Common use of No Adverse Developments Clause in Contracts

No Adverse Developments. Since the date of the Seller's Balance Sheet, there has not been: 3.8.1 any material adverse changes in the assets, properties, operations, financial condition or prospects of the Seller; 3.8.2 any damage, destruction or loss, whether covered by insurance or not, having a material adverse effect on the business, operations, financial condition or prospects of the Seller; 3.8.3 any entry into or termination of any material commitment, contract, agreement or transaction affecting the Seller, including, without limitation, any material borrowing or capital expenditure or sale or other disposition of any material asset or assets, other than this Agreement and agreements executed in the ordinary and usual course of business; 3.8.4 any transfer of or right granted under any material lease, license, agreement, patent, trademark, trade name or copyright; 3.8.5 default or breach by the Seller in any material respect under any contract, leases, real estate, or construction of buildings.; 3.8.6 any event other than in the ordinary and usual course of business which could be reasonably expected to have a material adverse effect upon the business of the Seller, and after reasonable inquiry by the Shareholder and the Seller, they know of no development or threatened development of a nature that is, or which could be reasonably expected to have a materially adverse effect upon the business of the Seller or upon any of their assets, properties, operations or financial conditions.

No Adverse Developments. Since the date of the Seller's Balance Sheet, there has not been: 3.8.1 any material adverse changes in the assets, properties, operations, financial condition or prospects of the Seller; 3.8.2 any damage, destruction or loss, whether covered by insurance or not, having a material adverse effect on the business, operations, financial condition or prospects of the Seller; 3.8.3 any entry into or termination of any material commitment, contract, agreement or transaction affecting the Seller, including, without limitation, any material borrowing or capital expenditure or sale or other disposition of any material asset or assets, other than this Agreement and agreements executed in the ordinary and usual course of business; 3.8.4 any transfer of or right granted under any material lease, license, agreement, patent, trademark, trade name or copyright; 3.8.5 default or breach by the Seller in any material respect under any contract, leases, real estate, contract or construction of buildings.permit; 3.8.6 any event other than in the ordinary and usual course of business which could be reasonably expected to have a material adverse effect upon the business of the Seller, and after reasonable inquiry by the Shareholder Shareholders and the Seller, they know of no development or threatened development of a nature that is, or which could be reasonably expected to have a materially adverse effect upon the business of the Seller or upon any of their assets, properties, operations or financial conditions.

No Adverse Developments. Since the date of the Seller's Balance Sheet, there has not been:: 3. 3.8.1 8.1 any material adverse changes in the assets, properties, operations, financial condition or prospects of the Seller;; 3. 3.8.2 8.2 any damage, destruction or loss, whether covered by insurance or not, having a material adverse effect on the business, operations, financial condition or prospects of the Seller;; 3. 3.8.3 8.3 any entry into or termination of any material commitment, contract, agreement or transaction affecting the Seller, including, without limitation, any material borrowing or capital expenditure or sale or other disposition of any material asset or assets, other than this Agreement and agreements executed in the ordinary and usual course of business;; 3. 3.8.4 8.4 any transfer of or right granted under any material lease, license, agreement, patent, trademark, trade name or copyright;; 3. 3.8.5 8.5 default or breach by the Seller in any material respect under any contract, leases, real estate, contract or construction of buildingsPermit; 3.; 3.8.6 8.6 any event other than in the ordinary and usual course of business which could be reasonably expected to have a material adverse effect upon the business of the Seller, and after reasonable inquiry by the Shareholder and the Seller, they know of no development or threatened development of a nature that is, or which could be reasonably expected to have a materially adverse effect upon the business of the Seller or upon any of their its assets, properties, operations or financial conditions.