Material Changes; Litigation. No material adverse change shall have occurred in the operation, financial condition, assets, management or credit of the Company or in any conditions affecting the prospects of its business. No claims or litigation shall have been instituted or threatened against the Company. Further, no proceedings shall have been instituted or threatened against the Company before any regulatory body wherein an unfavorable ruling would have a material adverse effect on the Company or the Offering.
Appears in 4 contracts
Samples: Placement Agent Agreement, Placement Agent Agreement (Prolung Inc), Placement Agent Agreement (Fresh Medical Laboratories, Inc.)
