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 the Subsidiaries taken as a whole. There has occurred no (i) material adverse change to the Company's business, operations, properties, financial condition, or results of operations since the date of the Company's most recent audited financial statements contained in the Disclosure Documents or (ii) change by the Company in its accounting principles, policies and methods except as required by changes in GAAP or applicable law.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Applied Digital Solutions Inc), Securities Purchase Agreement (Applied Digital Solutions Inc)

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Financial Condition; Taxes; Litigation. 3.8.1 (a) The Company's ’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 Company. Except as disclosed in the Subsidiaries taken as a whole. There Disclosure Documents, there has occurred been no (i) material adverse change to the Company's ’s business, operations, properties, financial condition, or results of operations since the date of the Company's ’s most recent audited financial statements contained in the Disclosure Documents or (ii) change by the Company in its accounting principles, policies and methods except as required by changes in GAAP or applicable law.

Appears in 2 contracts

Samples: 2013 Securities Purchase Agreement (Champions Oncology, Inc.), Securities Purchase Agreement (Champions Oncology, Inc.)

Financial Condition; Taxes; Litigation. 3.8.1 The Company's ’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 the Subsidiaries taken as a whole. There has occurred no (i) material adverse change to the Company's ’s business, operations, properties, financial condition, or results of operations since the date of the Company's ’s most recent audited financial statements contained in the Disclosure Documents or (ii) change by the Company in its accounting principles, policies and methods except as required by changes in GAAP or applicable law.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Neomagic Corp), Securities Purchase Agreement (Worldgate Communications Inc)

Financial Condition; Taxes; Litigation. 3.8.1 The Company's financial condition of the Company and its consolidated entities 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 the Subsidiaries or its Subsidiaries, taken as a whole. There Other than as set forth in the Disclosure Documents, there has occurred been no (i) material adverse change to the Company's business, operations, properties, financial condition, or results of operations Material Adverse Change since the date of the Company's ’s most recent audited financial statements contained in the Disclosure Documents or (ii) change by the Company in its accounting principles, policies and methods except as required by changes in GAAP or applicable lawGAAP.

Appears in 1 contract

Samples: Note Purchase Agreement (CDC Corp)

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Financial Condition; Taxes; Litigation. 3.8.1 The Company's financial condition of the Company and its consolidated entities 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 the Subsidiaries or its Subsidiaries, taken as a whole. There Other than as set forth in the Disclosure Documents, there has occurred been no (i) material adverse change to the Company's business, operations, properties, financial condition, or results of operations Material Adverse Change since the date of the Company's most recent audited financial statements contained in the Disclosure Documents or (ii) change by the Company in its accounting principles, policies and methods except as required by changes in GAAP or applicable lawGAAP.

Appears in 1 contract

Samples: Note Purchase Agreement (CDC Corp)

Financial Condition; Taxes; Litigation. 3.8.1 4.6.1 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 the its Subsidiaries taken as a whole. There has occurred been no (i) material adverse change to the Company's business, operations, properties, currently poor financial condition, prospects or results of operations since the date of the Company's most recent audited and unaudited financial statements contained in the Disclosure Documents or (ii) change by the Company in its accounting principles, policies and methods except as required by changes in GAAP or applicable lawGAAP.

Appears in 1 contract

Samples: Securities Purchase Agreement (Unipro Financial Services Inc)

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