Common use of Loss, Damage, or Destruction Clause in Contracts

Loss, Damage, or Destruction. Between the date hereof and the Closing Date, there shall not have been any material loss, damage or destruction to or of any of the Acquired Assets, and there shall have been no development which would have a material adverse effect on the Dealership.

Appears in 5 contracts

Samples: Asset Purchase Agreement (Firstamerica Automotive Inc /De/), Asset Purchase Agreement (Firstamerica Automotive Inc /De/), Asset Purchase Agreement (Firstamerica Automotive Inc /De/)

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Loss, Damage, or Destruction. Between the date hereof and the Closing Date, there shall not have been any material loss, damage or destruction to or of any of the Acquired Assetsassets of the Corporation, and there shall have been no development which would have a material adverse effect on the DealershipCorporation.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Firstamerica Automotive Inc /De/), Stock Purchase Agreement (Firstamerica Automotive Inc /De/)

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Loss, Damage, or Destruction. Between the date hereof and the Closing Date, there shall not have been any material loss, damage or destruction to or of any of the Acquired Purchased Assets, and there shall have been no development which would have a material adverse effect on the Dealership.

Appears in 1 contract

Samples: Asset Purchase Agreement (Arkados Group, Inc.)

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