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 conducted by Seller.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Cd Warehouse Inc), Asset Purchase Agreement (Cd Warehouse Inc), Asset Purchase Agreement (Cd Warehouse 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 which has has, in the sole discretion of Buyer, materially impaired the operation of the Assets or otherwise had a material adverse effect upon the Business conducted by SellerMaterial Adverse Effect.

Appears in 1 contract

Samples: Asset Purchase Agreement (T-3 Energy Services Inc)

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