{"component": "clause", "props": {"groups": [{"snippet": "Since November 30, 2013:\n(a) There has not been (i) any material adverse change in the proposed business, operations, properties, assets, or condition of FTA or (ii) any damage, destruction, or loss to FTA (whether or not covered by insurance) materially and adversely affecting the business or financial condition of FTA;\n(b) FTA has not (i) amended its Articles of Incorporation (or similar documents) or Bylaws; (ii) declared or made, or agreed to declare or make, any payment of dividends or distributions of any assets of any kind whatsoever to stockholders or purchased or redeemed, or agreed to purchase or redeem, any of its capital stock; (iii) waived any rights of value which in the aggregate are outside of the ordinary course of business or material considering the business of FTA; (iv) made any material change in its method of management, operation or accounting; (v) entered into any other material transaction other than sales in the ordinary course of its business; (vi) made any accrual or arrangement for payment of bonuses or special compensation of any kind or any severance or termination pay to any present or former officer or employee; (vii) increased the rate of compensation payable or to become payable by it to any of its officers or directors or any of its salaried employees whose monthly compensation exceeds Ten Thousand Dollars ($10,000); or (viii) made any increase in any profit sharing, bonus, deferred compensation, insurance, pension, retirement, or other employee benefit plan, payment, or arrangement made to, for, or with its officers, directors, or employees;\n(c) FTA has not (i) borrowed or agreed to borrow any funds or incurred, or become subject to, any material obligation or liability (absolute or contingent) in excess of $10,000 except liabilities incurred in the ordinary course of business; (ii) paid or agreed to pay any material obligations or liability (absolute or contingent) other than current liabilities, and all current liabilities were incurred in the ordinary course of business and professional and other fees and expenses in connection with the preparation of this Agreement and the consummation of the transactions contemplated hereby; (iii) sold or transferred, or agreed to sell or transfer, any of its assets, properties, or rights (except assets, properties, or rights not used or useful in its business which, in the aggregate have a value of less than Ten Thousand Dollars ($10,000)), or canceled, or agreed to cancel, any debts or claims (except debts or claims which in the aggregate are of a value of less than Ten Thousand Dollars ($10,000)); or (iv) made or permitted any amendment or termination of any contract, agreement, or license to which they are a party if such amendment or termination is relevant to the business of FTA; and\n(d) To the knowledge of the FTA Shareholder, FTA has not become subject to any law or regulation which materially and adversely affects, or in the future may adversely affect, the business, operations, properties, assets, or condition of FTA.", "snippet_links": [{"key": "change-in", "type": "clause", "offset": [73, 82]}, {"key": "proposed-business", "type": "definition", "offset": [87, 104]}, {"key": "condition-of", "type": "clause", "offset": [141, 153]}, {"key": "loss-to", "type": "clause", "offset": [194, 201]}, {"key": "not-covered-by-insurance", "type": "clause", "offset": [218, 242]}, {"key": "adversely-affecting", "type": "definition", "offset": [259, 278]}, {"key": "the-business", "type": "clause", "offset": [279, 291]}, {"key": "financial-condition", "type": "definition", "offset": [295, 314]}, {"key": "articles-of-incorporation", "type": "definition", "offset": [355, 380]}, {"key": "agreed-to", "type": "clause", "offset": [441, 450]}, {"key": "distributions-of", "type": "clause", "offset": [496, 512]}, {"key": "capital-stock", "type": "definition", "offset": [633, 646]}, {"key": "rights-of", "type": "clause", "offset": [665, 674]}, {"key": "in-the-aggregate", "type": "definition", "offset": [687, 703]}, {"key": "material-change", "type": "definition", "offset": [810, 825]}, {"key": "of-management", "type": "clause", "offset": [840, 853]}, {"key": "entered-into", "type": "clause", "offset": [884, 896]}, {"key": "material-transaction", "type": "definition", "offset": [907, 927]}, {"key": "payment-of-bonuses", "type": "clause", "offset": [1026, 1044]}, {"key": "special-compensation", "type": "definition", "offset": [1048, 1068]}, {"key": "pay-to", "type": "definition", "offset": [1113, 1119]}, {"key": "officer-or-employee", "type": "definition", "offset": [1142, 1161]}, {"key": "compensation-payable", "type": "clause", "offset": [1191, 1211]}, {"key": "officers-or-directors", "type": "definition", "offset": [1253, 1274]}, {"key": "salaried-employees", "type": "clause", "offset": [1289, 1307]}, {"key": "monthly-compensation", "type": "clause", "offset": [1314, 