agreement (Captec Franchise Capital Partners L P Iv)