Common use of Material and Adverse Restrictions Clause in Contracts

Material and Adverse Restrictions. To Diablo's knowledge, Diablo is not a party to or subject to, nor are any of the Diablo Assets subject to, any Applicable Law, Governmental Authorization, Contractual Obligation, Employment Arrangement, Material Agreement or Private Authorization, or any other obligation or restriction of any kind or character, which now has or, as far as Diablo can now reasonably foresee, at any time in the future, individually or in the aggregate, is likely to have, any material adverse effect on Diablo, except as set forth in Section 3.18 of the Diablo Disclosure Schedule.

Appears in 4 contracts

Samples: Asset Purchase Agreement (American Radio Systems Corp /Ma/), Asset Purchase Agreement (American Radio Systems Corp /Ma/), Asset Purchase Agreement (American Tower Systems Corp)

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