Common use of Material Changes or Material Transactions Clause in Contracts

Material Changes or Material Transactions. Since the respective dates as of which information is given in the Registration Statement and the Prospectus, except as otherwise stated therein or contemplated thereby, (a) there has been no material adverse change, or any material development known to management which is likely to result in a material adverse change, in the condition, financial or otherwise, of the Company and its subsidiaries considered as one enterprise, or in the earnings, business affairs or business prospects of the Company and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business, and (b) there have been no transactions considered material to the Company and its subsidiaries considered as one enterprise entered into by the Company or any of its subsidiaries other than those in the ordinary course of business.

Material Changes or Material Transactions. Since the respective dates as of which information is given in the Registration Statement and the Prospectus, except as otherwise stated therein or contemplated thereby, (a) there has been no material adverse changechange in, or any material development known to management which is likely to result in a material adverse changechange in, in the condition, financial or otherwise, of the Company and its subsidiaries considered as one enterprise, or in the earnings, business affairs or business prospects of the Company and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business, and (b) there have been no transactions considered material to the Company and its subsidiaries considered as one enterprise entered into by the Company or any of its subsidiaries other than those in the ordinary course of business.

Material Changes or Material Transactions. Since the respective ----------------------------------------- dates as of which information is given in the Registration Statement and the Prospectus, except as otherwise stated therein or contemplated thereby, (a) there has been no material adverse change, or any material development known to management which is likely to result in a material adverse change, in the condition, financial or otherwise, of the Company and its subsidiaries considered as one enterprise, or in the earnings, business affairs or business prospects of the Company and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business, and (b) there have been no transactions considered material to the Company and its subsidiaries considered as one enterprise entered into by the Company or any of its subsidiaries other than those in the ordinary course of business.

Material Changes or Material Transactions. Since the ----------------------------------------- respective dates as of which information is given in the Registration Statement and the Prospectus, except as otherwise stated therein or contemplated thereby, (a) there has been no material adverse changechange in, or any material development known to management which is likely to result in a material adverse changechange in, in the condition, financial or otherwise, of the Company and its subsidiaries considered as one enterprise, or in the earnings, business affairs or business prospects of the Company and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business, and (b) there have been no transactions considered material to the Company and its subsidiaries considered as one enterprise entered into by the Company or any of its subsidiaries other than those in the ordinary course of business.

Material Changes or Material Transactions. Since the ---------------------------------------- respective dates as of which information is given in the Registration Statement and the Prospectus, except as otherwise stated therein or contemplated thereby, (a) there has been no material adverse changechange in, or any material development known to management which is likely to result in a material adverse changechange in, in the condition, financial or otherwise, of the Company and its subsidiaries considered as one enterprise, or in the earnings, business affairs or business prospects of the Company and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business, and (b) there have been no transactions considered material to the Company and its subsidiaries considered as one enterprise entered into by the Company or any of its subsidiaries other than those in the ordinary course of business.

Material Changes or Material Transactions. Since the ----------------------------------------- respective dates as of which information is given in the Registration Statement and the Prospectus, except as otherwise stated therein or contemplated thereby, (a) there has been no material adverse change, or any material development known to management which is likely to result in a material adverse change, in the condition, financial or otherwise, of the Company and its subsidiaries considered as one enterprise, or in the earnings, business affairs or business prospects of the Company and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business, and (b) there have been no transactions considered material to the Company and its subsidiaries considered as one enterprise entered into by the Company or any of its subsidiaries other than those in the ordinary course of business.

Material Changes or Material Transactions. Since the respective dates as of which information is given in each of the Registration Statement Statements and the Prospectus, except as otherwise stated therein or contemplated thereby, (a) there has been no material adverse changechange in, or any material development known to management which is likely to result in a material adverse changechange in, in the condition, financial or otherwise, of the Company and its subsidiaries considered as one enterprise, or in the earnings, business affairs or business prospects of the Company and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business, and (b) there have been no transactions considered material to the Company and its subsidiaries considered as one enterprise entered into by the Company or any of its subsidiaries other than those in the ordinary course of business.