No Substantial Damage Sample Clauses

No Substantial Damage. There shall have been no physical damage to any of the Assets between the Effective Date and the Closing Date which, in the Purchaser's reasonable opinion would materially and adversely affect the value of the Assets, except and to the extent approved in writing by the Purchaser or to the extent that such damage is covered by insurance and the insurance proceeds are assigned to the Purchaser.
AutoNDA by SimpleDocs
No Substantial Damage. On the Closing Date, no substantial physical damage shall have occurred to the Assets which would have a material adverse effect on the aggregate value of the Assets;
No Substantial Damage there shall have been no damage to or alteration of any of the Assets between the date of this Agreement or the Effective Date, whichever is earlier, and the Closing Time which, in Purchaser's reasonable opinion, would materially and adversely affect the value of the Assets, except as and to the extent approved in writing by Purchaser, and Vendor shall have delivered to Purchaser Vendor's certificate, substantially in the form of Schedule "K" dated as of the Closing Date, that there has been no such damage to or alteration of any of the Assets during such period, provided that a change in the prices at which Petroleum Substances may be sold shall in no event be regarded as material damage to or an alteration of the Assets;
No Substantial Damage. There shall have been no damage to or alteration of any of the Assets between the Effective Time and the Closing Date which, in the Purchaser's reasonable opinion, would materially and adversely affect the value of the Assets, except and to the extent approved in writing by the Purchaser, provided that a change in the prices at which Petroleum Substances may be sold in no event shall be regarded as material damage to or an alteration of the Assets;
No Substantial Damage. No substantial damage by fire or other hazard to the Assets, which in the opinion of Nami is material, shall have occurred prior to the Time of Closing.
No Substantial Damage. The Purchaser shall have been satisfied, acting reasonably that no damage (including environmental damage) to or alteration of any of the Assets shall have occurred between the Effective Date and the Closing Date which, in the Purchaser's reasonable opinion, would materially and adversely affect the value of the Assets;
No Substantial Damage. 15 (k) No Material Adverse Change ............................... 15 (l)
AutoNDA by SimpleDocs
No Substantial Damage. There shall have been no substantial damage by fire or other hazard to the property or assets of the Borrower or the Subsidiaries prior to the Closing Date;
No Substantial Damage. There shall have been no damage to or --------------------- alteration of any of the Assets between the Effective Date and the Closing Date which, in the Purchaser's reasonable opinion, would materially and adversely affect the value of the Assets, except and to the extent approved in writing by the Purchaser. In addition, the Seller shall have delivered to the Purchaser a certificate of a senior officer of the Seller in the form of Schedule "I";
No Substantial Damage. There shall have been no damage to or alteration of any of the Assets between the Effective Date and the Closing Date which, in the Purchaser's reasonable opinion, would materially and adversely affect the value of the Assets, except and to the extent approved in writing by the Purchaser, provided that a change in the prices at which Petroleum Substances may be sold in no event shall be regarded as material damage to or an alteration of the Assets. In addition, the Vendor shall have delivered to the Purchaser a certificate of a senior officer of the Vendor in the form of Schedule "D";
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!