1334]}, {"key": "profit-sharing", "type": "definition", "offset": [1410, 1424]}, {"key": "deferred-compensation", "type": "definition", "offset": [1433, 1454]}, {"key": "employee-benefit-plan", "type": "definition", "offset": [1497, 1518]}, {"key": "to-borrow", "type": "clause", "offset": [1644, 1653]}, {"key": "subject-to", "type": "clause", "offset": [1687, 1697]}, {"key": "liabilities-incurred", "type": "clause", "offset": [1789, 1809]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [1810, 1844]}, {"key": "to-pay", "type": "clause", "offset": [1866, 1872]}, {"key": "material-obligations", "type": "definition", "offset": [1877, 1897]}, {"key": "current-liabilities", "type": "definition", "offset": [1947, 1966]}, {"key": "other-fees-and-expenses", "type": "clause", "offset": [2066, 2089]}, {"key": "in-connection-with", "type": "clause", "offset": [2090, 2108]}, {"key": "preparation-of-this-agreement", "type": "clause", "offset": [2113, 2142]}, {"key": "contemplated-hereby", "type": "clause", "offset": [2184, 2203]}, {"key": "to-sell", "type": "clause", "offset": [2242, 2249]}, {"key": "termination-of", "type": "clause", "offset": [2665, 2679]}, {"key": "license-to", "type": "clause", "offset": [2708, 2718]}, {"key": "a-party", "type": "clause", "offset": [2734, 2741]}, {"key": "knowledge-of", "type": "definition", "offset": [2826, 2838]}, {"key": "law-or-regulation", "type": "definition", "offset": [2894, 2911]}, {"key": "adversely-affects", "type": "definition", "offset": [2933, 2950]}, {"key": "the-future", "type": "clause", "offset": [2958, 2968]}], "samples": [{"hash": "cWd4qgg0y8B", "uri": "/contracts/cWd4qgg0y8B#absence-of-certain-changes-or-events", "label": "Stock Purchase Agreement (GO EZ Corp)", "score": 24.8042430878, "published": true}, {"hash": "g0eEAYn9tyI", "uri": "/contracts/g0eEAYn9tyI#absence-of-certain-changes-or-events", "label": "Stock Purchase Agreement (GO EZ Corp)", "score": 24.6536617279, "published": true}, {"hash": "fmYBiuo4HV3", "uri": "/contracts/fmYBiuo4HV3#absence-of-certain-changes-or-events", "label": "Stock Purchase Agreement (GO EZ Corp)", "score": 23.9746742249, "published": true}], "size": 395, "hash": "586779b35ad5f347929d5270c7491af3", "id": 1}, {"snippet": "Except for liabilities incurred in connection with this Agreement or the transactions contemplated hereby, since June 30, 1999, Sprint and its Subsidiaries have conducted their business only in the ordinary course, and there has not been (i) any Material Adverse Change in Sprint, (ii) any declaration, setting aside or payment of any dividend or other distribution (whether in cash, stock or property) with respect to any of Sprint's capital stock, other than regular quarterly cash dividends of $0.125 per share of Sprint FON Stock and a corresponding cash dividend on the Class A Common Stock and dividends payable on Sprint Preferred Stock in accordance with their terms as of the date of this Agreement, (iii) any split, combination or reclassification of any of Sprint's capital stock or any issuance or the authorization of any issuance of any other securities in respect of, in lieu of or in substitution for shares of Sprint's capital stock, (iv) (A) any granting by Sprint or any of its Subsidiaries to any current or former director, executive officer or other key employee of Sprint or its Subsidiaries of any increase in compensation, bonus or other benefits, except for normal increases in the ordinary course of business consistent with past practice or as was required under any employment agreements in effect as of the date of the most recent audited financial statements included in the Sprint Filed SEC Reports, (B) any granting by Sprint or any of its Subsidiaries to any such current or former director, executive officer or key employee of any increase in severance or termination pay or (C) any entry by Sprint or any of its Subsidiaries into, or any amendment of, any employment, deferred compensation, consulting, severance, termination or indemnification agreement with any such current or former director, executive officer or key employee, other than in the ordinary course of business consistent with past practice, (v) except insofar as may be required by a change in U.S. GAAP, any change in accounting methods, principles or practices by Sprint materially affecting its consolidated financial position or consolidated results of operations or (vi) except insofar as MCI WorldCom has given its consent, which consent shall not be unreasonably withheld or delayed, any tax election (or settlement or compromise of any material income tax liability) that is reasonably likely, individually or in the aggregate, to have a Material Adverse Effect on Sprint.", "snippet_links": [{"key": "liabilities-incurred", "type": "clause", "offset": [11, 31]}, {"key": "in-connection-with", "type": "clause", "offset": [32, 