Common use of Definition of Material Adverse Effect Clause in Contracts

Definition of Material Adverse Effect. As used in this Agreement, -------------------------------------- the term "Material Adverse Effect" shall mean a material adverse effect in the business or in the financial condition, results of operations, properties, assets, liabilities or prospects of Seller or the Subsidiaries, or any of them, or on the ability of Seller to enter into this Agreement and perform its obligations hereunder.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Gainor Medical Management LLC)

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Definition of Material Adverse Effect. As used in For purposes of this --------------------------------------- Agreement, -------------------------------------- the term phrase "Material Adverse Effect" shall mean an effect or effects which would have a material adverse effect in on the business Company or in the financial condition, results of operations, properties, assets, liabilities business or prospects assets of Seller or the Subsidiaries, or any of them, or on the ability of Seller to enter into this Agreement and perform its obligations hereunderCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Central Garden & Pet Company)

Definition of Material Adverse Effect. As The term "Material Adverse Effect", as used in this Agreement, -------------------------------------- the term "Material Adverse Effect" shall mean a any material adverse effect change in the business operating or in the financial condition, results of operationsprospects (financial or otherwise), propertiesbusiness, properties or assets, liabilities or prospects all of Seller or which are considered individually and in the Subsidiaries, or any of them, or on the ability of Seller to enter into this Agreement and perform its obligations hereunder.aggregate. ARTICLE Il

Appears in 1 contract

Samples: Stock Exchange Agreement (WOWI, Inc.)

Definition of Material Adverse Effect. As used in In this Agreement, -------------------------------------- the term "Material Adverse Effect" shall mean any ------------------------------------- reference to a material adverse effect in shall mean any event, change or effect that is materially adverse to the business condition (financial or in the financial condition, results of operationsotherwise), properties, assets, liabilities liabilities, business, operations or prospects results of operations, taken as a whole, and is specific to the Seller and not an effect arising from or the Subsidiaries, or any of them, or on the ability of Seller to enter into this Agreement and perform its obligations hereunderin connection with changes in Seller's industry.

Appears in 1 contract

Samples: Asset Purchase Agreement (Convergent Communications Inc /Co)

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Definition of Material Adverse Effect. As used in this Agreement, -------------------------------------- the The term "Material Adverse Effect" as used in this Agreement shall mean a material an effect that is materially adverse effect in to the business business, financial condition or in the financial condition, results of operations, properties, assets, liabilities or prospects operations of Seller (or the SubsidiariesBuyer and its subsidiaries, or as the case may be); provided, that any impairment of them, or on Seller's ability to conduct continuously any material aspect of the ability of Seller Business will be deemed to enter into this Agreement and perform its obligations hereunderconstitute a Material Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Roundys Inc)

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