Common use of No Material Adverse Effect in Business Clause in Contracts

No Material Adverse Effect in Business. Except as disclosed in the SEC Reports, and other than effects on the business related primarily to COVID-19, since March 31, 2020 through the date hereof, (a) there has been no Material Adverse Effect, nor any development or event which would result in a Material Adverse Effect, (b) there has been no dividend or distribution of any kind declared, paid or made by the Company on any class of its capital stock and (c) there has been no material adverse change in the capital stock, short-term indebtedness, long-term indebtedness, net current assets or net assets of the Company and its Subsidiaries.

Appears in 4 contracts

Samples: Exchange Agreement (Teligent, Inc.), Exchange Agreement (Teligent, Inc.), Exchange Agreement (Teligent, Inc.)

AutoNDA by SimpleDocs

No Material Adverse Effect in Business. Except as disclosed in the SEC Reports, and other than effects on the business related primarily to COVID-19, since March 31, 2020 through the date hereof, (ai) there has been no Material Adverse Effect, nor any development or event which would result in a Material Adverse Effect, (bii) there has been no dividend or distribution of any kind declared, paid or made by the Company on any class of its capital stock stock, and (ciii) there has been no material adverse change in the capital stock, short-term indebtedness, long-term indebtedness, net current assets or net assets of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Note Purchase Agreement (Teligent, Inc.)

No Material Adverse Effect in Business. Except as disclosed in the Offering Memorandum or the SEC Reports, and other than effects on the business related primarily to COVID-19since June 30, since March 31, 2020 2019 through the date hereof, hereof (ai) there has been no Material Adverse Effect, nor any development or event which would result in a Material Adverse Effect, (bii) there has been no dividend or distribution of any kind declared, paid or made by the Company on any class of its capital stock and (ciii) there has been no material adverse change in the capital stock, short-term indebtedness, long-term indebtedness, net current assets or net assets of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Exchange Agreement (Teligent, Inc.)

AutoNDA by SimpleDocs

No Material Adverse Effect in Business. Except as disclosed in the SEC Reports, and other Other than effects on the business related primarily to COVID-19, since March 31from September 30, 2020 through the date hereof, (a) there has been no Material Adverse Effect, nor any development or event which would result in a Material Adverse Effect, (b) there has been no dividend or distribution of any kind declared, paid or made by the Company on any class of its capital stock and (c) there has been no material adverse change in the capital stock, short-term indebtedness, long-term indebtedness, net current assets or net assets of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Exchange Agreement (Teligent, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!