No Material Adverse Developments. Since the Interim Balance Sheet Date, there has been no actual or threatened change in the Business or, to the best of the Company's and the Seller's knowledge, any event, condition or state of facts, in either case that is or might be material and adverse to the Company or the Assets.
No Material Adverse Developments. DynTek knows of no developments regarding its business or prospects that individually or taken together would have a material adverse impact on the business, financial standing or affairs of DynTek, except as described and disclosed in DynTek's past filings with the Securities Exchange Commission or as disclosed to DynCorp in writing prior to the execution of this Agreement. As of the date of this Agreement, there are no uncured Events of Default under the Foothill loan agreement.
No Material Adverse Developments. Except as disclosed in the Prospectus (exclusive of any amendments or supplements thereto subsequent to the date of this Agreement), (A) neither the Company nor any of its subsidiaries shall have sustained since the date of the latest audited financial statements incorporated by reference in the Prospectus any loss or interference with its business from fire, explosion, flood or other calamity, whether or not covered by insurance, or from any labor dispute or court or governmental action, order or decree and (B) since such date there shall not have been any change or any development reasonably likely result in a change, in or affecting the business, general affairs, management, condition (financial or otherwise), stockholders' equity or results of operations of the Company and its subsidiaries, the effect of which, in any such case described in clause (A) or (B), is, in the judgment of Xxxxxx Brothers Inc., so material (with respect to the Company and its subsidiaries taken as a whole) and adverse as to make it impracticable or inadvisable to proceed with the public offering or the delivery of the Corporate PIES being delivered on the applicable Delivery Date on the terms and in the manner contemplated in the Prospectus and this Agreement.
No Material Adverse Developments. Since the Latest Year-End Balance Sheet Date, there has been no actual or, to the best of the Company's knowledge, threatened change in the Business or any event, condition or state of facts, in either case that is or reasonably could be expected to be material and adverse to the Company or the Assets.
No Material Adverse Developments. There will have been no material adverse developments in the Company's business or prospects and absence of default in any material obligation of the Company since the date of the signing of this Agreement.
No Material Adverse Developments. Since the date of the Valesc Interim Balance Sheet, there has been no actual or threatened change in the Buyer's business or its prospects or, to the best of the Buyer's knowledge, any event, condition or state of facts, in either case that is or might be material and adverse to the Buyer, its business or its prospects.
No Material Adverse Developments. No material adverse change in the assets, liabilities, condition (financial or otherwise), operations, cash flows, business or prospects of Seller shall have occurred, no other event shall have occurred which could be reasonably expected to have a Material Adverse Effect, and no development shall have occurred, and there shall have been no threatened development, of a nature which could be reasonably expected to have a Material Adverse Effect.
No Material Adverse Developments. Since the date of the financial information furnished by Buyer, there has been no actual or threatened change in the financial condition of the Company or, to the best of the Company's and each RECOR's knowledge, any event, condition or state of facts, in either case that is or might be material and adverse to the Company or the Assets.
No Material Adverse Developments. Since March 25, 1997, (a) there has been no damage or destruction of any of the Assets, the Business, or the Company by fire or other casualty, whether or not covered by insurance, and (b) there has not been any material adverse change in the Company or the Business, and no event has occurred or circumstances exist that will likely result in such a material adverse change.
No Material Adverse Developments. Other than the retirement of the Shareholder's financial obligations to the Company, since the Interim Balance Sheet Date, there has been no actual or threatened change in the Business or, to the best of the Company's Knowledge, any event, condition or state of facts, that is or might be material and adverse to the Company, the Business or the Assets.