50]}, {"key": "agreement-or-the-transactions-contemplated-hereby", "type": "clause", "offset": [56, 105]}, {"key": "material-adverse-change", "type": "definition", "offset": [246, 269]}, {"key": "payment-of", "type": "definition", "offset": [320, 330]}, {"key": "other-distribution", "type": "definition", "offset": [347, 365]}, {"key": "with-respect-to", "type": "clause", "offset": [403, 418]}, {"key": "capital-stock", "type": "definition", "offset": [435, 448]}, {"key": "cash-dividends", "type": "definition", "offset": [479, 493]}, {"key": "fon-stock", "type": "definition", "offset": [524, 533]}, {"key": "stock-and-dividends", "type": "clause", "offset": [590, 609]}, {"key": "preferred-stock", "type": "clause", "offset": [628, 643]}, {"key": "in-accordance-with", "type": "clause", "offset": [644, 662]}, {"key": "date-of-this-agreement", "type": "definition", "offset": [685, 707]}, {"key": "the-authorization", "type": "clause", "offset": [810, 827]}, {"key": "other-securities", "type": "clause", "offset": [851, 867]}, {"key": "in-respect-of", "type": "definition", "offset": [868, 881]}, {"key": "in-lieu-of", "type": "clause", "offset": [883, 893]}, {"key": "shares-of", "type": "clause", "offset": [917, 926]}, {"key": "by-sprint", "type": "clause", "offset": [973, 982]}, {"key": "former-director", "type": "definition", "offset": [1028, 1043]}, {"key": "executive-officer", "type": "definition", "offset": [1045, 1062]}, {"key": "key-employee", "type": "clause", "offset": [1072, 1084]}, {"key": "increase-in-compensation", "type": "clause", "offset": [1122, 1146]}, {"key": "other-benefits", "type": "definition", "offset": [1157, 1171]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [1201, 1235]}, {"key": "consistent-with-past-practice", "type": "clause", "offset": [1236, 1265]}, {"key": "agreements-in-effect", "type": "clause", "offset": [1306, 1326]}, {"key": "most-recent-audited-financial-statements", "type": "definition", "offset": [1349, 1389]}, {"key": "filed-sec-reports", "type": "definition", "offset": [1413, 1430]}, {"key": "termination-pay", "type": "definition", "offset": [1592, 1607]}, {"key": "amendment-of", "type": "definition", "offset": [1675, 1687]}, {"key": "deferred-compensation", "type": "definition", "offset": [1705, 1726]}, {"key": "indemnification-agreement", "type": "definition", "offset": [1766, 1791]}, {"key": "required-by", "type": "definition", "offset": [1975, 1986]}, {"key": "change-in-us", "type": "clause", "offset": [1989, 2002]}, {"key": "accounting-methods", "type": "definition", "offset": [2024, 2042]}, {"key": "financial-position", "type": "clause", "offset": [2116, 2134]}, {"key": "results-of-operations", "type": "definition", "offset": [2151, 2172]}, {"key": "mci-worldcom", "type": "definition", "offset": [2199, 2211]}, {"key": "tax-election", "type": "definition", "offset": [2300, 2312]}, {"key": "settlement-or-compromise", "type": "clause", "offset": [2317, 2341]}, {"key": "income-tax-liability", "type": "definition", "offset": [2358, 2378]}, {"key": "reasonably-likely", "type": "definition", "offset": [2388, 2405]}, {"key": "in-the-aggregate", "type": "definition", "offset": [2423, 2439]}, {"key": "material-adverse-effect-on", "type": "definition", "offset": [2451, 2477]}], "samples": [{"hash": "jTqlAuNfSmv", "uri": "/contracts/jTqlAuNfSmv#absence-of-certain-changes-or-events", "label": "Merger Agreement (Sprint Corp)", "score": 18.0, "published": true}, {"hash": "6EJbYMqjsWg", "uri": "/contracts/6EJbYMqjsWg#absence-of-certain-changes-or-events", "label": "Merger Agreement (Mci Worldcom Inc)", "score": 18.0, "published": true}, {"hash": "4L75HMYcuny", "uri": "/contracts/4L75HMYcuny#absence-of-certain-changes-or-events", "label": "Agreement and Plan of Merger (Mci Worldcom Inc)", "score": 18.0, "published": true}], "size": 311, "hash": "6901e704981e7d894459fad6dc650118", "id": 2}, {"snippet": "Since December 31, 1998, except as set forth in Section 3.08 of the Disclosure Schedule or as contemplated by this Agreement or disclosed in any SEC Report filed since December 31, 1998 and prior to the date of this Agreement, the Company and the Subsidiaries have conducted their businesses only in the ordinary course and in a manner consistent with past practice and, since December 31, 1998, there has not been (i) any Material Adverse Effect with respect to the Company, (ii) any damage, destruction or loss (whether or not covered by insurance) with respect to any property or asset of the Company or any Subsidiary and having, individually or in the aggregate, a Material Adverse Effect with respect to the Company, (iii) any material change by the Company in its accounting methods, principles or practices, with respect to the Company (iv) any revaluation by the Company of any asset (including, without limitation, any writing down of the value of inventory or writing off of notes or accounts receivable), other than in the ordinary course of business consistent with