Common use of Absence of Material Adverse Changes Clause in Contracts

Absence of Material Adverse Changes. Since December 31, 1996, there has not been any material adverse change in the assets, business, financial condition or results of operations of the Buyer, nor has there occurred any event or development which could reasonably be foreseen to result in such a material adverse change in the future.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Security Dynamics Technologies Inc /De/), Agreement and Plan of Merger (Security Dynamics Technologies Inc /De/), Stock Purchase Agreement (Security Dynamics Technologies Inc /De/)

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Absence of Material Adverse Changes. Since December 31September 30, 19961997, there has not been any material adverse change in the assets, business, financial condition or results of operations of the BuyerAxent and its Subsidiaries (taken as a whole), nor has there occurred any event or development which could should reasonably be foreseen to result in such a material adverse change in the future.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Raptor Systems Inc), Agreement and Plan of Merger (Axent Technologies Inc)

Absence of Material Adverse Changes. Since December March 31, 19961998, there has not been any material adverse change in the assets, business, financial condition or results of operations of the Buyer, nor has there occurred any event or development which could reasonably be foreseen to result in such a material adverse change in the future.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Flexiinternational Software Inc/Ct)

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Absence of Material Adverse Changes. Since December 31September 27, 19961997, there has not been any material adverse change in the assets, business, financial condition or results of operations of the Buyer, nor has there occurred any event or development which could reasonably be foreseen to result in such a material adverse change in the future.

Appears in 1 contract

Samples: Asset Purchase Agreement (Shiva Corp)

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