Definition of Material Adverse Effect. “Material Adverse Effect” with respect to a Party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated herein, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 10 contracts
Samples: Consulting Agreement, Merger Agreement (Dala Petroleum Corp.), Merger Agreement (Dala Petroleum Corp.)
Definition of Material Adverse Effect. “Material Adverse Effect” with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party the party taken as a whole; provided, however, that a Material Adverse Effect will shall not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated hereintransaction, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 7 contracts
Samples: Securities Exchange Agreement (China-Biotics, Inc), Securities Exchange Agreement (Feng Fei), Securities Exchange Agreement (Feng Shushun)
Definition of Material Adverse Effect. “Material Adverse Effect” with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated hereintransaction, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 5 contracts
Samples: Merger Agreement (Network Dealer Services Holding Corp.), Merger Agreement (Digitiliti Inc), Merger Agreement (Kentex Petroleum Inc)
Definition of Material Adverse Effect. “Material Adverse Effect” with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties properties, liabilities or liabilities prospects of that Party party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction Agreement or related the transactions contemplated hereinhereby, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 5 contracts
Samples: Stock Purchase Agreement (Microsmart Devices, Inc.), Installment Purchase Agreement (Syntony Group Inc), Installment Purchase Agreement (Price David)
Definition of Material Adverse Effect. “Material Adverse Effect” " with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated hereintransaction, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 4 contracts
Samples: Merger Agreement (Cardiff International Inc), Merger Agreement (Autoline Group Inc), Merger Agreement (Philadelphia Mortgage Corp.)
Definition of Material Adverse Effect. “Material Adverse Effect” with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party the party taken as a whole; , provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated herein, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 3 contracts
Samples: Exchange of Securities Agreement (Eurasia Design Inc.), Securities Exchange Agreement (Rx Staffing, Inc.), Securities Exchange Agreement (Unipro Financial Services Inc)
Definition of Material Adverse Effect. “Material Adverse Effect” with respect In this Agreement, any reference to a Party means a material adverse effect shall mean any event, change in or effect on that is materially adverse to the condition (financial or otherwise), properties, assets, liabilities, business, operations or results of operations, financial condition, properties or liabilities of that Party taken as a whole; provided, however, that a Material Adverse Effect will and is specific to the Seller and not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated herein, (ii) events or conditions an effect arising from or in connection with changes in general business or economic conditions or (iii) changes in generally accepted accounting principlesSeller's industry.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Softnet Systems Inc), Asset Purchase Agreement (Indiginet Inc/Fl)
Definition of Material Adverse Effect. “Material Adverse Effect” " with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party taken as a wholeparty; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated hereintransaction, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles. This space intentionally left blank.
Appears in 2 contracts
Samples: Merger Agreement (Reflect Scientific Inc), Merger Agreement (Reflect Scientific Inc)
Definition of Material Adverse Effect. “Material Adverse EffectEffect ” with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party the party taken as a whole; provided, however, that a Material Adverse Effect will shall not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated hereintransaction, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Tia IV, Inc), Securities Purchase Agreement (Tia IV, Inc)
Definition of Material Adverse Effect. “The term "Material Adverse Effect” with respect " as used in this Agreement shall mean an effect that is materially adverse to a Party means a material adverse change in or effect on the business, operationsfinancial condition or results of operations of the Company and the Subsidiaries (or the Buyer and its subsidiaries, financial condition, properties or liabilities of that Party as the case may be) taken as a whole; provided, however, that any impairment of the Company's ability to conduct continuously any material aspect of its business at any one or at more than one of its retail locations will be deemed to constitute a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated herein, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principlesEffect.
Appears in 2 contracts
Samples: Share Exchange Agreement (Roundys Inc), Stock Purchase Agreement (Roundys Inc)
Definition of Material Adverse Effect. “Material Adverse Effect” " with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties properties, liabilities or liabilities prospects of that Party party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction Agreement or related the transactions contemplated hereinhereby, (ii) events or conditions arising from changes in general business or economic conditions conditions; (iii) changes in the stock price of such party or (iiiiv) changes in generally accepted accounting principles.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Hyundai Syscomm Corp), Stock Purchase Agreement (Electronic Control Security Inc)
Definition of Material Adverse Effect. “Material Adverse Effect” " with respect to a Party means a material adverse change in or effect on the business, operations, financial condition, properties properties, liabilities or liabilities prospects of that Party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction Agreement or related the transactions contemplated hereinhereby, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Settex PLC), Stock Purchase Agreement (Microsmart Devices, Inc.)
