Absence of Certain Changes, Events or Liabilities Sample Clauses

Absence of Certain Changes, Events or Liabilities. Except as set forth on Schedule 3.4(a), since May 31, 2000, and restated again through the Closing Date, the Company has not: issued, sold, purchased or redeemed any stock, bonds, debentures, notes or other corporate securities, or issued, sold or granted any option, warrant or right to acquire any thereof; waived or released any debts, claims or rights of value or suffered any extraordinary loss or written down the value of any inventories or other assets or written down or off any receivable in excess of the amounts reflected in the Interim Financial Statements; except as reflected in the Interim Financial Statements, made any capital expenditures or capital commitments in excess of $20,000 for any single transaction or any series of related transactions or in excess of $50,000 in the aggregate; made any change in the business or operations or the manner of conducting business or operations of the Company, other than changes in the ordinary course of business, none of which has, and which in the aggregate have not had, a Material Adverse Effect; terminated, placed on probation, disciplined, or warned any officer or supervisory employee of the Company; experienced any resignations of, or had any disputes involving the employment or agency relationship with any of, the employees or agents of the Company which could have a Material Adverse Effect; suffered any casualty, damage, destruction or loss to any of its assets or properties in excess of $25,000 for any one event or in excess of $100,000 in the aggregate; declared, set aside or paid any dividends or distributions in respect of the Shares (except as reflected on the Interim Financial Statements); paid or obligated itself to pay any bonuses or extraordinary compensation to, or made any increase (except increases in the ordinary course of business) in the compensation payable (or to become payable by it) to, any of its directors, officers, employees, agents or other representatives of the Company (except as reflected on the Interim Financial Statements); terminated or amended or suffered the termination or amendment of any contract, lease, agreement, license or other instrument to which it is or was a party which could have a Material Adverse Effect; adopted, modified or amended any plan or agreement so as to increase the benefits due the employees of the Company under any such plan or agreement; made any loan or advance to any person (except normal travel or other reasonable expense advances to its off...