Common use of No Adverse Events Clause in Contracts

No Adverse Events. Except as set forth on Schedule I of the Target Disclosure Statement, since the date of the Target Financial Statements: (i) there has not been any material adverse change in the consolidated financial position or condition of the Target, its liabilities or the Target Assets or any damage, loss or other change in circumstances materially affecting the Target, the Target Business or the Target Assets or the Target’s right to carry on the Target Business, other than changes in the ordinary course of business, (ii) there has not been any damage, destruction, loss or other event (whether or not covered by insurance) materially and adversely affecting the Target, the Target Business or the Target Assets, (iii) there has not been any material increase in the compensation payable or to become payable by the Target to any of the Target’s officers, employees or agents or any bonus, payment or arrangement made to or with any of them, (iv) the Target Business has been and continues to be carried on in the ordinary course, (v) the Target has not waived or surrendered any right of material value, (vi) the Target has not discharged or satisfied or paid any lien or encumbrance or obligation or liability other than current liabilities in the ordinary course of business, and (vii) no capital expenditures in excess of $10,000 individually or $50,000 in total have been authorized or made;

No Adverse Events. Except as set forth on Schedule I of the Target Disclosure Statement, since Since the date of the Target Clickable Financial Statements: (i) there has not been any material adverse change in the consolidated financial position or condition of the TargetClickable, its liabilities or the Target Clickable Assets or any damage, loss or other change in circumstances materially affecting the TargetClickable, the Target Clickable Business or the Target Clickable Assets or the Target’s Clickable's right to carry on the Target Clickable Business, other than changes in the ordinary course of business, (ii) there has not been any damage, destruction, loss or other event (whether or not covered by insurance) materially and adversely affecting the TargetClickable, the Target Clickable Business or the Target Clickable Assets, (iii) there has not been any material increase in the compensation payable or to become payable by Clickable to the Target Clickable Shareholders or to any of the Target’s Clickable's officers, employees or agents or any bonus, payment or arrangement made to or with any of them, (iv) the Target Clickable Business has been and continues to be carried on in the ordinary course, (v) the Target Clickable has not waived or surrendered any right of material value, (vi) the Target Clickable has not discharged or satisfied or paid any lien or encumbrance or obligation or liability other than current liabilities in the ordinary course of business, and (vii) no capital expenditures in excess of $10,000 individually or $50,000 30,000 in total have been authorized or made;

No Adverse Events. Except as set forth on Schedule I of the Target Disclosure Statement, since Since the date of the Target ISDERA Financial Statements: (i) there has not been any material adverse change in the consolidated financial position or condition of the TargetISDERA, its liabilities or the Target ISDERA Assets or any damage, loss or other change in circumstances materially affecting the TargetISDERA, the Target ISDERA Business or the Target ISDERA Assets or the TargetISDERA’s right to carry on the Target ISDERA Business, other than changes in the ordinary course of business, (ii) there has not been any damage, destruction, loss or other event (whether or not covered by insurance) materially and adversely affecting the TargetISDERA, the Target ISDERA Business or the Target ISDERA Assets, (iii) there has not been any material increase in the compensation payable or to become payable by the Target ISDERA to any of the TargetISDERA’s officers, employees or agents or any bonus, payment or arrangement made to or with any of them, (iv) the Target ISDERA Business has been and continues to be carried on in the ordinary course, (v) the Target ISDERA has not waived or surrendered any right of material value, (vi) the Target ISDERA has not discharged or satisfied or paid any lien or encumbrance or obligation or liability other than current liabilities in the ordinary course of business, and (vii) no capital expenditures in excess of $10,000 250 individually or $50,000 500 in total have been authorized or made;.

No Adverse Events. Except as set forth on Schedule I of the Target Disclosure Statement, since Since the date of the Target ProVision Financial Statements: (i) there has not been any material adverse change in the consolidated financial position or condition of the TargetProVision, its liabilities or the Target ProVision Assets or any damage, loss or other change in circumstances materially affecting the TargetProVision, the Target ProVision Business or the Target ProVision Assets or the TargetProVision’s right to carry on the Target ProVision Business, other than changes in the ordinary course of business, (ii) there has not been any damage, destruction, loss or other event (whether or not covered by insurance) materially and adversely affecting the TargetProVision, the Target ProVision Business or the Target ProVision Assets, (iii) there has not been any material increase in the compensation payable or to become payable by ProVision to the Target ProVision Shareholder or to any of the Target’s ProVision's officers, employees or agents or any bonus, payment or arrangement made to or with any of them, (iv) the Target ProVision Business has been and continues to be carried on in the ordinary course, (v) the Target ProVision has not waived or surrendered any right of material value, (vi) the Target ProVision has not discharged or satisfied or paid any lien or encumbrance or obligation or liability other than current liabilities in the ordinary course of business, and (vii) no capital expenditures in excess of $10,000 individually or $50,000 30,000 in total have been authorized or made;, except with respect to the procurement of raw materials, tooling, prototypes, and operating expenditures and purchases for the purpose of building kiosks to support Provision’s business plans as a media based company in the grocery industry, which purchases later may be capitalized; ProVision - Income Tax Matters

No Adverse Events. Except as set forth on Schedule I of the Target Disclosure Statementdisclosed in a Commission Report and since September 30, since the date of the Target Financial Statements: 2015, (i) there has not been any material adverse change in the consolidated properties, results of operations, financial position or condition (financial or otherwise) of the TargetEXOL, its assets or liabilities or the Target Assets or any damage, loss or other change in circumstances materially affecting the TargetEXOL, the Target EXOL Business or the Target Assets or the TargetEXOL’s right to carry on the Target EXOL Business, other than non-material changes in the ordinary course of business, business or as contemplated pursuant to this Agreement, (ii) there has not been any damage, destruction, loss or other event (whether or not covered by insurance) materially and adversely affecting the TargetEXOL, the Target Business or the Target Assets, EXOL Business, (iii) there has not been any material increase in the compensation payable or to become payable by the Target EXOL to any of the TargetEXOL’s officers, employees or agents or any bonus, payment or arrangement made to or with any of them, , (iv) the Target EXOL Business has been and continues to be carried on in the ordinary course, , (v) the Target EXOL has not waived or surrendered any right of material value, , (vi) the Target EXOL has not discharged or discharged, satisfied or paid any lien or encumbrance or obligation or liability other than current liabilities in the ordinary course of business, and ; and (vii) no capital expenditures in excess of Five Thousand Dollars ($10,000 individually or $50,000 in total 5,000) have been authorized or made;made by EXOL.