Common use of No Material Adverse Condition Clause in Contracts

No Material Adverse Condition. There shall not have been a material adverse condition with respect to the Company as of the date of the Closing. For purposes of this Section, a "material adverse condition" is a condition which either alone or when aggregated with other conditions has resulted or, in the reasonable opinion of the Purchaser, would result in a substantial loss or damage to the properties or assets of the Company whether or not insured, that would materially affect or impair the ability of the Company to conduct its business as presently conducted.

No Material Adverse Condition. There shall not have been a material adverse condition with respect to the Company as of Purchaser from the date of this Agreement to the Closing. For purposes of this Section, a "material adverse condition" is a condition which either alone or when aggregated with other conditions has resulted or, in the reasonable opinion of the PurchaserCompany, would result in a substantial loss or damage to the properties or assets of the Company Purchaser taken as a whole, whether or not insured, that would materially affect or impair the ability of the Company Purchaser to conduct its their business as presently conducted.