Common use of Material Transactions and Adverse Changes Clause in Contracts

Material Transactions and Adverse Changes. Between the date of the Company’s Financial Statements and the Closing Date, there has not and will not have been, occurred or arisen: 4.9.1 Any material adverse change in the business or financial condition of the Company from that shown in the Financial Statements; or 4.9.2 Any damage or destruction in the nature of a casualty loss, whether covered by insurance or not, materially and adversely affecting any one or more assets, properties or the business of the Company; or 4.9.3 Irrespective of any rights to indemnification, any waiver, release or deferral, by the Company of any right to substantial value or significance which singly or in the aggregate is material to the Company; or 4.9.4 Any borrowing of money or any commitment to borrow money by the Company or any cancellation, termination or modification of any existing loan and/or commitment to lend money to the Company; or 4.9.5 The creation of or entrance into any new or existing business entity by the Company; or 4.9.6 Any other event, condition or state of facts of any character which materially and adversely affects, or, threatens to materially and adversely affect, the business, properties or assets of the Company, or results of operations or financial condition of the Company.

Material Transactions and Adverse Changes. Between the date of the Company’s Financial Statements and the Closing Date, there has not and will not have been, occurred or arisen: 4.9.1 Any material adverse change in the business or financial condition of the Company from that shown in the Financial Statements; oror DWP THL THL 4.9.2 Any damage or destruction in the nature of a casualty loss, whether covered by insurance or not, materially and adversely affecting any one or more assets, properties or the business of the Company; or 4.9.3 Irrespective of any rights to indemnification, any waiver, release or deferral, by the Company of any right to substantial value or significance which singly or in the aggregate is material to the Company; or 4.9.4 Any borrowing of money or any commitment to borrow money by the Company or any cancellation, termination or modification of any existing loan and/or commitment to lend money to the Company; or 4.9.5 The creation of or entrance into any new or existing business entity by the Company; or 4.9.6 Any other event, condition or state of facts of any character which materially and adversely affects, or, threatens to materially and adversely affect, the business, properties or assets of the Company, or results of operations or financial condition of the Company.

Material Transactions and Adverse Changes. Between the date of the Company’s Financial Statements and the Closing Date, there has not and will not have been, occurred or arisen: 4.9.1 4.8.1 Any material adverse change in the business or financial condition of the Company from that shown in the Financial Statements; or; 4.9.2 4.8.2 Any damage or destruction in the nature of a casualty loss, whether covered by insurance or not, materially and adversely affecting any one or more assets, properties or the business of the Company; or; 4.9.3 4.8.3 Irrespective of any rights to indemnification, any waiver, release or deferral, by the Company of any right to substantial value or significance which singly or in the aggregate is material to the Company; or; 4.9.4 4.8.4 Any borrowing of money or any commitment to borrow money by the Company or any cancellation, termination or modification of any existing loan and/or commitment to lend money to the Company; or; 4.9.5 4.8.5 The creation of or entrance into any new or existing business entity by the Company; or 4.9.6 4.8.6 Any other event, condition or state of facts of any character which materially and adversely affects, or, threatens to materially and adversely affect, the business, properties or assets of the Company, or results of operations or financial condition of the Company.

Material Transactions and Adverse Changes. Between the date of the Company’s Financial Statements and the Closing Date, there has not and will not have been, occurred or arisen: 4.9.1 Any material adverse change in the business or financial condition of the Company from that shown in the Financial Statements; or 4.9.2 Any damage or destruction in the nature of a casualty loss, whether covered by insurance or not, materially and adversely affecting any one or more assets, properties or the business of the Company; oror DWP THL THL 4.9.3 Irrespective of any rights to indemnification, any waiver, release or deferral, by the Company of any right to substantial value or significance which singly or in the aggregate is material to the Company; or 4.9.4 Any borrowing of money or any commitment to borrow money by the Company or any cancellation, termination or modification of any existing loan and/or commitment to lend money to the Company; or 4.9.5 The creation of or entrance into any new or existing business entity by the Company; or 4.9.6 Any other event, condition or state of facts of any character which materially and adversely affects, or, threatens to materially and adversely affect, the business, properties or assets of the Company, or results of operations or financial condition of the Company.