Common use of No Adverse Change or Event Clause in Contracts

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 30December 31, 19961997, no change in the business, assets, Liabilities, financial condition, results of operations or business prospects of the Borrower or any Consolidated Subsidiary has occurred, and no event has occurred or failed to occur, that has had or might 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 and the Consolidated Subsidiaries taken as a whole, whole or (b) any Loan Document or (c) the CollateralDocument. 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 continuingexist.

No Adverse Change or Event. Since June 30Except for the Disclosed Matters, 1996since December 31, 1997 no change in the business, assets, Liabilities, financial condition, results of operations or business prospects of the Borrower Premiere or any Subsidiary has occurred, and no event has occurred or failed to occur, that has had or might 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 Premiere 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 30December 31, 1996, no change in the business, assets, Liabilities, financial condition, condition or results of operations or business prospects of the Borrower or any Subsidiary Guarantor has occurred, and no event has occurred or failed to occur, that has had or might 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 and the Consolidated Subsidiaries Guarantors taken as a whole, whole or (b) any Loan Document or (c) the CollateralDocument. 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, 19961998, 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 would be reasonably likely to 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 30December 31, 1996, no change in the business, assets, Liabilities, condition (financial conditionor otherwise), results of operations or business prospects of the such Borrower or any Significant Subsidiary thereof has occurred, and no event has occurred or failed to occur, that has had or might 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 such Borrower and the Consolidated its Significant Subsidiaries taken as a whole, whole or (b) any Loan Document or (c) the CollateralDocument. 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 30December 31, 19961999, 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, whole or (b) any Loan Document or (c) the CollateralDocument. 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 30Except for the matters set forth in the Designated Documents, 1996since December 31, 1997, no change in the business, assets, Liabilitiesliabilities, condition (financial conditionor otherwise), results of operations or business prospects of the Borrower or any Subsidiary Company has occurred, and no event has occurred or failed to occur, that has had or might would reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Materially Material Adverse Effect on (a) the Borrower and the Consolidated Subsidiaries taken as a whole, Company or (b) any Loan Document or (c) the CollateralDocument. 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. Since June 30, 19961998, 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 might would be reasonably likely to 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 Restricted 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 30December 31, 19962004, no change in the business, assets, Liabilities, financial condition, results of operations or business prospects financial condition of the Borrower or any Subsidiary has occurred, and no event has occurred or failed to occur, that has had or might could reasonably be expected to have, either alone or in conjunction with all other such changes, events and failures, a Materially Material Adverse Effect on (a) the Borrower and the Consolidated Subsidiaries taken as a whole, (b) any Loan Document or (c) the CollateralEffect. 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, 19962000, 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 might would be reasonably likely to 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 Restricted 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 30December 31, 19962002, 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, whole or (b) any Loan Document or (c) the CollateralDocument. 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 30December 31, 1996, 1996 no change -------------------------- in the business, assets, Liabilities, financial condition, results of operations or business prospects of the Borrower Company or any Subsidiary has occurred, and no event has occurred or failed to occur, that has had or might 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 Company 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.