Absence of Certain Material Changes. Except as and to the extent set forth in Schedule 4.7, since the date of the Recent Balance Sheet there has not been:
Absence of Certain Material Changes. As used in this Agreement, the term "
Absence of Certain Material Changes. Except as disclosed in Section 3.10 of the Company Disclosure Letter, since September 30, 1998, there has been no material adverse change in the business, properties, prospects, operations, financial condition or results of operations of Patriot, Wyndham and their respective subsidiaries, taken as a whole (a "Material Adverse Change"), whether or not arising from transactions in the ordinary course of business.
Absence of Certain Material Changes. Except as otherwise disclosed in SCHEDULE 4.07 attached hereto, and except for changes occurring in the ordinary course in the EXECUTION COPY securities business conducted by the Company or any of its Subsidiaries, since July 31, 1996, there has not been, or the Company or any Subsidiary has not entered into:
Absence of Certain Material Changes. Except as set forth in Section 3.16 of the Disclosure Letter, since December 31, 2011 and the date of this Agreement, the Business has been conducted in the ordinary course of business consistent with past practice and there has not been any event, occurrence, development or state of circumstances or facts that has had or could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect on the Business or as explicitly set forth in the unaudited financial statements of Seller as of, and for the nine months ended, September 30, 2012.
Absence of Certain Material Changes. Since April 30, 2000, there ----------------------------------- has been no material adverse change in the business, properties, prospects, operations, financial condition or results of operations of the Company and its subsidiaries, taken as a whole (a "Material Adverse Change"), whether or not arising from transactions in the ordinary course of business.
Absence of Certain Material Changes. The Company has no material business operations and no assets or material liabilities other than past due legal expenses, franchise taxes and transfer agent fees.
Absence of Certain Material Changes. Since the date of the latest audited financial statements included within the SEC Reports, except as specifically disclosed in a subsequent SEC Report filed prior to the date hereof, (i) there has been no event, occurrence or development that has had or that could reasonably be expected to result in a Material Adverse Effect, (ii) the GameSquare Parties have not declared or paid any dividends, (iii) the GameSquare Parties have not sold any material assets, individually or in the aggregate, outside of the ordinary course of business, and (iv) the GameSquare Parties have not made any material capital expenditures, individually or in the aggregate, outside of the ordinary course of business. Neither the GameSquare Parties nor any of their respective Subsidiaries has taken any steps to seek protection pursuant to any law or statute relating to bankruptcy, insolvency, reorganization, receivership, liquidation or winding up, nor do the GameSquare Parties or any of their respective Subsidiaries have any knowledge or reason to believe that any of their respective creditors intend to initiate involuntary bankruptcy proceedings.
