No Changes or Restricted Payments. Since the date of the most recent annual audited financial statements referenced in Section 6.1(a):
(a) for the period to the Closing Date, except as previously disclosed in writing to the Administrative Agent and the Lenders, (i) there have been no material sales, transfers or other dispositions of any material part of the business or property of the members of the Consolidated Group, nor have there been any material purchases or other acquisitions of any business or property (including the Capital Stock of any other person) by the members of the Consolidated Group, which are not reflected in the annual audited or company-prepared quarterly financial statements referenced in Section 6.1(a) and (b) hereof, and (ii) no Restricted Payments have been declared or paid by members of the Consolidated Group; and
(b) there has been no circumstance, development or event relating to or affecting the members of the Consolidated Group which has had or could reasonably be expected to have a Material Adverse Effect.
No Changes or Restricted Payments. Since the date of the audited financial statements referenced in Section 6.1(i), (a) there has been no circumstance, development or event relating to or affecting the members of the Consolidated Group which has had or would be reasonably expected to have a Material Adverse Effect, and (b) except as permitted herein, no Restricted Payments have been made or declared or are contemplated by any members of the Consolidated Group.
No Changes or Restricted Payments. Since February 3, 2002, (a) there has been no circumstance, development or event relating to or affecting the members of the Consolidated Group which has had or would be reasonably expected to have a Material Adverse Effect, and (b) except as set forth on Schedule 6.2 or as permitted herein, no Restricted Payments have been made or declared or are contemplated by any members of the Consolidated Group.
No Changes or Restricted Payments. Since the date of the audited financial statements referenced in Section 6.1, (a) there has been no circumstance, development or event relating to or affecting the Borrower or any of its Subsidiaries which has had or would be reasonably expected to have a Material Adverse Effect, and (b) except as permitted herein, no Restricted Payments have been made or declared or are contemplated by the Borrower or any of its Subsidiaries.
No Changes or Restricted Payments. Since December 31, 2000, (a) except as set forth on Schedule 4.02 and other than the commencement of the Bankruptcy Cases, there has been no circumstance, development or event relating to or affecting the members of the Transit Group which has had or would be reasonably expected to have a Material Adverse Effect, and (b) except as permitted herein, no Restricted Payments have been made or declared by any Credit Party.
No Changes or Restricted Payments. Since December 31, 2000, (a) except as set forth on Schedule 6.2 and other than the commencement of the Bankruptcy Cases, there has been no circumstance, development or event relating to or affecting the members of the TP&S Group which has had or would be reasonably expected to have a Material Adverse Effect, and (b) except as permitted herein, no Restricted Payments have been made or declared by any member of the TP&S Group.
No Changes or Restricted Payments. Since the date of the audited financial statements referenced in Section 6.1, (a) there has been no circumstance, development or event relating to or affecting the Borrower or any of its Subsidiaries which has had or would be reasonably expected to have a Material Adverse Effect, and (b) except as permitted herein or as identified on Schedule 6.2, (i) no dividends or other distributions have been declared, paid or made upon the capital stock or other equity interest in a Credit Party, (ii) no capital stock or other equity interest in a Credit Party has been redeemed, retired, purchased or otherwise acquired and (iii) nor has there been any prepayment, redemption, defeasance or acquisition for value, or refund, refinance or exchange of any Funded Debt.
No Changes or Restricted Payments. Since June 30, 1997, there has not occurred a change in the business, assets, operations, condition (financial or otherwise) or prospects of the Consolidated Group taken as a whole which is reasonably likely to have a Material Adverse Effect.
No Changes or Restricted Payments. Since July 31, 1999,
(i) for the period to the Closing Date, except as previously disclosed in writing to the Administrative Agent and the Lenders, (A) there have been no material sales, transfers or other dispositions of any material part of the business or property of the members of the Consolidated Group (except for sales of inventory in the ordinary course of business), nor have there been any material purchases or other acquisitions of any business or property (including the Capital Stock of any other person) by the members of the Consolidated Group, which are not reflected in the annual audited or company-prepared quarterly financial statements referenced in Section 6.1(i) and (ii) hereof, and
No Changes or Restricted Payments. Since December 31, 2001:
(i) for the period to the Closing Date, except as previously disclosed in writing to the Administrative Agent and the Banks, there have been no material sales, transfers or other dispositions of any material part of the business or Property of any member of the Consolidated Group, nor have there been any material purchases or other acquisitions of any business or Property (including the Capital Stock of any other Person) by any member of the Consolidated Group, in each case which are not reflected in the annual audited financial statements referenced in Section 6.7(i); and
(ii) there have been no circumstances, developments or events relating to or affecting any member of the Consolidated Group which could reasonably be expected to have a Material Adverse Effect.
