ABSENCE OF MATERIAL EVENTS. Since January 1, 1997 there has not been (a) any material adverse change in the business, affairs or prospects of the Company nor, to the best of the Company's knowledge, are any such changes threatened, anticipated or contemplated; (b) any actual or, to the Company's knowledge, threatened, anticipated or contemplated damage, destruction, loss, conversion, termination, cancellation, default or taking by eminent domain or other action by governmental authority which has materially affected or may hereafter materially affect the properties, assets, business affairs or prospects of the Company; (c) any material and adverse pending or, to the Company's knowledge, threatened, anticipated or contemplated dispute of any kind with any material customer, supplier, source of financing, employee, landlord, subtenant or licensee of the Company, or any pending or, to the Company's knowledge, threatened, anticipated or contemplated occurrence or situation of any kind, nature or description which is reasonably likely to result in any reduction in the amount, or any change in the terms or conditions, of business with any material customer, supplier, or source of financing; or (d) any pending, or to the Company's knowledge, threatened, anticipated or contemplated occurrence or situation of any kind, nature or description materially and adversely affecting the properties, assets, business, affairs or prospects of the Company.
ABSENCE OF MATERIAL EVENTS. Since January 1, 1996 there has not been (a) any material adverse change in the business, affairs or prospects of the Company nor, to the Company's knowledge, are any such changes threatened, anticipated or contemplated; (b) any actual or, to the Company's knowledge, threatened, anticipated or contemplated damage, destruction, loss, conversion, termination, cancellation, default or taking by eminent domain or other action by governmental authority which has materially affected or may hereafter
ABSENCE OF MATERIAL EVENTS. (a) No Material Event exists or will occur as a result of signature of the Financial Documents or the performance of any of the transactions provided for therein.
ABSENCE OF MATERIAL EVENTS. Except as provided in this Section 5.17 -------------------------- and the Pulsar Disclosure Schedule, since the Balance Sheet Date the business of Pulsar has been conducted in the ordinary course of business (including borrowing money for working capital purposes only) and there has not been (a) any material adverse change in the business, affairs, prospects, operations, earnings or financial condition of Pulsar nor, to the best of Pulsar's knowledge, are any such changes threatened, anticipated or contemplated; (b) any actual or, to Pulsar's knowledge, threatened, anticipated or contemplated damage, destruction, loss, conversion, termination, cancellation, default or taking by eminent domain or other action by governmental authority which has materially affected or may hereafter materially affect the properties, assets, business affairs, cash flow or results of operation or prospects of Pulsar; (c) any material and adverse pending or, to Pulsar's knowledge, threatened, anticipated or contemplated dispute of any kind with any material customer, supplier, source of financing, employee, landlord, subtenant or licensee of Pulsar, or any pending or, to Pulsar's knowledge, threatened, anticipated or contemplated occurrence or situation of any kind, nature or description which is reasonably likely to result in any reduction in the amount, or any change in the terms or conditions, of business with any material customer, supplier or source of financing; (d) any pending, or to Pulsar's knowledge, threatened, anticipated or contemplated occurrence or situation of any kind, nature or description materially and adversely affecting the properties, assets, business, affairs or prospects of Pulsar; (e) any waivers by Pulsar of any right, or cancellation of any debt or claim, of substantial value; (f) any declarations, set asides or payments of any dividend or other distributions or payments in respect of Pulsar capital stock; or (g) any changes in the accounting principles or methods which are utilized by Pulsar.
ABSENCE OF MATERIAL EVENTS. Since the Balance Sheet Date, there has not been: (a) any Material Adverse Effect; (b) any actual or, to the Company's Knowledge, threatened damage, destruction, loss, conversion, termination, cancellation, default or taking by eminent domain or other action by any Governmental Authority which has had or may have a Material Adverse Effect; (c) any pending or, to the Company's Knowledge, threatened dispute with any material customer, supplier, employee, lessor or licensee of the Company which could have a Material Adverse Effect, or (d) any pending or, to the Company's Knowledge, threatened reduction in the amount, or any change in the terms or conditions, of business with any material customer, lessor or supplier which could have a Material Adverse Effect.
ABSENCE OF MATERIAL EVENTS. Since the date of the Web Site's formation, there has not been any material adverse change in the business, financial condition, operations, results of operations or future prospects of the Seller or Web Site relating to the Acquired Assets. Without limiting the generality of the foregoing, since that date through the Closing Date:
ABSENCE OF MATERIAL EVENTS. Since the Balance Sheet Date, there has not been: (a) any material adverse change in the Business; (b) any actual or, to the Company's Knowledge, threatened, anticipated or contemplated damage, destruction, loss, conversion, termination, cancellation, default or taking by eminent domain or other action by any Governmental Authority which has had or may have a Material Adverse Effect; (c) any material and adverse pending or, to the Company's Knowledge, threatened, anticipated or contemplated dispute of any kind with any material customer, supplier, source of financing, employee, lessor or licensee of the Company, or, any pending or, to the Company's Knowledge, threatened, anticipated or contemplated occurrence or situation of any kind, nature or description which is reasonably likely to result in any material reduction in the amount, or any material change in the terms or conditions, of business with any customer, lessor, supplier, or source of financing; or (d) any pending, or, to the Company's Knowledge, threatened, anticipated or contemplated occurrence or situation of any kind, nature or description which could have a Material Adverse Effect.
ABSENCE OF MATERIAL EVENTS. Evidence reasonably satisfactory to the Lenders that there has occurred (i) no material adverse change in the condition (financial and otherwise), operations, assets, income and/or prospects of the Borrower and its Subsidiaries; (ii) no litigation which in the reasonable judgment of the Agents or any Lender would prohibit the making of Advances or would otherwise cause a material adverse effect in the condition (financial and otherwise) of the Borrower and its Subsidiaries; (iii) no disruption or change in the financial or capital markets in general that would have a material adverse effect on the market for loan syndications; or (iv) no changes in governmental regulations or policies affecting the Borrower, its Subsidiaries, the Agents or the Lenders that would have a material adverse effect on the condition (financial or otherwise) of the underwriting of the Line of Credit.
ABSENCE OF MATERIAL EVENTS. Since September 30, 2005, except as set forth on Schedule 3.16(a) - (r) hereto, there has not been with ------------------------ respect to the Company or the Property:
ABSENCE OF MATERIAL EVENTS. Since January 1, 1997 there has not been (a) any material adverse change in the business, affairs or prospects of the Company nor, to the best of the Company's knowledge, are any such changes threatened, anticipated or contemplated; (b) any actual or, to the Company's knowledge, threatened, anticipated or contemplated damage, destruction, loss, conversion, termination, cancellation, default or taking by eminent domain or other action by governmental authority which has materially affected or may hereafter materially affect the properties, assets, business affairs or prospects of the Company; (c) any material and adverse pending or, to the Company's knowledge, threatened,
