CRIC Material Adverse Effect definition

CRIC Material Adverse Effect means any circumstance, change in or effect on the CRIC Companies or the CRIC Business that, individually or in the aggregate with all other circumstances, changes in or effects on the CRIC Companies or the CRIC Business: (a) is or is reasonably likely to be materially adverse to the business, operations, assets or liabilities (including contingent liabilities), employee relationships, customer or supplier relationships, results of operations or the condition (financial or otherwise) of the CRIC Companies or the CRIC Business or (b) is reasonably likely to materially and adversely affect the ability of the CRIC Companies to operate or conduct the CRIC Business in the manner in which it is currently or contemplated to be operated or conducted by the CRIC Companies; provided, however, that none of the following, either alone or in combination, shall be considered in determining whether there has been a breach of a representation, warranty, covenant or agreement that is qualified by the term “CRIC Material Adverse Effect”: (i) events, circumstances, changes or effects that generally affect the industries in which the CRIC Companies operate (including legal and regulatory changes), (ii) general economic conditions or events, circumstances, changes or effects affecting the securities markets generally, or (iii) changes arising from the consummation of the transactions or the announcement of the execution of this Agreement; provided, that, with respect to clauses (i) and (ii), any such circumstance, change or effect shall be included to the extent such circumstance, change or effect has a materially disproportionate effect on the CRIC Companies or the CRIC Business as compared to other industry participants.
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CRIC Material Adverse Effect. (i) events, circumstances, changes or effects that generally affect the industries in which the CRIC Companies operate (including legal and regulatory changes), (ii) general economic conditions or events, circumstances, changes or effects affecting the securities markets generally, or (iii) changes arising from the consummation of the transactions or the announcement of the execution of this Agreement; provided, that, with respect to clauses (i) and (ii), any such circumstance, change or effect shall be included to the extent such circumstance, change or effect has a materially disproportionate effect on the CRIC Companies or the CRIC Business as compared to other industry participants.
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Examples of CRIC Material Adverse Effect in a sentence

  • Except as would not have a CRIC Material Adverse Effect, CRIC does not and has not and the operation of the CRIC Business and the use of the CRIC Intellectual Property and CRIC Products in connection therewith do not, and have not in the last two (2) years, infringed, misappropriated or otherwise violated or conflicted with the Intellectual Property rights of any other Person.

  • Except as would not have a CRIC Material Adverse Effect, no Public Software has been used by the CRIC Companies in connection with any CRIC Software or CRIC Product in a manner that requires the licensing, disclosure or distribution of any source code (other than source code that is a part of such Public Software) or limits the receipt of consideration in connection with the licensing or distribution of such CRIC Software or CRIC Product.