Absence of Certain Changes, Events or Conditions. Since January 1, 1997, (i) the Company has not incurred any liabilities of any nature, whether or not accrued, contingent or otherwise, which would have a Material Adverse Effect on the Company, and (ii) there have been no events, changes or effects with respect to the Company and the Company Subsidiaries having or which could have, individually or in the aggregate, a Material Adverse Effect on the Company, and (iii) the Company and the Company Subsidiaries have conducted their businesses only in the ordinary course and in a manner consistent with prior practice.
Absence of Certain Changes, Events or Conditions. Since the Balance Sheet Date, there has not been, with respect to the Company or any of its subsidiaries, any:
Absence of Certain Changes, Events or Conditions. Since the Latest Balance Sheet Date, the Company Group has not experienced or suffered any Material Adverse Effect. Without limiting the generality of the foregoing, except as reflected on the Latest Balance Sheet or as set forth in Section 3.8 of the Disclosure Schedule, since the Latest Balance Sheet Date, the Company has not:
Absence of Certain Changes, Events or Conditions. Since January 1, 1997, other than as disclosed in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 1997, (i) the Company has not incurred any liabilities of any nature, whether or not accrued, contingent or otherwise, which would have a Material Adverse Effect on the Corporation, and (ii) there have been no events, changes or effects with respect to the Company and the Company Subsidiaries having or which could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect on the Corporation, and (iii) the Company and the Company Subsidiaries have conducted their businesses only in the ordinary course and in a manner consistent with prior practice.
Absence of Certain Changes, Events or Conditions. Since January 1, 1997, other than as described on Parent's consolidated balance sheet dated as of March 31, 1997, (i) Parent has not incurred any liabilities of any nature, whether or not accrued, contingent or otherwise, which would have a Material Adverse Effect on Parent, and (ii) there have been no events, changes or effects with respect to Parent and the Parent Subsidiaries having or which could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect on Parent, and (iii) Parent and the Parent Subsidiaries have conducted their businesses only in the ordinary course and in a manner consistent with prior practice.
Absence of Certain Changes, Events or Conditions. Since December 31, 1994, there has not been any change in the Purchaser's consolidated financial position, consolidated results of operations, assets, liabilities, net worth or business, other than the Purchaser's acquisition of The Bank of Western Massachusetts and changes in the ordinary course of business which have not been materially adverse. Since December 31, 1994, the Purchaser has not experienced any event or condition of any character (whether or not covered by insurance) which has materially adversely affected or will so affect its properties, business, financial position, results of operations, or net worth on a consolidated basis.
Absence of Certain Changes, Events or Conditions. Since December 31, 2002, and except as set forth in Section 4.14 of the Disclosure Schedule, (a) the Business has been conducted only in the ordinary course on a basis consistent with past practice; (b) there has not been any change in the Acquired Assets or the Business which, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect; (c) Seller has not entered into, adopted or amended, or altered the contribution policies under, any Employee Plan (other than as are applicable generally to the employees of Seller); (d) there has not been any damage, destruction or loss (whether or not covered by insurance) with respect to any property or asset of Seller which could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect; (e) there has not been any change in the application of GAAP to the Seller’s Financial Statements; (f) there has not been any revaluation by Seller of any asset (including, without limitation, with respect to inventory, notes or accounts receivable), other than in the ordinary course of business on a basis consistent with past practice, or any failure by Seller to revalue any of its assets in accordance with GAAP; (g) Seller has not declared, set aside or paid any dividend or other distribution (whether in cash, capital stock, rights thereto or other assets, securities or property or any combination thereof) in respect of any class or series of its capital stock; (h) since April 3, 2003, Seller has not acquired, sold, leased, mortgaged, encumbered or disposed of any assets (other than inventory, if any) or securities with a value, individually or in the aggregate, in excess of $10,000, or entered into any commitment to do any of the foregoing or entered into any material commitment or transaction outside the ordinary course of business consistent, in all material respects, with past practice; (i) Seller has not modified, amended or terminated any of the Material Contracts or any confidentiality agreements, or waived, released or assigned any rights or claims under any of the foregoing, except in the ordinary course of business and consistent with past practice; and, (j) Seller has not materially reduced the price of any of its products or services generally.
Absence of Certain Changes, Events or Conditions. Since the Most Recent Fiscal Year End, (x) neither Seller nor the Business has experienced or suffered and, to Seller’s Knowledge, there is no basis to believe Seller or the Business could reasonably expect to experience or suffer, any Material Adverse Effect and (y) except as set forth in Section 3.7(y) of the Seller Disclosure Schedule, the Business has been conducted in all material respects in the Ordinary Course of Business. Without limiting the generality of the foregoing, except as reflected on the Latest Balance Sheet or as set forth in Section 3.7 of the Seller Disclosure Schedule, since the Most Recent Fiscal Year End, with respect to Seller and the Business, there has been no:
Absence of Certain Changes, Events or Conditions. Since December ------------------------------------------------ 31, 1998, except as set forth in Section 2.7 of the Disclosure Schedule, there has not been any:
Absence of Certain Changes, Events or Conditions. Since December ------------------------------------------------ 31, 1996, (i) Sylvan has not incurred any liabilities of any nature, whether or not accrued, contingent or otherwise, which would have a Material Adverse Effect on the Purchaser, and (ii) there have been no events, changes or effects with respect to the Purchaser and the Purchaser Subsidiaries having or which could have, individually or in the aggregate, a Material Adverse Effect on the Purchaser, and (iii) the Purchaser and the Purchaser Subsidiaries have conducted their businesses only in the ordinary course and in a manner consistent with prior practice.
