Interim Changes. Since the date of its balance sheets, except as set forth in Exhibit C, there have been no (1) changes in financial condition, assets, liabilities or business of Amalgamated which, in the aggregate, have been materially adverse; (2) damages, destruction or losses of or to property of Amalgamated, payments of any dividend or other distribution in respect of any class of stock of Amalgamated, or any direct or indirect redemption, purchase or other acquisition of any class of any such stock; or (3) increases paid or agreed to in the compensation, retirement benefits or other commitments to its employees.
Interim Changes. Except as set forth on Schedule 4.4, since December 31, 2006, there has been no:
(a) change in the condition, financial or otherwise, of Seller, which has, or would reasonably be expected to have a Material Adverse Effect;
(b) loss, damage or destruction of or to any of the material Transferred Assets, whether or not covered by insurance;
(c) sale, lease, transfer or other disposition by Seller of, or mortgages or pledges of or the imposition of any Encumbrance on, any portion of the Transferred Assets other than in the Ordinary Course of Business consistent with past practice;
(d) increase in the compensation payable by Seller to any of the Shareholders, employees, directors, managers, independent contractors or agents, or any increase in, or institution of, any bonus, insurance, pension, profit sharing or other employee benefit plan or arrangements made to, for or with the employees, directors, managers, shareholders or independent contractors of Seller, other than increases in salaries of employees of the Business (other than the Shareholders) in the Ordinary Course of the Business consistent with past practice;
(e) adjustment or write off of accounts receivables or reduction in reserves for account receivables outside of the Ordinary Course of the Business or any change in the collection, payment or credit experience or practices of Seller;
(f) change in the Tax or cash basis accounting methods or practices employed by Seller or change in depreciation or amortization policies;
(g) issuance or sale by Seller or the Shareholders, or any Contract entered into by Seller or the Shareholders for the issuance or sale, of any shares of capital stock or securities convertible into or exchangeable for capital stock of Seller;
(h) payment by Seller of any dividend, distribution or extraordinary or unusual disbursement or expenditure;
(i) merger, consolidation or similar transaction involving Seller;
(j) strike, work stoppage or other labor dispute adversely affecting the Business;
(k) termination, waiver or cancellation of any material rights or claims of Seller, under any Contract or otherwise;
(l) incurrence of indebtedness for borrowed money other than in the Ordinary Course of the Business consistent with past practice;
(m) new Contract (or amendment to any existing Contract) obligating Seller to purchase goods or services for a period of ninety (90) days or more, any amendment or termination of any Seller Contract or license relating to the Business or any w...
Interim Changes. 3.1. The Work Placement Agreement and, in particular, the work placement details as contained in the Work Placement Sheet, may be amended or supplemented during the work placement period with written or verbal consent of the Parties.
3.2. In case of alteration of the work placement details because of changes in the training program of the student, a request by the student for a change to the training program and an adjustment to the Education Agreement is needed first.
3.3. The work placement details regarding how the work placement is carried out, can only be changed at the request of the student. This request may be preceded by a consultation with, or advice from, the institution or the work placement provider.
3.4. The work placement details regarding the start and end dates, duration and scope of the work placement, can also be changed at the request of the work placement provider. Such a request is granted by the institution only after consultation with the student and the consent of the student.
3.5. In the event of an interim amendment to the work placement details, the Work Placement Sheet is replaced during the work placement with a new Work Placement Sheet.
3.6. The institution sends the new Work Placement Sheet as soon as possible (paper or digital) to the student (and in the case of a minor also to his/her parent(s) or legal representative(s)1) and the work placement provider.
3.7. The student (and in the case of a minor his/her parent(s) or legal representative(s)) and the work placement provider must advise the institution, in writing or verbally, within 10 working days after the new Work Placement Sheet has been sent, if the content of the new Work Placement Sheet is incorrect.
3.8. If the student or the work placement provider indicates that the adjusted work placement details are not correctly shown (in accordance with the request or consent of the non-requesting party), then the institution will proceed to rectify the work placement details concerned.
3.9. If the student or the work placement provider make an objection that the work placement details have been adjusted without underlying request or consent, then the institution shall proceed to cancel the new Work Placement Sheet. In such an instance, the student remains in the work placement as it is outlined in the original Work Placement Sheet, until the consent of both Parties is obtained. 1 As arranged in the Education Agreement, parents have consented that that they do not have to c...
Interim Changes. Since the date of its balance sheets, except as set forth in Exhibit D, there have been no (1) changes in financial condition, assets, liabilities or business of Cybertel which, in the aggregate, have been materially adverse; (2) damages, destruction or losses of or to property of Cybertel, payments of any dividend or other distribution in respect of any class of stock of Cybertel, or any direct or indirect redemption, purchase or other acquisition of any class of any such stock; or (3) increases paid or agreed to in the compensation, retirement benefits or other commitments to its employees.
Interim Changes. Since the date of the trial balance sheet, except as set forth in Exhibit F, there have been no (1) changes in the financial condition, assets, liabilities or business of LDVL, in the aggregate, have been materially adverse; (2) damages, destruction or loss of or to the property of LDVL, payment of any dividend or other distribution in respect of the capital stock of LDVL, or any direct or indirect redemption, purchase or other acquisition of any such stock; or (3) increases paid or agreed to in the compensation, retirement benefits or other commitments to their employees.
