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, (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, or (c) change by the Target 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 (Gl Energy & Exploration 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 TargetTarget 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 TargetTarget 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: Agreement and Plan of Merger (Rubicon Financial Inc), Agreement and Plan of Merger (Rubicon Financial Inc), Agreement and Plan of Merger (Issg, 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 TargetTarget 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 TargetTarget 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 (Newcom International Inc), Securities Purchase Agreement (Tillman International Inc), Securities Purchase Agreement and Plan of Reorganization (Asyst Corp)
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, properties or financial condition (financial or otherwise) of the Target, (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, or (c) change by the Target 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 1 contract
Samples: Securities Purchase Agreement (Penny Auction Solutions Inc)