Common use of No Casualty Losses Clause in Contracts

No Casualty Losses. The Assets shall not have suffered any destruction or damage by fire, explosion or other casualty or any taking by eminent domain, which has materially impaired the operation of the Assets or otherwise had a material adverse effect upon the Business.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Fullnet Communications Inc), Asset Purchase Agreement (Fullnet Communications Inc)

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No Casualty Losses. The Assets shall not have suffered any destruction or damage by fire, explosion or other casualty or any taking by eminent domain, domain which has materially impaired the operation of the Assets or otherwise had a material adverse effect upon the BusinessMaterial Adverse Effect.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Daisytek International Corporation /De/), Asset Purchase Agreement (Ct Holdings Inc)

No Casualty Losses. The Assets shall not have suffered any ------------------ destruction or damage by fire, explosion or other casualty or any taking by eminent domain, domain which has materially impaired the operation of the Assets or otherwise had a material adverse effect upon the BusinessPartnership Business conducted by Sellers.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cd Warehouse Inc)

No Casualty Losses. The Assets shall not have suffered any destruction or damage by fire, explosion explosion, crash or other casualty or any taking by eminent domain, which has materially impaired the operation of the Assets or otherwise had a material adverse effect upon the BusinessMaterial Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Petroleum Helicopters Inc)

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No Casualty Losses. The Assets shall not have suffered any ------------------ destruction or damage by fire, explosion or other casualty or any taking by eminent domain, domain which has materially impaired the operation of the Assets or otherwise had a material adverse effect upon the BusinessMaterial Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (Halter Marine Group Inc)

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