Interim Changes. 1. If drastic changes take place in the general socio-economic relations in the Netherlands or in the social insurance system, parties are entitled to propose and agree changes to the provisions of this CAO, including the salary regulations and pension scheme, also within the duration of this CAO.
2. If no agreement is reached on the changes referred to in section 1 within two months after they have been presented to the other CAO party by registered post, the party that has made the proposal is entitled to terminate this CAO at one month's notice by means of a registered letter to the other party.
Interim Changes. 3.1 The apprenticeship agreement and more in particular, the data with regard to work-based learning as laid down in the Cover Page Work-based learning, may be modified or complemented during the work-based learning period by oral or written agreement between parties.
3.2 If the modification of the Work-based learning data follows from a change in the educational programme of the student, then the student shall submit a request for modification of the educational programme and an amendment of the education agreement beforehand.
3.3 The Work-based learning data of the educational programme as regards which the student carries out the Work-based learning period, can only be modified on the request of the student. This request may be preceded by a consultation or advice from the education institute or the training company.
3.4 The Work-based learning data as regards the starting date and scheduled final date, the duration and the scope of the agreement can also be modified on the request of the training company. Such a request shall only be honored by the educational institute after consultation with and agreement from the student.
3.5 In case of an interim change of the Work-based learning data, then the Cover Page Work-based learning shall be replaced by a new Cover Page Work-based learning during the work-based learning period.
1 If the work-based learning is only followed as part of an elective course, then it is of importance that the company or organization which is responsible for the work-based learning disposes of a positive assessment from the Education Business Alliance (Samenwerking Beroepsonderwijs Bedrijfsleven, SBB).
3.6 The institute shall send the new Cover Page Work-based learning to the student (and in case the student is a minor also to his/ her parent(s) or legal representative(s)2) and the training company without any delay in writing (in hard copy or digital file).
3.7 The student and the training company shall have the opportunity to send an oral or written response to the institution within 10 working days after the submission of the new Cover Page Work- based learning to indicate whether or not the contents of the new Work-based learning is correct.
3.8 If the student or the training company indicates that the amended Work-based learning data are incorrectly laid down (in accordance with the request or agreement from the non-requesting party), then the institute shall initiate the rectification of the corresponding Work-based learnin...
Interim Changes. Between the date of the Financial Statements and the date of this Agreement, there have not been, except as set forth in the Disclosure Schedule (1) any changes in Company's financial condition, assets, liabilities or business which, in the aggregate, have been materially adverse; (2) any damage, destruction or loss of or to Company's property, whether or not covered by insurance; (3) any declaration or payment of any dividends or other distribution in respect of Company's capital stock, or any direct or indirect redemption, purchase or other acquisition or any such stock; or (4) any increase paid or agreed to in the compensation, retirement benefits or other commitments to employees.
Interim Changes. Between the date of this Agreement and the Closing Date, there have not been, (1) any changes in the Company's financial condition, assets, liabilities, or business which, in the aggregate, have been materially adverse; (2) any damage, destruction or loss of or to the Company's property, whether or not covered by insurance; (3) any declaration or payment of any dividends or other distribution in respect of the Company's capital stock, or any direct or indirect redemption, purchase or other acquisition or any such stock; or (4) any increase paid or agreed to in the compensation, retirement benefits or other commitments to employees.
Interim Changes. Except as set forth on Schedule 4.32, since the financials for the fiscal year ended December 31, 2006, there has been no:
(a) change in the condition, financial or otherwise, of the Company, which had, or would reasonably be expected to have, a Material Adverse Effect;
(b) material loss, damage or destruction of or to any of the Company’s assets, individual or in the aggregate, whether or not covered by insurance;
(c) sale, lease, transfer or other disposition by the Company of, or the imposition of any Lien (other than Permitted Liens) on, any portion of the Company’s assets, other than the sale of assets in the ordinary course of the Company’s business;
(d) increase in the compensation payable by the Company to employees, directors, independent contractors or consultants, or any change to any of the Benefit Plans set forth on Schedule 4.13, or institution of any new Benefit Plan;
(e) adjustment or write-off of accounts receivable not reflected in the Historical Financials or any change in the collection, payment or credit experience or practices of the Company;
(f) change in the Tax or cash basis accounting methods or practices employed by the Company or change in depreciation or amortization policies;
(g) issuance or sale by the Company, or any Contract entered into by the Company for the issuance or sale, of any shares of Stock or securities convertible into or exchangeable for Stock of the Company;
(h) merger, consolidation or similar transaction involving the Company;
(i) strike, work stoppage or other labor dispute adversely affecting the Business;
(j) termination, waiver or cancellation of any material rights or claims of the Company, under any Contract or otherwise;
(k) incurrence of indebtedness outside of the ordinary course of business;
(l) new Contract (or amendment to any existing Contract) obligating the Company to purchase or provide goods or services, any amendment or termination of any Contract or license relating to the Business or any waiver of material claims or rights of the Company against third parties in each case outside the ordinary course of business;
(m) agreement, arrangement or transaction between the Company and any Affiliate of the Company;
(n) creation of any new employment or consulting positions and the hiring of any personnel for such positions with an annual salary in excess of $*.
(o) other transaction not in the ordinary course of the Business and consistent with past practice of the Business that, individually or i...
