Common use of No Default or Adverse Change Clause in Contracts

No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition that, with the giving of notice or lapse of time, or both, would constitute a Default or Event of Default, and since the Balance Sheet Date, there shall have been no material adverse change in the Condition of the Company.

Appears in 44 contracts

Samples: Merger Agreement (Powerverde, Inc.), Merger Agreement (WestMountain Alternative Energy Inc), Merger Agreement (WESTMOUNTAIN Co)

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No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition that, with the giving of notice or lapse of time, time or both, would constitute a Default or Event of DefaultDefault and, and since the Balance Sheet Date, there shall have been no material adverse change in the Condition of the Company.

Appears in 3 contracts

Samples: Merger Agreement (Fitness Xpress Software Inc.), Merger Agreement (Fairview Energy Corporation, Inc.), Merger Agreement (Towerstream Corp)

No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition that, with the giving of notice or lapse of time, or both, would constitute a Default or Event of Default, and since the Balance Sheet Date, there shall have been no material adverse change in the Condition of the Company.

Appears in 2 contracts

Samples: Merger Agreement (Flex Resources Co. LTD), Merger Agreement (Wildon Productions Inc)

No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition that, with the giving of notice or lapse of time, or both, would constitute a Default or Event of Default, and since the Balance Sheet Date, there shall have been no material adverse change in the Condition of the CompanyExtreme.

Appears in 1 contract

Samples: Share Exchange Agreement (Falcon Media Services LTD)

No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default on the part of the Company or any event or condition that, with the giving of notice or lapse of time, or both, would constitute a Default or Event of DefaultDefault on the part of the Company, and since the Balance Sheet Date, there shall have been no material adverse change in the Condition of the Company.

Appears in 1 contract

Samples: Merger Agreement (Lighten Up Enterprises International Inc)

No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition that, with the giving of notice or lapse of time, or both, would constitute a Default or Event of DefaultDefault (each as defined in Article10 hereof) and, and since the Balance Sheet Date, there shall have been no material adverse change in the Condition of the CompanyCompanies.

Appears in 1 contract

Samples: Share Exchange Agreement (RTG Ventures Inc)

No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition that, with the giving of notice or lapse of time, or both, would constitute a Default or Event of Default, and since the Balance Sheet Date, there shall have been no material adverse change Material Adverse Change in the Condition of the Company.

Appears in 1 contract

Samples: Merger Agreement (Xedar Corp)

No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition that, with the giving of notice or lapse of time, or both, would constitute a Default or Event of Default, and and, since the Balance Sheet DateJune 30, 2016, there shall have been no material adverse change in the Condition of the CompanyCompany and the Company shall have operated its business in the ordinary course, consistent with past practices.

Appears in 1 contract

Samples: Merger Agreement (AMERI Holdings, Inc.)

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No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition that, with the giving of notice or lapse of time, or both, would constitute a Default or Event of DefaultDefault (each as defined in Article 10 hereof) and, and since the Balance Sheet Date, there shall have been no material adverse change in the Condition of the CompanyCompanies.

Appears in 1 contract

Samples: Share Exchange Agreement (RTG Ventures Inc)

No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition thatcondition, that with the giving of notice or lapse of time, or both, would constitute a Default or of Event of Default, and since the Company Balance Sheet Date, there shall have been no material adverse change in the Condition of the Company.

Appears in 1 contract

Samples: Merger Agreement (Agronix Inc)

No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition that, with the giving of notice or lapse of time, or both, would constitute a Default or Event of Default, and since the Balance Sheet Date, there shall have been no material adverse change in the Condition of the Company.Parent and Acquisition Corp.

Appears in 1 contract

Samples: Merger Agreement (Agronix Inc)

No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition that, with the giving of notice or lapse of time, or both, would constitute a Default or Event of Default, and since the Company Balance Sheet Date, there shall have been no material adverse change in the Condition of the Company.

Appears in 1 contract

Samples: Merger Agreement (Wireless Holdings Inc)

No Default or Adverse Change. There shall not exist on the Closing Date any Default or Event of Default or any event or condition that, with the giving of notice or lapse of time, or both, would constitute a Default or Event of Default, and since the Balance Sheet Date, Date there shall have been no material adverse change in the Condition of the CompanyNeighborhoodFind.

Appears in 1 contract

Samples: Merger Agreement (Monsterdaata Com Inc)

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