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: Agreement and Plan of Merger (Powerverde, Inc.), Agreement of Merger And (WestMountain Alternative Energy Inc), Agreement of Merger And (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: Agreement of Merger And (Fitness Xpress Software Inc.), Agreement of Merger and Plan (Towerstream Corp), Agreement of Merger and Plan (Fairview Energy Corporation, 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.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Flex Resources Co. LTD), Agreement of Merger and Plan (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 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: Agreement of Merger And (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 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 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: 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 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: Agreement and Plan of Merger (Monsterdaata Com 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: Agreement of Merger and Plan of Reorganization (Wireless 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 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: Agreement and Plan of Merger (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 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 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: Agreement of Merger And (AMERI 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 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 in the Condition of the Company.Parent and Acquisition Corp.

Appears in 1 contract

Samples: Agreement of Merger And (Agronix Inc)

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