Absence of Unusual Transaction Sample Clauses

Absence of Unusual Transaction. Since the date of the PPI Interim Financial Statements, neither PPI nor any PPI Subsidiary has, except as disclosed in Schedule 8.17 and except as otherwise approved in writing by CPC: (a) incurred any indebtedness or acquired any assets for borrowed money or become subject to any liability (whether accrued, absolute, contingent, unliquidated or otherwise, whether due or becoming due, and regardless of when asserted), except current liabilities incurred in the ordinary course of business consistent with past practice; (b) transferred, assigned, sold or otherwise disposed of any of the assets shown or reflected in the PPI Interim Financial Statements, or cancelled any debts or entitlements except, in each case, in the ordinary course of business consistent with past practice; (c) paid or satisfied any obligation or liability (fixed or contingent) other than liabilities included in the PPI Interim Financial Statements and liabilities incurred since the date of the PPI Interim Financial Statements in the ordinary course of business consistent with past practice; (d) suffered an operating loss or any extraordinary loss, waived or omitted to take any action in respect of any rights, or entered into any commitment or transaction not in the ordinary course of business, where such loss, rights, commitment or transaction is or would be material to the financial condition or business of PPI or any PPI Subsidiary; (e) granted any bonuses, whether monetary or otherwise, or made any general wage or salary increases in respect of its employees or changed the terms of employment for any employee, or established, amended, modified, restated, or made or promised to make any change or improvement to any pension/benefit plan, except as otherwise expressly contemplated herein; (f) hired or dismissed any senior employees; (g) mortgaged, pledged, subjected to lien, granted a security interest in or otherwise encumbered any of its material assets or property, whether tangible or intangible except for Permitted Encumbrances; (h) directly or indirectly, declared or paid any non-cash dividends or declared or made any other non-cash payments or distributions on or in respect of any of its shares of the capital stock or other securities of PPI or any PPI Subsidiary and has not, directly or indirectly, purchased or otherwise acquired any of its shares of the capital stock or other securities of PPI or any PPI Subsidiary or any warrants, options or rights to acquire any shares of the c...

Absence of Unusual Transaction. Since the date of the Financial Statements, there has not been any material adverse change in the financial condition, operations or prospects of Webengine, and Webengine has not, other than in the ordinary course of its business and except for as otherwise provided for in this Agreement: (a) transferred, assigned, sold or otherwise disposed of any of the assets shown or reflected in the Financial Statements or cancelled any debts or entitlements; (b) incurred or assumed any material liabilities or obligations whether accrued, absolute, contingent or otherwise; (c) discharged or satisfied any Encumbrance or paid any material obligation or liability (fixed or contingent); (d) suffered any extraordinary loss, waived or omitted to take any action in respect of any rights of substantial value, or entered into any commitment or transaction where such loss, rights, commitment or transaction is or would be material in relation to Webengine; (e) hired or dismissed any employees, or granted any bonuses, whether monetary or otherwise, or made any general wage or salary increases in respect of its employees, or changed the terms of employment for any employee; (f) mortgaged, pledged, subjected to lien, granted a security interest in or otherwise encumbered any of its assets or property, whether tangible or intangible; (g) directly or indirectly, declared or paid any dividends or declared or made any other payments or distributions on or in respect of any of its capital stock and has not, directly or indirectly, purchased or otherwise acquired any of its capital stock; or (h) authorized, agreed or otherwise become committed to do any of the foregoing.