Common use of No Material Adverse Economic Event Clause in Contracts

No Material Adverse Economic Event. There shall not have occurred (i) any general suspension of trading in, or limitation on prices for, or other extraordinary event affecting securities on the New York Stock Exchange, (ii) a declaration of a banking moratorium or any suspension of payments in respect of banks in the United States or (iii) any material limitation (whether or not mandatory) by any governmental authority on, or any other event which might affect the extension of credit by, lending institutions, or (iv) in the case of any of the foregoing existing on the Closing Date a material acceleration or worsening thereof.

Appears in 2 contracts

Samples: Master Agreement (Chemgenics Pharmaceuticals Inc), Master Agreement (Millennium Pharmaceuticals Inc)

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No Material Adverse Economic Event. There shall not have ---------------------------------- occurred (i) any general suspension of trading in, or limitation on prices for, or other extraordinary event affecting securities on the New York Stock Exchange, (ii) a declaration of a banking moratorium or any suspension of payments in respect of banks in the United States or (iii) any material limitation (whether or not mandatory) by any governmental authority on, or any other event which might affect the extension of credit by, lending institutions, or (iv) in the case of any of the foregoing existing on the Closing Date a material acceleration or worsening thereof.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Lewis Bret A), Asset Purchase Agreement (Jennings J B)

No Material Adverse Economic Event. There shall not have occurred (i) any general suspension of trading in, or limitation on prices for, or other extraordinary event affecting securities on the New York Stock ExchangeNASDAQ, (ii) a declaration of a banking moratorium or any suspension of payments in respect of banks in the United States or States, (iii) any material limitation (whether or not mandatory) by any governmental authority Governmental Authority on, or any other event which might affect the extension of credit by, lending institutions, institutions generally or (iv) in the case of any of the foregoing existing on the Closing Date Effective Date, a material acceleration or worsening thereof.

Appears in 1 contract

Samples: Transfer and Merger Agreement (Sight Resource Corp)

No Material Adverse Economic Event. There shall not have occurred (i) any general suspension of trading in, or limitation on prices for, or other extraordinary event affecting securities on the New York Stock ExchangeExchange or The Nasdaq National Market, (ii) a declaration of a banking moratorium or any suspension of payments in respect of banks in the United States or States, (iii) any material limitation (whether or not mandatory) by any governmental authority Governmental Authority on, or any other event which might affect the extension of credit by, lending institutions, or (iv) in the case of any of the foregoing existing on the Closing Date date hereof, a material acceleration or worsening thereof.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Phymatrix Corp)

No Material Adverse Economic Event. There shall not have occurred (i) any general suspension of trading in, or limitation on prices for, or other extraordinary event affecting for securities on the New York Stock ExchangeExchange or NASDAQ National Market, (ii) a declaration of a banking moratorium or any suspension of payments in respect of banks in the United States or States, (iii) any material limitation (whether or not mandatory) by any governmental authority on, or any other event which might affect the extension of credit by, on lending institutions, or (iv) in the case of any of the foregoing existing on the Closing Date date hereof, a material acceleration or worsening thereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Agri Nutrition Group LTD)

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No Material Adverse Economic Event. There shall not have occurred (i) any general suspension of trading in, or limitation on prices for, or other extraordinary event affecting securities on the New York Stock ExchangeNASDAQ, (ii) a declaration of a banking moratorium or any suspension of payments in respect of banks in the United States or States, (iii) any material limitation (whether or not mandatory) by any governmental authority on, or any other event which might affect the extension of credit by, lending institutions, institutions generally or (iv) in the case of any of the foregoing existing on the Closing Date date of execution hereof, a material acceleration or worsening thereof.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sight Resource Corp)

No Material Adverse Economic Event. There shall not have ---------------------------------- occurred (ia) any general suspension of trading in, or limitation on prices for, or other extraordinary event affecting securities on the New York Stock ExchangeNASDAQ, (iib) a declaration of a banking moratorium or any suspension of payments in respect of banks in the United States or (iiic) any material limitation (whether or not mandatory) by any governmental authority on, or any other event which might affect the extension of credit by, lending institutions, or (ivd) in the case of any of the foregoing existing on the Closing Date a material acceleration or worsening thereof.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Sight Resource Corp)

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