Common use of No Adverse Developments Clause in Contracts

No Adverse Developments. (a) During the period from March 31, 2008, to the Effective Date, (i) there shall not have been any material adverse effect as defined in section 12.5(c) (a "Material Adverse Effect") with respect to UTS.

Appears in 3 contracts

Samples: Share Exchange Agreement (Dynamic Natural Resources Inc.), Share Exchange Agreement (Dynamic Natural Resources Inc.), Share Exchange Agreement (Dynamic Natural Resources Inc.)

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No Adverse Developments. (a) During the period from March 31, 20082006, to the Effective Date, (i) there shall not have been any material adverse effect as defined in section 12.5(c) (a "Material Adverse Effect") with respect to UTSVFCT.

Appears in 1 contract

Samples: Share Exchange Agreement (Quetzal Capital I Inc)

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