past practice, (v) any failure by the Company to revalue any asset in accordance with GAAP consistent with past practice, (vi) any entry by the Company or any Subsidiary into any commitment or transaction material to the Company and the Subsidiaries taken as a whole, (vii) any declaration, setting aside or payment of any dividend or distribution in respect of any capital stock of the Company or any redemption, purchase or other acquisition of any of its securities, (viii) other than as set forth in any contracts (as in effect on the date hereof) referred to in Section 3.10, any increase in or establishment of any bonus, insurance, severance, deferred compensation, pension, retirement, profit sharing, stock option (including, without limitation, the granting of stock options, stock appreciation rights, performance awards or restricted stock awards), stock purchase or other employee benefit plan, or any other increase in the compensation payable or to become payable to any officers or key employees of the Company or any Subsidiary, except customary increases in compensation to employees generally incurred in the ordinary course of business consistent with past practice, (ix) any entering into, renewal, modification or extension of, any material contract, arrangement or agreement with any affiliate of the Company, or (x) any entering into, renewal, modification or extension of, any contract, arrangement or agreement with any other party having, individually or in the aggregate, a Material Adverse Effect with respect to the Company.", "snippet_links": [{"key": "since-december", "type": "clause", "offset": [0, 14]}, {"key": "disclosure-schedule", "type": "clause", "offset": [68, 87]}, {"key": "agreement-or", "type": "definition", "offset": [115, 127]}, {"key": "report-filed", "type": "definition", "offset": [149, 161]}, {"key": "prior-to-the", "type": "clause", "offset": [190, 202]}, {"key": "date-of-this-agreement", "type": "definition", "offset": [203, 225]}, {"key": "the-company-and-the-subsidiaries", "type": "clause", "offset": [227, 259]}, {"key": "consistent-with-past-practice", "type": "clause", "offset": [336, 365]}, {"key": "material-adverse-effect", "type": "definition", "offset": [423, 446]}, {"key": "with-respect-to-the-company", "type": "clause", "offset": [447, 474]}, {"key": "not-covered-by-insurance", "type": "clause", "offset": [525, 549]}, {"key": "in-the-aggregate", "type": "definition", "offset": [650, 666]}, {"key": "material-change", "type": "definition", "offset": [733, 748]}, {"key": "company-in", "type": "clause", "offset": [756, 766]}, {"key": "accounting-methods", "type": "definition", "offset": [771, 789]}, {"key": "without-limitation", "type": "clause", "offset": [905, 923]}, {"key": "writing-down", "type": "clause", "offset": [929, 941]}, {"key": "value-of-inventory", "type": "clause", "offset": [949, 967]}, {"key": "accounts-receivable", "type": "definition", "offset": [995, 1014]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [1028, 1062]}, {"key": "failure-by-the", "type": "clause", "offset": [1102, 1116]}, {"key": "in-accordance-with", "type": "clause", "offset": [1146, 1164]}, {"key": "taken-as-a-whole", "type": "clause", "offset": [1329, 1345]}, {"key": "payment-of", "type": "definition", "offset": [1387, 1397]}, {"key": "dividend-or-distribution", "type": "definition", "offset": [1402, 1426]}, {"key": "in-respect-of", "type": "definition", "offset": [1427, 1440]}, {"key": "capital-stock-of-the-company", "type": "clause", "offset": [1445, 1473]}, {"key": "other-acquisition", "type": "definition", "offset": [1505, 1522]}, {"key": "effect-on-the", "type": "clause", "offset": [1604, 1617]}, {"key": "date-hereof", "type": "clause", "offset": [1618, 1629]}, {"key": "establishment-of", "type": "clause", "offset": [1679, 1695]}, {"key": "deferred-compensation", "type": "definition", "offset": [1729, 1750]}, {"key": "profit-sharing", "type": "definition", "offset": [1773, 1787]}, {"key": "granting-of-stock-options", "type": "clause", "offset": [1838, 1863]}, {"key": "stock-appreciation-rights", "type": "definition", "offset": [1865, 1890]}, {"key": "performance-awards", "type": "clause", "offset": [1892, 1910]}, {"key": "restricted-stock-awards", "type": "clause", "offset": [1914, 1937]}, {"key": "stock-purchase", "type": "definition", "offset": [1940, 1954]}, {"key": "employee-benefit-plan", "type": "definition", "offset": [1964, 1985]}, {"key": "compensation-payable", "type": "clause", "offset": [2016, 2036]}, {"key": "payable-to", "type": "definition", "offset": [2050, 2060]}, {"key": "key-employees-of-the-company", "type": "clause", "offset": [2077, 2105]}, {"key": "increases-in-compensation", "type": "clause", "offset": [2142, 2167]}, {"key": "employees-generally", "type": "clause", "offset": [2171, 2190]}, {"key": "entering-into", "type": "clause", "offset": [2275, 2288]}, {"key": "extension-of", "type": "clause", "offset": [2315, 