Common use of Operations Since the Balance Sheet Date Clause in Contracts

Operations Since the Balance Sheet Date. Except as otherwise contemplated in this Agreement, since the Balance Sheet Date, the Company has conducted its business in the ordinary course consistent with past practice and, since the Balance Sheet Date, to the Knowledge of Sellers, there has not been any event, nor has any circumstance arisen, that has, individually or aggregated with other events or circumstances, had a Material Adverse Effect or could reasonably be expected to result in a Material Adverse Effect, or that would materially impair or delay the ability of Sellers or the Company to consummate the transactions contemplated by, or to perform their respective obligations under, this Agreement or the Ancillary Agreements.

Appears in 1 contract

Sources: Limited Liability Company Interest Purchase Agreement (Nexien Biopharma, Inc.)

Operations Since the Balance Sheet Date. Except as otherwise contemplated in this AgreementAgreement (including Section 5.4), since the Balance Sheet Date, the Company has conducted its business in the ordinary course consistent with past practice and, since the Balance Sheet Date, to the Knowledge of Sellers, there has not been any event, nor has any circumstance arisen, that has, individually or aggregated with other events or circumstances, had a Material Adverse Effect or could reasonably be expected to result in a Material Adverse Effect, or that would materially impair or delay the ability of Sellers or the Company to consummate the transactions contemplated by, or to perform their respective obligations under, this Agreement or the Ancillary Agreements.

Appears in 1 contract

Sources: Limited Liability Company Interest Purchase Agreement (Republic First Bancorp Inc)