Common use of Absence of Material Adverse Changes Clause in Contracts

Absence of Material Adverse Changes. No material adverse change in the business, assets, financial condition, or prospects of the Company shall have occurred, no substantial part of the assets of the Company not substantially covered by insurance shall have been destroyed due to fire or other casualty, and no event shall have occurred which has had or will have a material adverse effect on the business, assets, financial condition or prospects of the Company.

Appears in 28 contracts

Samples: Investment Agreement (Ariel Way Inc), Asset Purchase Agreement (Medical Staffing Solutions Inc), Investment Agreement (Torrent Energy Corp)

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Absence of Material Adverse Changes. No material adverse change in the business, assets, financial condition, or prospects of the Company and its Subsidiaries (taken as a whole) shall have occurred, no substantial part of the assets of the Company or any Subsidiary not substantially covered by insurance shall have been destroyed due to fire or other casualty, and no event shall have occurred which has had or will could reasonably be expected to have a material adverse effect on the business, assets, financial condition or prospects of the CompanyCompany and its Subsidiaries (taken as a whole).

Appears in 4 contracts

Samples: Purchase Agreement (Encompass Group Affiliates, Inc), Purchase Agreement (Act-De LLC), Purchase Agreement (Advanced Communications Technologies Inc)

Absence of Material Adverse Changes. No material adverse change in the business, assets, financial condition, or prospects of the Company or the Subsidiaries shall have occurred, no substantial part of the assets of the Company not substantially covered by insurance shall have been destroyed due to fire or other casualty, and no event shall have occurred which has had or will have a material adverse effect on the business, assets, financial condition or prospects of the CompanyCompany or the Subsidiaries.

Appears in 2 contracts

Samples: Share Exchange Agreement (Altrimega Health Corp), Share Exchange Agreement (Altrimega Health Corp)

Absence of Material Adverse Changes. No material adverse change in the business, assets, financial condition, or prospects of the Company shall have occurred, no substantial part of the assets of the Company not substantially covered by insurance shall have been destroyed due to fire or other casualty, and no event shall have occurred which has had or will have a material adverse effect on the business, assets, financial condition or prospects of the Company.

Appears in 2 contracts

Samples: Share Exchange Agreement (Central Wireless Inc), Share Exchange Agreement (American Racing Capital, Inc.)

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Absence of Material Adverse Changes. No material adverse change in the business, business assets, or financial condition, or prospects condition of the Company and the Subsidiaries taken as a whole shall have occurred, no substantial part of the assets of the Company and the Subsidiaries taken as a whole not substantially covered by insurance shall have been destroyed due to fire or other casualty, and no event shall have occurred which has had or will have a material adverse effect on the business, assets, or financial condition or prospects of the CompanyCompany and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Share Exchange Agreement (CHS Electronics Inc)

Absence of Material Adverse Changes. No material adverse change in the business, assets, financial condition, or prospects of the Company or Target shall have occurred, no substantial part of the assets of the Company or Target not substantially covered by insurance shall have been destroyed due to fire or other casualty, and no event shall have occurred which has had or will have a material adverse effect on the business, assets, financial condition or prospects of the Company.

Appears in 1 contract

Samples: Investment Agreement (Sagamore Holdings Inc)

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