No Material Adverse Development Clause Samples
No Material Adverse Development. No material adverse development shall have occurred with respect to the Business that results in a significant impairment to the ability of Buyer to operate the Business as it is currently operated or represents a substantial impairment of the aggregate value of the Business or Assets being conveyed.
No Material Adverse Development. No material adverse development shall have occurred with respect to the Stations that results in a significant impairment to the ability of the Stations to operate as they are currently operated or represents a substantial impairment of the aggregate value of the Stations or Assets being conveyed, provided, however, a decline in economic conditions generally shall not constitute a substantial impairment of the aggregate value of the Stations or Assets being conveyed.
No Material Adverse Development. There will not have occurred and be continuing a Material Adverse Effect on Buyer.
No Material Adverse Development. No material adverse development shall have occurred with respect to the Station that results in a significant impairment to the ability of the Station to operate as it is currently operated or represents a substantial impairment of the aggregate value of the Station or Assets being conveyed.