2327]}, {"key": "material-contract", "type": "definition", "offset": [2333, 2350]}, {"key": "affiliate-of-the-company", "type": "definition", "offset": [2386, 2410]}, {"key": "other-party", "type": "definition", "offset": [2525, 2536]}], "samples": [{"hash": "kzkqWtJ0El2", "uri": "/contracts/kzkqWtJ0El2#absence-of-certain-changes-or-events", "label": "Merger Agreement (Smartflex Systems Inc)", "score": 18.0, "published": true}, {"hash": "jit2E4c4Qov", "uri": "/contracts/jit2E4c4Qov#absence-of-certain-changes-or-events", "label": "Merger Agreement (Ssi Acquisition Corp)", "score": 18.0, "published": true}, {"hash": "gGhqM42riWx", "uri": "/contracts/gGhqM42riWx#absence-of-certain-changes-or-events", "label": "Merger Agreement (Smartflex Systems Inc)", "score": 18.0, "published": true}], "size": 300, "hash": "922245fbd6104a8719648538dc69de8c", "id": 4}, {"snippet": "The Company has not, since the Balance Sheet Date, except as described on Schedule 4.23:\n(i) Incurred any material obligation or liability (absolute, accrued, contingent or otherwise) except for obligations or liabilities incurred in the ordinary course, and any such obligation or liability incurred in the ordinary course would not have a Material Adverse Effect, except for claims, if any, that are adequately covered by insurance;\n(ii) Discharged or satisfied any lien or encumbrance, or paid or satisfied any obligations or liability (absolute, accrued, contingent or otherwise) other than (a) liabilities shown or reflected on the Balance Sheet, and (b) liabilities incurred since the Balance Sheet Date in the ordinary course of business that would not have a Material Adverse Effect;\n(iii) Increased or established any reserve or accrual for taxes or other liability on its books or otherwise provided therefor, except (a) as disclosed on the Balance Sheet, or (b) as may have been required under generally accepted accounting principles due to income earned or expense accrued since the Balance Sheet Date and as disclosed to the Purchaser in writing;\n(iv) Mortgaged, pledged or subjected to any lien, charge or other encumbrance any of its assets, tangible or intangible;\n(v) Sold or transferred any of its assets or cancelled any debts or claims or waived any rights, except in the ordinary course of business and which would not have a Material Adverse Effect;\n(vi) Disposed of or permitted to lapse any patents or trademarks or any patent or trademark applications material to the operation of its business;\n(vii) Incurred any significant labor trouble or granted any general or uniform increase in salary or wages payable or to become payable by it to any director, officer, employee or agent, or by means of any bonus or pension plan, contract or other commitment increased the compensation of any director, officer, employee or agent, other than regularly scheduled increases that are consistent with past practices;\n(viii) Authorized any capital expenditure for real estate or leasehold improvements, machinery, equipment or molds in excess of $10,000.00 in the aggregate;\n(ix) Except for this Agreement, entered into any material transaction;\n(x) Issued any stocks, bonds, or other corporate securities, or made any declaration or payment of any dividend or any distribution in respect of its capital stock; or\n(xi) Experienced damage, destruction or loss (whether or not covered by insurance) that would individually or in the aggregate have a Material Adverse Effect or experienced any other material adverse change or changes individually or in the aggregate that would have a Material Adverse Effect.", "snippet_links": [{"key": "the-company-has", "type": "clause", "offset": [0, 15]}, {"key": "balance-sheet-date", "type": "clause", "offset": [31, 49]}, {"key": "on-schedule", "type": "definition", "offset": [71, 82]}, {"key": "material-obligation", "type": "clause", "offset": [106, 125]}, {"key": "liabilities-incurred", "type": "clause", "offset": [210, 230]}, {"key": "material-adverse-effect", "type": "definition", "offset": [341, 364]}, {"key": "except-for-claims", "type": "clause", "offset": [366, 383]}, {"key": "adequately-covered", "type": "definition", "offset": [402, 420]}, {"key": "lien-or-encumbrance", "type": "definition", "offset": [468, 487]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [710, 744]}, {"key": "other-liability", "type": "definition", "offset": [859, 874]}, {"key": "generally-accepted-accounting-principles", "type": "definition", "offset": [1005, 1045]}, {"key": "disclosed-to-the-purchaser", "type": "definition", "offset": [1122, 1148]}, {"key": "in-writing", "type": "definition", "offset": [1149, 1159]}, {"key": "disposed-of", "type": "definition", "offset": [1478, 1489]}, {"key": "trademark-applications", "type": "clause", "offset": [1555, 1577]}, {"key": "operation-of", "type": "definition", "offset": [1594, 1606]}, {"key": "wages-payable", "type": "definition", "offset": [1722, 