Common use of No Material Change Clause in Contracts

No Material Change. Since December 31, 2003, there has been no material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 7 contracts

Samples: Placement Agreement (Taylor Capital Group Inc), Placement Agreement (Sterling Financial Corp /Pa/), Placement Agreement (Merchants Bancshares Inc)

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No Material Change. Since December 31, 20032002, there has been no material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, business prospects or results of operations of the Company or its Significant Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 7 contracts

Samples: Placement Agreement (Penn America Group Inc), Placement Agreement (Pxre Group LTD), Placement Agreement (Pxre Group LTD)

No Material Change. Since December 31, 20032006, there has been no material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 5 contracts

Samples: Placement Agreement (Sterling Financial Corp /Pa/), Placement Agreement (Community Bancorp /Vt), Placement Agreement (Community Banks Inc /Pa/)

No Material Change. Since December 31, 20032004, there has been no material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 5 contracts

Samples: Placement Agreement (Cowlitz Bancorporation), Placement Agreement (Community Banks Inc /Pa/), Placement Agreement (Exchange National Bancshares Inc)

No Material Change. Since December 31, 20032005, there has been no material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 4 contracts

Samples: Placement Agreement (Ameris Bancorp), Declaration of Trust (Four Oaks Fincorp Inc), Placement Agreement (National Mercantile Bancorp)

No Material Change. Since December 31, 20032002, there has been no material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 3 contracts

Samples: Placement Agreement (Redwood Empire Bancorp), Placement Agreement (City Savings Financial Corp), Placement Agreement (Stewardship Financial Corp)

No Material Change. Since December 31, 20032001, there has been no material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 2 contracts

Samples: Placement Agreement (Coast Bancorp/Ca), Placement Agreement (Americanwest Bancorporation)

No Material Change. Since December 31, 20032005, there has been no ------------------ material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 2 contracts

Samples: Placement Agreement (First Banks, Inc), Placement Agreement (First Banks, Inc)

No Material Change. Since December 31, 20032006, there has been no ------------------- material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 2 contracts

Samples: Placement Agreement (First Banks, Inc), Placement Agreement (Parke Bancorp, Inc.)

No Material Change. Since Except as previously disclosed to the Placement Agents in writing, since December 31, 20032001, there has been no material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, business prospects or results of operations of the Company or its Significant Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 1 contract

Samples: Placement Agreement (Penn America Group Inc)

No Material Change. Since December 31, 20032002, there has been no -------------------- material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 1 contract

Samples: Placement Agreement (Community Capital Bancshares Inc)

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No Material Change. Since December 31, 20032002, except as disclosed in the Financial Statements, there has been no material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 1 contract

Samples: Placement Agreement (Citizens Banking Corp)

No Material Change. Since December 31, 20032002, there has been no ------------------- material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 1 contract

Samples: Placement Agreement (Florida Banks Inc)

No Material Change. Since December 31, 20032002, there has been no material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not riot arising in the ordinary course of business.

Appears in 1 contract

Samples: Placement Agreement (United Bancshares Inc/Oh)

No Material Change. Since December 31, 20032006, there has been no ------------------ material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 1 contract

Samples: Placement Agreement (First Banks, Inc)

No Material Change. Since December 31, 20032001, there has been no ------------------- material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 1 contract

Samples: Placement Agreement (Florida Banks Inc)

No Material Change. Since December 31, 20032004, there has been no ------------------- material adverse change or development with respect to the condition (financial or otherwise), earnings, affairs, business, prospects or results of operations of the Company or its Subsidiaries on a consolidated basis, whether or not arising in the ordinary course of business.

Appears in 1 contract

Samples: Placement Agreement (First Banks Inc)

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