No Adverse Change or Event. Since June 30, 1996, no change in the business, assets, Liabilities, financial condition, results of operations or business prospects of the Borrower or any Subsidiary has occurred, and no event has occurred or failed to occur, that has had or might have, either alone or in conjunction with all other such changes, events and failures, a Materially Adverse Effect on (a) the Borrower and the Consolidated Subsidiaries taken as a whole, (b) any Loan Document or (c) the Collateral. Such an adverse change may have occurred, and such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no Default shall have occurred and be continuing.
No Adverse Change or Event. Since June 30, 2003, no change in the business, assets, liabilities, financial condition, results of operations or business prospects of the Borrower or any Restricted Subsidiary has occurred, and no event has occurred or failed to occur, that has had or would be reasonably likely to have, either alone or in conjunction with all other such changes, events and failures, a Material Adverse Effect. Such an adverse change may have occurred, and such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no Default shall have occurred and be continuing.
No Adverse Change or Event. Since December 31, 2006, no change in the business, assets, Liabilities, financial condition, results of operations or business prospects of any Credit Party or any Subsidiary of any Credit Party has occurred, and no event has occurred or failed to occur, that has had or could reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Material Adverse Effect. Such an adverse change may have occurred, and such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no Default or Event of Default shall have occurred and be continuing.
No Adverse Change or Event. (a) Since September 30, 2003, no change in the business, assets, Liabilities, financial condition, results of operations or business prospects of any Borrower or any Subsidiary of any Borrower has occurred, and no event has occurred or failed to occur, that has had or would reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Material Adverse Effect (it being understood that the items described on SCHEDULE B, PART 6.26 do not constitute an event or circumstance that had or would reasonably be expected to have, a Material Adverse Effect). Such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no Default or Event of Default shall have occurred and be continuing.
(b) Except as fully reflected in the financial statements described in Section 6.7 and the Indebtedness incurred under this Credit Agreement, the First Lien Credit Facility and the Second Lien Credit Facility, as of the Closing Date, (i) there were no liabilities or obligations (excluding current obligations incurred in the ordinary course of business) with respect to any Borrower or any of its Subsidiaries of any nature whatsoever (whether absolute, accrued, contingent or otherwise and whether or not due) which, either individually or in the aggregate, would reasonably be expected to have Material Adverse Effect and (ii) neither any Borrower nor any of its Subsidiaries knows of any basis for the assertion against it or any of its Subsidiaries of any such liability or obligation of any nature whatsoever that is not fully disclosed in the financial statements delivered pursuant to Section 6.7 and that, either individually or in the aggregate, is or would be reasonably be expected to have a Material Adverse Effect.
No Adverse Change or Event. 14 SECTION 3.08
No Adverse Change or Event. Except as disclosed in the financial statements for the quarterly period ending on June 30, 2002, since March 31, 2002, no change in the business, financial condition or operations of the Borrower has occurred, and no event has occurred or failed to occur, that has had or could reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Materially Adverse Effect on (a) the Borrower, (b) any Loan Document to which the Borrower is a party or (c) the Collateral.
No Adverse Change or Event. Since April 30, 1994, no -------------------------- change in the business, assets, Liabilities, financial condition, results of operations or business prospects of the Borrower or any Subsidiary has occurred, and no event has occurred or failed to occur, that has had or might have, either #90068563. alone or in conjunction with all other such changes, events and failures, a Materially Adverse Effect on (a) the Borrower and the Subsidiaries taken as a whole, (b) any Loan Document to which the Borrower or any Subsidiary is a party or (c) the Collateral.
No Adverse Change or Event. Since December 31, 2002, no change in the business, assets, Liabilities, financial condition, results of operations or business prospects of the Borrower has occurred, and no other event has occurred or failed to occur, in any case that has had, or would reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Materially Adverse Effect on (a) any Loan Party or (b) any Loan Document.
No Adverse Change or Event. Since December 31, 1997, no change in the business, assets, Liabilities, financial condition, results of operations or business prospects of RBMG or any Subsidiary has occurred, and no event has occurred or failed to occur, that has had or that has a significant possibility of having, either alone or in conjunction with all other such changes, events and failures, a Materially Adverse Effect on (a) RBMG, (b) any Loan Document or (c) the Collateral. RBMG acknowledges that such an adverse change may have occurred, and such an event may have occurred or failed to occur, at any particular time notwithstanding the fact that at such time no Default (other than an Event of Default specified in Section 6.01(f) of this Agreement) shall have occurred and be continuing.
No Adverse Change or Event. Except as specifically set forth in Schedule 5.06, Schedule 5.13 or Schedule 5.15, since December 31,2003, no change in the business, assets, Liabilities, financial condition, results of operations or business prospects of the Borrower or any AEE Entity has occurred, and no event has occurred or failed to occur, that has had or could reasonably be expected to have, either alone or in conjunction with all such other changes, events and failures, a Materially Adverse Effect on (a) AES NY, (b) the Borrower and the AEE Subsidiaries taken as a whole, (c) any Loan Document or (d) the Collateral.