1735]}, {"key": "employee-or-agent", "type": "definition", "offset": [1789, 1806]}, {"key": "pension-plan", "type": "definition", "offset": [1836, 1848]}, {"key": "other-commitment", "type": "definition", "offset": [1862, 1878]}, {"key": "the-compensation", "type": "clause", "offset": [1889, 1905]}, {"key": "scheduled-increases", "type": "clause", "offset": [1972, 1991]}, {"key": "consistent-with-past-practices", "type": "definition", "offset": [2001, 2031]}, {"key": "capital-expenditure", "type": "clause", "offset": [2055, 2074]}, {"key": "real-estate", "type": "definition", "offset": [2079, 2090]}, {"key": "leasehold-improvements", "type": "definition", "offset": [2094, 2116]}, {"key": "in-the-aggregate", "type": "definition", "offset": [2172, 2188]}, {"key": "this-agreement", "type": "clause", "offset": [2206, 2220]}, {"key": "entered-into", "type": "clause", "offset": [2222, 2234]}, {"key": "material-transaction", "type": "definition", "offset": [2239, 2259]}, {"key": "corporate-securities", "type": "definition", "offset": [2300, 2320]}, {"key": "payment-of", "type": "definition", "offset": [2349, 2359]}, {"key": "in-respect-of", "type": "definition", "offset": [2393, 2406]}, {"key": "capital-stock", "type": "definition", "offset": [2411, 2424]}, {"key": "not-covered-by-insurance", "type": "clause", "offset": [2486, 2510]}, {"key": "other-material-adverse-change", "type": "clause", "offset": [2606, 2635]}], "samples": [{"hash": "5hE5qdXjh53", "uri": "/contracts/5hE5qdXjh53#absence-of-certain-changes-or-events", "label": "Stock Purchase Agreement (IBC Equity Holdings)", "score": 23.5393562317, "published": true}, {"hash": "aQD5J3Wq9Te", "uri": "/contracts/aQD5J3Wq9Te#absence-of-certain-changes-or-events", "label": "Stock Purchase Agreement (CP US Income Group, LLC)", "score": 23.4626960754, "published": true}, {"hash": "9OUlGNhM2MA", "uri": "/contracts/9OUlGNhM2MA#absence-of-certain-changes-or-events", "label": "Stock Purchase Agreement (Thalia Woods Management, Inc.)", "score": 23.4626960754, "published": true}], "size": 281, "hash": "6041dc2cf0fee103de99bbde48518393", "id": 5}, {"snippet": "Except as may be disclosed in the Reports or as otherwise disclosed in Section 3.1(f) of the Disclosure Schedule, since September 30, 1998 there has not been (i) any change in the business, assets, financial condition or results of operations of the Company or its Subsidiaries or any other event which in any such case has had or could reasonably be expected to have a Material Adverse Effect; (ii) any damage, destruction or loss, whether covered by insurance or not, having a material adverse effect upon the properties or business of the Company and the Subsidiaries taken as a whole; (iii) any declaration, setting aside or payment of any dividend, or other distribution in respect of the capital stock of the Company or any redemption or other acquisition by the Company of any of its capital stock; (iv) any issuance by the Company, or commitment of the Company to issue, any shares of its Common Stock or securities convertible into or exchangeable for shares of its Common Stock; (v) any increase in the rate or terms of compensation payable or to become payable by the Company or any Subsidiary to its directors, officers or key employees, except increases occurring in the ordinary course of business in accordance with its customary past practices; (vi) any grant or increase in the rate or terms of any bonus, insurance, pension, severance or other employee benefit plan, payment or arrangement made to, for or with any directors, officers or key employees, except increases occurring in the ordinary course of business in accordance with its customary past practices; (vii) any change by the Company in accounting methods, principles or practices except as required by generally accepted accounting principles; (viii) an entry into any agreement, commitment or transaction by the Company or any Subsidiary which is material to the Company and its Subsidiaries taken as a whole, except agreements, commitments or transactions in the ordinary course of business; (ix) any stock split, reverse stock split, combination or reclassification of the Common Stock; (x) any change in the terms and conditions of the Company Stock Option Plans except as contemplated hereby; or (xi) any agreement or commitment, whether in writing or otherwise, to take any action described in this subsection 3.1(f). Since December 31, 1997, the Company and the Subsidiaries have conducted their respective businesses in all material respects only in the ordinary course, consistent with past custom and practice, except as contemplated by this Agreement and except to the extent such conduct would not have a Material Adverse Effect.", "snippet_links": [{"key": "the-reports", "type": "clause", "offset": [30, 41]}, {"key": "disclosure-schedule", "type": "clause", "offset": [93, 