Common use of Financial Condition; Taxes; Litigation Clause in Contracts

Financial Condition; Taxes; Litigation. 3.8.1 The Company's financial condition is, in all material respects, as described in the Disclosure Documents, except for changes in the ordinary course of business and normal year-end adjustments that are not, in the aggregate, materially adverse to the consolidated business or financial condition of the Company and its subsidiaries taken as a whole. There has been no material adverse change to the Company's business, operations, properties, financial condition, prospects or results of operations since the date of the Company's most recent audited financial statements contained in the Disclosure Documents.

Appears in 4 contracts

Samples: Exchange Agreement (Webb Interactive Services Inc), Securities Purchase Agreement (Webb Interactive Services Inc), Exchange Agreement (Webb Interactive Services Inc)

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Financial Condition; Taxes; Litigation. 3.8.1 The Company's financial condition is, in all material respects, as described in the Disclosure Documents, except for changes in the ordinary course of business and normal year-end adjustments that are not, in the aggregate, materially adverse to the consolidated business or financial condition of the Company and or its subsidiaries taken as a whole. There has Except as otherwise described in the Disclosure Documents, there have been no material adverse change changes to the Company's business, operations, properties, financial condition, prospects or results of operations since the date of the Company's most recent audited financial statements contained in the Disclosure Documents.

Appears in 2 contracts

Samples: Purchase Agreement (Igen International Inc /De), Purchase Agreement (White Rock Capital Management Lp)

Financial Condition; Taxes; Litigation. 3.8.1 3.9.1 The Company's financial condition is, in all material respects, as described in the Disclosure Documents, except for changes in the ordinary course of business and normal year-end adjustments that are not, in the aggregate, materially adverse to the consolidated business or financial condition of the Company and its subsidiaries taken as a whole. There has been no material adverse change to the Company's business, operations, properties, financial condition, prospects or results of operations since the date of the Company's most recent audited financial statements contained in the Disclosure Documents.

Appears in 2 contracts

Samples: Exchange Agreement (Webb Interactive Services Inc), Securities Purchase Agreement (Webb Interactive Services Inc)

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Financial Condition; Taxes; Litigation. 3.8.1 The Company's financial condition is, in all material respects, as described in the Disclosure Documents, except for changes in the ordinary course of business and normal year-end adjustments that are not, in the aggregate, materially adverse to the consolidated business or financial condition Company. Except as otherwise described in the Disclosure Documents, as of the Company date hereof and its subsidiaries taken as a whole. There of the Closing there has been no material adverse change to the Company's business, operations, properties, financial condition, prospects condition or results of operations since the date of the Company's most recent audited financial statements contained in the Disclosure Documents.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Samstock LLC), Securities Purchase Agreement (Metal Management Inc)

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