Definition of Material Adverse Effect. “As used in this Agreement, any reference to any state of facts, event, change or effect having a "Material Adverse Effect” " on or with respect to a Party either i360 or InfoCast, means such state of facts, event, change or effect that has had or would reasonably be expected to have a material adverse effect on the business, results of operations or financial condition of the any change in or effect on the business, operationsfinancial condition or results of the party making such representation and its subsidiaries, financial condition, properties or liabilities of that Party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated herein, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 1 contract
Samples: Merger Agreement (Infocast Corp /Nv)
Definition of Material Adverse Effect. “Material Adverse Effect” " with respect to a Party the Company means a material an individual or cumulative adverse change in or effect on the business, customers, customer relations, operations, properties, working capital condition (financial conditionor otherwise), assets, properties or liabilities of that Party the Company taken as a whole; providedwhole that is reasonably expected to be materially adverse to the business, howeverproperties, that a Material Adverse Effect will not be deemed to include working capital condition (i) changes financial or otherwise), assets, or liabilities of the Company taken as a result of whole or would prevent the announcement of this transaction Company or related the Seller from consummating the transactions contemplated herein, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principleshereby.
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Definition of Material Adverse Effect. “Material Adverse Effect” material adverse effect" with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties properties, liabilities or liabilities prospects of that Party party taken as a whole; provided, however, that a Material Adverse Effect material adverse effect will not be deemed to include (i) changes as a result of the announcement of this transaction Agreement or related the transactions contemplated hereinhereby, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 1 contract
Samples: Securities Purchase Agreement (Hirsch Capital CORP)
Definition of Material Adverse Effect. “Material Adverse Effect” " with respect to a Party means a material adverse change in or effect on the business, operations, financial condition, properties properties, liabilities or liabilities prospects of that Party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction Agreement or related the transactions contemplated hereinhereby, (ii) events or conditions arising from changes in general business or economic conditions conditions, or (iii) changes in generally accepted accounting principlesprinciples ("GAAP").
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Definition of Material Adverse Effect. “Material Adverse Effect” " with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties properties, liabilities or liabilities prospects of that Party party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction Agreement or related the transactions contemplated hereinhereby, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
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Definition of Material Adverse Effect. “Material Adverse Effect” " with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated hereintransaction, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.. Signature Page Follows
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Definition of Material Adverse Effect. ““ Material Adverse Effect” with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party the party taken as a whole; provided, however, that a Material Adverse Effect will shall not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated hereintransaction, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
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Definition of Material Adverse Effect. “Material Adverse Effect” with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party the party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated herein, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 1 contract
Samples: Securities Purchase Agreement (Wyoming Oil & Minerals Inc)
Definition of Material Adverse Effect. “Material Adverse Effect” " with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party the party taken as a whole; , provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated herein, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 1 contract
Samples: Securities Exchange Agreement (China Honour Investment LTD)
Definition of Material Adverse Effect. “Material Adverse Effect” material adverse effect" with respect to a Party party means a material means adverse change in or effect on the business, operations, financial conditioncondition properties, properties liabilities or liabilities prospects of that Party party taken as a whole; provided, provided however, that a Material Adverse Effect material adverse effect will not be deemed to include (i) changes as a result of the announcement of this transaction Agreement or related the transactions contemplated hereinhereby, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 1 contract
Samples: Private Securities Purchase Agreement (East Coast Diversified Corp)
Definition of Material Adverse Effect. “Material Adverse Effect” with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction or related transactions contemplated herein, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
Appears in 1 contract
Samples: Loan Agreement (Oak Ridge Energy Technologies, Inc.)
Definition of Material Adverse Effect. “Material Adverse Effect” " with respect to a Party party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of that Party taken as a wholeparty; provided, however, that a Material Adverse Effect will not be deemed to include (iI) changes as a result of the announcement of this transaction or related transactions contemplated hereintransaction, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles. This space intentionally left blank.
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