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 Parent and its subsidiaries, taken as a whole, shall have occurred, no substantial part of the assets of Parent and its subsidiaries, taken as a whole, 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 Parent and its subsidiaries, taken as a whole.

Appears in 3 contracts

Samples: Merger Agreement (European Micro Holdings Inc), Merger Agreement (Altrimega Health Corp), Merger Agreement (Neomedia Technologies Inc)

AutoNDA by SimpleDocs

Absence of Material Adverse Changes. No material adverse change in the business, assets, financial condition, trading price of the Parent Shares or prospects of Parent and its subsidiaries, taken as a whole, shall have occurred, no substantial part of the assets of Parent and its subsidiaries, taken as a whole, 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 Parent and its subsidiaries, taken as a whole.

Appears in 1 contract

Samples: Merger Agreement (Paradigm Holdings, Inc)

Absence of Material Adverse Changes. No material adverse change in the business, assets, financial condition, or prospects of Parent and its subsidiariesthe Parent, taken as a whole, shall have occurred, no substantial part of the assets of Parent and its subsidiariesthe Parent, taken as a whole, 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 Parent and its subsidiariesthe Parent, taken as a whole.

Appears in 1 contract

Samples: Merger Agreement (Mediabus Networks Inc)

Absence of Material Adverse Changes. No material adverse change in the business, assets, financial condition, or prospects of Parent and its subsidiaries, taken as a whole, shall have occurred, no substantial part of the assets of Parent and its subsidiaries, taken as a whole, 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 Parent and its subsidiaries, taken as a whole.

Appears in 1 contract

Samples: Merger Agreement (Neomedia Technologies Inc)

AutoNDA by SimpleDocs

Absence of Material Adverse Changes. No material adverse change in the business, assets, financial condition, or prospects of Parent and its subsidiariesParent, taken as a whole, shall have occurred, no substantial part of the assets of Parent and its subsidiariesParent, taken as a whole, 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 Parent and its subsidiariesParent, taken as a whole.

Appears in 1 contract

Samples: Merger Agreement (Infe Com Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!