Absence of Material Adverse Changes. Since the date of the Target Audited Financial Statements, there has not been any (a) material adverse change in the business, operations, properties, condition (financial or otherwise) of the Target and the Subsidiaries, (b) damage, destruction or loss, whether covered by insurance or not, materially and adversely affecting the business, properties or condition (financial or otherwise) of the Target and the Subsidiaries, taken as a whole, or (c) change by the Target or any of the Subsidiaries in accounting methods or principles used for financial reporting purposes, except as required by a change in generally accepted accounting principles and concurred with by the Target’s independent certified public accountants.
Appears in 4 contracts
Samples: Merger Agreement (Rubicon Financial Inc), Merger Agreement (Issg, Inc.), Merger Agreement (Rubicon Financial Inc)
Absence of Material Adverse Changes. Since the date of the Target Audited Financial Statements, there has not been any (a) material adverse change in the business, operations, properties, condition (financial or otherwise) of the Target and the SubsidiariesTarget, (b) damage, destruction or loss, whether covered by insurance or not, materially and adversely affecting the business, properties or condition (financial or otherwise) of the Target and the Subsidiaries, taken as a wholeTarget, or (c) change by the Target or any of the Subsidiaries in accounting methods or principles used for financial reporting purposes, except as required by a change in generally accepted accounting principles and concurred with by the Target’s independent certified public accountants.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Atwood Minerals & Mining CORP.), Securities Purchase Agreement (Atwood Minerals & Mining CORP.), Securities Purchase Agreement (Advanced Plant Pharmaceuticals Inc)
Absence of Material Adverse Changes. Since the date of the Target Audited Latest Reviewed Financial Statements, there has not been any (a) material adverse change in the business, operations, properties, condition (financial or otherwise) of the Target and the Subsidiaries, (b) damage, destruction or loss, whether covered by insurance or not, materially and adversely affecting the business, properties or condition (financial or otherwise) of the Target and the Subsidiaries, taken as a whole, or (c) change by the Target or any of the Subsidiaries in accounting methods or principles used for financial reporting purposes, except as required by a change in generally accepted accounting principles and concurred with by the Target’s 's independent certified public accountants.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Tillman International Inc), Securities Purchase Agreement (Newcom International Inc), Securities Purchase Agreement (Asyst Corp)
Absence of Material Adverse Changes. Since the date of the Latest Target Audited Financial Statements, there has not been any (a) material adverse change in the business, operations, properties, condition (financial or otherwise) of the Target and the Subsidiaries, (b) damage, destruction or loss, whether covered by insurance or not, materially and adversely affecting the business, properties or condition (financial or otherwise) of the Target and the Subsidiaries, taken as a whole, or (c) change by the Target or any of the Subsidiaries in accounting methods or principles used for financial reporting purposes, except as required by a change in generally accepted accounting principles and concurred with by the Target’s Target"s independent certified public accountants.
Appears in 1 contract
Samples: Stock Purchase Agreement (Tillman International Inc)