112]}, {"key": "change-in-the-business", "type": "clause", "offset": [166, 188]}, {"key": "financial-condition", "type": "definition", "offset": [198, 217]}, {"key": "operations-of-the-company", "type": "clause", "offset": [232, 257]}, {"key": "other-event", "type": "clause", "offset": [285, 296]}, {"key": "could-reasonably-be-expected-to", "type": "definition", "offset": [331, 362]}, {"key": "material-adverse-effect", "type": "definition", "offset": [370, 393]}, {"key": "covered-by", "type": "definition", "offset": [441, 451]}, {"key": "having-a", "type": "definition", "offset": [470, 478]}, {"key": "the-properties", "type": "definition", "offset": [508, 522]}, {"key": "business-of-the-company-and-the-subsidiaries", "type": "clause", "offset": [526, 570]}, {"key": "taken-as-a-whole", "type": "clause", "offset": [571, 587]}, {"key": "payment-of", "type": "definition", "offset": [629, 639]}, {"key": "other-distribution", "type": "definition", "offset": [657, 675]}, {"key": "in-respect-of", "type": "definition", "offset": [676, 689]}, {"key": "capital-stock-of-the-company", "type": "clause", "offset": [694, 722]}, {"key": "other-acquisition", "type": "definition", "offset": [744, 761]}, {"key": "issuance-by-the-company", "type": "clause", "offset": [815, 838]}, {"key": "commitment-of-the-company", "type": "clause", "offset": [843, 868]}, {"key": "to-issue", "type": "clause", "offset": [869, 877]}, {"key": "shares-of", "type": "clause", "offset": [883, 892]}, {"key": "the-rate", "type": "definition", "offset": [1009, 1017]}, {"key": "compensation-payable", "type": "clause", "offset": [1030, 1050]}, {"key": "payable-by-the-company", "type": "clause", "offset": [1064, 1086]}, {"key": "key-employees", "type": "clause", "offset": [1135, 1148]}, {"key": "in-accordance-with", "type": "clause", "offset": [1212, 1230]}, {"key": "past-practices", "type": "definition", "offset": [1245, 1259]}, {"key": "employee-benefit-plan", "type": "definition", "offset": [1362, 1383]}, {"key": "company-in", "type": "clause", "offset": [1606, 1616]}, {"key": "accounting-methods", "type": "definition", "offset": [1617, 1635]}, {"key": "as-required-by", "type": "clause", "offset": [1668, 1682]}, {"key": "generally-accepted-accounting-principles", "type": "definition", "offset": [1683, 1723]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [1841, 1873]}, {"key": "transactions-in-the-ordinary-course-of-business", "type": "definition", "offset": [1926, 1973]}, {"key": "reverse-stock-split", "type": "clause", "offset": [1997, 2016]}, {"key": "the-common-stock", "type": "clause", "offset": [2053, 2069]}, {"key": "company-stock-option-plans", "type": "clause", "offset": [2121, 2147]}, {"key": "contemplated-hereby", "type": "clause", "offset": [2158, 2177]}, {"key": "agreement-or", "type": "definition", "offset": [2191, 2203]}, {"key": "in-writing", "type": "definition", "offset": [2224, 2234]}, {"key": "any-action", "type": "definition", "offset": [2257, 2267]}, {"key": "this-subsection", "type": "definition", "offset": [2281, 2296]}, {"key": "since-december", "type": "clause", "offset": [2305, 2319]}, {"key": "in-all-material-respects", "type": "definition", "offset": [2406, 2430]}, {"key": "consistent-with", "type": "definition", "offset": [2460, 2475]}, {"key": "custom-and-practice", "type": "clause", "offset": [2481, 2500]}, {"key": "contemplated-by-this-agreement", "type": "clause", "offset": [2512, 2542]}, {"key": "except-to-the-extent", "type": "clause", "offset": [2547, 2567]}], "samples": [{"hash": "inmhAzFCi5l", "uri": "/contracts/inmhAzFCi5l#absence-of-certain-changes-or-events", "label": "Merger Agreement (Egan Charles)", "score": 18.0, "published": true}, {"hash": "4yVDiFrMH6I", "uri": "/contracts/4yVDiFrMH6I#absence-of-certain-changes-or-events", "label": "Merger Agreement (Cort Business Services Corp)", "score": 18.0, "published": true}], "size": 221, "hash": "51810e0d109379d054ac1fb004d3e63a", "id": 9}, {"snippet": "Conduct of Business. -----------------------------------------------------------------\n(a) Except as set forth in Schedule 5.7(a) since June 30, 2003, TARGET has not done or suffered any of the following:\n(i) amended or otherwise changed its Certificate of Incorporation or Bylaws;\n(ii) issued, sold, pledged, disposed of or encumbered, or authorized the issuance, sale, pledge, disposition or encumbrance of, any shares of its capital stock of any class or any Common Stock Warrants;\n(iii) reclassified, combined, split, subdivided or redeemed, purchased or otherwise acquired, directly or indirectly, any TARGET capital stock;\n(iv) declared, set aside, made or paid any dividend or other distribution, whether payable in cash, stock, property or otherwise, with respect to any TARGET capital stock;\n(v) acquired (including, without limitation, for cash or shares of stock, by merger, consolidation or acquisition of stock or assets) any interest in any corporation, partnership or other business