No Default; Material Adverse Change Sample Clauses

No Default; Material Adverse Change. No Event of Default, Unmatured Event of Default or Material Adverse Change shall have occurred and be continuing.
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No Default; Material Adverse Change. No Default ----------------------------------- or Event of Default has occurred and is continuing. Except as set forth in Schedule 4.05 hereto, no event has occurred since September 30, 1994 that, ------------- individually or when taken together with any other event(s), has had or could reasonably be expected to have a Material Adverse Effect.
Sample 1
No Default; Material Adverse Change. No Default has occurred and is continuing. Since the Closing Date, no event or circumstance that would cause a Material Adverse Change has occurred and is continuing.
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No Default; Material Adverse Change. Neither the Company nor ---------------------------------- any of its subsidiaries shall be in default under any of its material agreements, including without limitation, the Notes, and there shall have been no material adverse change on the financial condition, operating results, assets, operations or business prospects of the Company and its Subsidiaries taken as a whole.
Sample 1
No Default; Material Adverse Change. 45- SECTION 4.06. Litigation; Compliance with Laws; Etc. .................. -45- SECTION 4.07. Financial Statements .................................... -45- SECTION 4.08. Federal Reserve Regulations ............................. -46- SECTION 4.09. Taxes ................................................... -47- SECTION 4.10. Employee Benefit Plans .................................. -47- SECTION 4.11. No Material Misstatements ............................... -49- SECTION 4.12. Investment Company Act; Public Utility Holding Company Act ........................................... -49- SECTION 4.13. Use of Proceeds ......................................... -49- SECTION 4.14. Subsidiaries and Affiliates ............................. -50- SECTION 4.15. Tide to Properties; Possession Under Leases; Trademarks . -50- SECTION 4.16. Permits, Etc. ........................................... -51- SECTION 4.17. Compliance with Environmental Laws ...................... -51- SECTION 4.18. No Change in Credit Criteria or Collection Policies ..... -52- SECTION 4.19. Franchise Agreements .................................... -52- SECTION 4.20. Financing Agreements .................................... -52- SECTION 4.21. No Overdue Obligations .................................. -52- V. CONDITIONS OF CREDIT EVENTS ........................................ -53- SECTION 5.01. All Credit Events ....................................... -53- SECTION 5.02. First Borrowing ......................................... -53- SECTION 5.03. Puerto Rican Securities Borrowing ....................... -56- VI. AFFIRMATIVE COVENANTS .............................................. -56- (ii)
Sample 1

Related to No Default; Material Adverse Change

  • Material Adverse Change A Material Adverse Change occurs;

  • Material Adverse Changes Except as disclosed in the Prospectus and the Time of Sale Information, (a) in the judgment of the Agent there shall not have occurred any Material Adverse Change; and (b) there shall not have occurred any downgrading, nor shall any notice have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded any securities of the Company or any of its subsidiaries by any “nationally recognized statistical rating organization” as such term is defined for purposes of Section 3(a)(62) of the Exchange Act.

  • No Material Adverse Change No event or condition of a type described in Section 3(h) hereof shall have occurred or shall exist, which event or condition is not described in the Pricing Disclosure Package (excluding any amendment or supplement thereto) and the Prospectus (excluding any amendment or supplement thereto) and the effect of which in the judgment of the Representatives makes it impracticable or inadvisable to proceed with the offering, sale or delivery of the Shares on the Closing Date or the Additional Closing Date, as the case may be, on the terms and in the manner contemplated by this Agreement, the Pricing Disclosure Package and the Prospectus.

  • No Material Adverse Changes Since the respective dates as of which information is given in the Registration Statement and the Prospectus, except as set forth in the Registration Statement, the General Disclosure Package and the Prospectus (i) there shall not have been a Material Adverse Change, (ii) the Company shall not have incurred any material liabilities or obligations, direct or contingent, (iii) the Company shall not have entered into any material transactions not in the ordinary course of business other than pursuant to this Agreement and the transactions referred to herein, (iv) the Company shall not have issued any securities (other than the Securities or the Shares issued in the ordinary course of business pursuant to existing employee benefit plans of the Company referred to in the Registration Statement, General Disclosure Package and the Prospectus) or declared or paid any dividend or made any distribution in respect of its capital stock of any class or debt (long-term or short-term), and (v) no material amount of the assets of the Company shall have been pledged, mortgaged or otherwise encumbered.

  • No Material Adverse Change in Business Except as otherwise stated therein, since the respective dates as of which information is given in the Registration Statement, the General Disclosure Package or the Prospectus, (A) there has been no material adverse change in the condition, financial or otherwise, or in the earnings, business affairs or business prospects of the Company and its subsidiaries considered as one enterprise, whether or not arising in the ordinary course of business (a “Material Adverse Effect”), (B) there have been no transactions entered into by the Company or any of its subsidiaries, other than those in the ordinary course of business, which are material with respect to the Company and its subsidiaries considered as one enterprise, and (C) there has been no dividend or distribution of any kind declared, paid or made by the Company on any class of its capital stock.

  • Financial Condition; No Material Adverse Change (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 2013 reported on by Ernst & Young, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30, 2014, certified by its chief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above.

  • No Material Adverse Change or Ratings Agency Change For the period from and after the date of this Agreement and prior to the Closing Date:

  • Absence of Material Adverse Change On the Closing Date, no circumstance shall exist that constitutes a REIT II Material Adverse Effect.

  • Material Adverse Effects Except as disclosed in the Prospectus and the Time of Sale Information, (a) in the judgment of the Agent there shall not have occurred any Material Adverse Effect; and (b) there shall not have occurred any downgrading, nor shall any notice have been given of any intended or potential downgrading or of any review for a possible change that does not indicate the direction of the possible change, in the rating accorded any securities of the Company or any of its subsidiaries by any “nationally recognized statistical rating organization” as such term is defined for purposes of Section 3(a)(62) of the Exchange Act.

  • Notice of Material Adverse Change Promptly inform Lender of (i) any and all material adverse changes in Borrower’s financial condition, and (ii) all claims made against Borrower which could materially affect the financial condition of Borrower.

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