Casualty and Other Calamity. Since the Effective Date the Company shall not have sustained any loss on account of fire, explosion, flood, accident, calamity or any other cause, of such character as materially adversely affects its business or property considered as an entire entity, whether or not such loss is covered by insurance, and no officer or director of the Company shall have suffered any injury, sickness or disability of a nature which would materially adversely affect his or her ability to properly function as an officer or director of the Company.
Appears in 11 contracts
Samples: Underwriting Agreement (Pelion Systems Inc), Underwriting Agreement (Viper Powersports Inc), Underwriting Agreement (Pelion Systems Inc)
Casualty and Other Calamity. Since the Effective Date Date, the Company shall not have sustained any loss on account of fire, explosion, flood, accident, calamity or any other cause, of such character as materially adversely affects its business or property considered as an entire entity, whether or not such loss is covered by insurance, and no officer or director of the Company shall have suffered any injury, sickness or disability of a nature which would materially adversely affect his or her ability to properly function as an officer or director of the Company.
Appears in 4 contracts
Samples: Underwriting Agreement (Us Dry Cleaning Corp), Underwriting Agreement (Reeds Inc), Underwriting Agreement (Us Dry Cleaning Corp)
Casualty and Other Calamity. Since the Effective Date Date, the Company shall not have sustained any loss on account of fire, explosion, flood, accident, calamity or any other cause, cause of such character as materially adversely affects its business or property considered as an entire entity, whether or not such loss is covered by insurance, and no officer or director of the Company shall have suffered any injury, sickness or disability of a nature which would materially adversely affect his or her ability to properly function as an officer or director of the Company.
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