Common use of No Substantial Damage Clause in Contracts

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;

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Universal Domains Inc), Purchase and Sale Agreement (Universal Domains Inc)

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No Substantial Damage. On From the Effective Date to 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;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Westlink Resources LTD)

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No Substantial Damage. On From the Effective Date to the Closing Date, no substantial physical damage damage, including Environmental Damage shall have occurred to the Assets Assets, which would have a material adverse effect on the aggregate value of the Assets;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Geocan Energy Inc)

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