Common use of Recent Events Clause in Contracts

Recent Events. Except as disclosed in the Securities Purchase Agreement, since the Closing Date, there has not been any material adverse change or any material adverse development in the business, properties, operations, financial condition, prospects, outstanding securities or results or operations of the Company and no event has occurred and no circumstances exist that may result in such material adverse change. The Company has not engaged in any practice, taken any action, or entered into any transaction outside its ordinary course of business.

Appears in 4 contracts

Samples: Preferred Stock Purchase Agreement (Health Systems Solutions Inc), Preferred Stock Purchase Agreement (Health Systems Solutions Inc), Preferred Stock Purchase Agreement (Datrek Miller International, Inc.)

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Recent Events. Except as disclosed in the Securities Purchase Agreement, since the First Closing Date, there has not been any material adverse change or any material adverse development in the business, properties, operations, financial condition, prospects, outstanding securities or results or operations of the Company and no event has occurred and no circumstances exist that may result in such material adverse change. The Company has not engaged in any practice, taken any action, or entered into any transaction outside its ordinary course of business.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Elandia International Inc.)

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