Material Change Reports Sample Clauses
The Material Change Reports clause requires a party to promptly notify the other party of any significant changes that could affect the agreement or the parties’ obligations. In practice, this means that if a company experiences a major event—such as a merger, acquisition, regulatory investigation, or substantial financial shift—it must prepare and deliver a report detailing the nature and impact of the change. This clause ensures transparency between parties and allows them to assess and respond to new risks or altered circumstances that could influence their contractual relationship.
Material Change Reports. Since the Financial Disclosure Date, ----------------------- other than in respect of material change reports filed on a confidential basis and in respect of which the material change so reported did not come to fruition and other than this Agreement and in respect of the Torstar transaction:
(a) there has not been any material change in the assets, liabilities or obligations (absolute, accrued, contingent or otherwise) of the Issuer or its Subsidiaries which requires disclosure under applicable securities legislation and that has not been publicly disclosed;
(b) there has not been any material change in the capital stock or long-term debt of the Issuer or its Subsidiaries which requires disclosure under applicable securities legislation and that has not been publicly disclosed; and
(c) there has not been any material change in the business, business prospects, condition (financial or otherwise) or results of the operations of the Issuer or its Subsidiaries which requires disclosure under applicable securities legislation and that has not been publicly disclosed.
Material Change Reports. Since the Financial Disclosure Date, other than in respect of material change reports filed on a confidential basis and in respect of which the material change so reported did not come to fruition and other than this Agreement:
(1) there has not been any material change in the assets, liabilities or obligations (absolute, accrued, contingent or otherwise) of the Corporation or its Subsidiaries which requires disclosure under applicable securities legislation and that has not been publicly disclosed;
(2) there has not been any material change in the capital stock or long-term debt of the Corporation or its Subsidiaries which requires disclosure under applicable securities legislation and that has not been publicly disclosed; and
(3) there has not been any material change in the business, business prospects, condition (financial or otherwise) or results of the operations of the Corporation or its Subsidiaries which requires disclosure under applicable securities legislation and that has not been publicly disclosed.
Material Change Reports. The Company has not filed a confidential material change report with any of a securities commissions or similar securities regulatory authority which remains confidential.
Material Change Reports. During the period from the date of this Agreement until the Closing Time, the Corporation will promptly comply, to the reasonable satisfaction of the Agents and the Agents’ counsel, with Securities Laws respecting material changes, including by preparing and filing promptly at the Agents’ request, acting reasonably, any amendment to any part of the Public Record which in the Agents’ opinion may be reasonably necessary to comply with Securities Laws. The Corporation will consult with the Agents with respect to the form and content of any amendment to any part of the Public Record to be filed by the Corporation under this Section 5.4 and will not file any amendment without the prior review and approval by the Agents, acting reasonably.