organization or division thereof or any assets, or made any investment either by purchase of stock or securities, contributions of capital or property transfer, or purchased any property or assets of any other Person;\n(vi) made any loans or advances to any other Person;\n(vii) borrowed any amount or incurred or became subject to any Liabilities (absolute, accrued or contingent), other than current Liabilities incurred in the ordinary course of business and Liabilities under contracts entered into in the ordinary course of business in accordance with past practice;\n(viii) assumed, guaranteed or endorsed the obligations of any Person, or entered into any \"make-well\" or \"make-whole\" or other agreements in support of the credit of any Person, except in the ordinary course of business consistent with past practice;\n(ix) discharged or satisfied any material Lien or adverse claim or paid any Liability (absolute, accrued or contingent), other than current Liabilities shown on the TARGET Audited Balance Sheet and current Liabilities incurred since the date of the TARGET Audited Balance Sheet in the ordinary course of business in accordance with past practice;\n(x) mortgaged, pledged or subjected to any material Lien or adverse claim any of its properties or assets, except for Liens for taxes not yet due and payable or otherwise in the ordinary course of business in accordance with past practice;\n(xi) except in the ordinary course of its business, sold, assigned or transferred any of its assets, tangible or intangible, having a value in any single transaction in excess of $50,000;\n(xii) suffered any extraordinary losses or waived any rights of material value other than in the ordinary course of business in accordance with past practice;\n(xiii) made any capital expenditures or commitments therefor other than in the ordinary course of business consistent with past practice or in an amount less than $50,000;\n(xiv) entered into any other transaction other than in the ordinary course of business consistent with past practice in an amount less than $50,000, or any material transaction, whether or not in the ordinary course of business;\n(xv) suffered any damages, destruction or casualty loss, whether or not covered by insurance, affecting any of the properties or assets of TARGET, which could, individually or in the aggregate, have or result in a Material Adverse Effect;\n(xvi) made any material change in the nature or operations of the business of the TARGET;\n(xvii) participated in any transaction that would have a Material Adverse Effect or otherwise acted outside the ordinary course of business in any material fashion;\n(xviii) entered into, amended, terminated or canceled any Contract, or relinquished any material rights thereunder, other than, in the ordinary course of business, consistent with past practice, (provided, that for this -------- purpose no Contract pursuant to which the TARGET ENTITIES have any rights to own or use any intellectual property in their business (other than \"off-the-shelf\" software) shall be deemed immaterial);\n(xix) in respect of any instrument, commitment or obligation to which TARGET is a party or by which any of its respective assets is bound or subject, did any of the following:\n(A) violated or breached any provision thereof,\n(B) taken any action or omitted to take any action which, immediately or after the passage of time, could result in a violation thereof, or result in the termination or acceleration thereof, default thereunder, or diminishment of rights under or a change in terms thereof, or entitle any third party to declare a default, terminate, accelerate or diminish rights or change terms (whether after the giving of notice or lapse of time or both) thereunder;\n(C) result in the imposition of any Lien upon or with respect to the stock or any assets, business or properties of TARGET; or\n(D) violate or conflict with any other restriction of any kind or character to which TARGET, or any of its respective properties or assets, is subject or bound;\n(xx) changed any accounting policies or procedures or made any change in any accounting methods or systems of internal accounting controls, except as may be appropriate to conform to changes in GAAP;\n(xxi) made any Tax election, other than in the ordinary course of business consistent with past practice;\n(xxii) paid, discharged or satisfied any Liens, claims, debts, liabilities or obligations (absolute, accrued, asserted or unasserted, contingent or otherwise), other than the payment, discharge or satisfaction in the ordinary course of business and consistent with past practice of due and payable liabilities reflected or reserved against in the TARGET Financial Statements, as appropriate, or liabilities incurred after June 30, 2003 in the ordinary course of business and consistent with past practice;\n(xxiii) entered into any Contract or transaction with or for the benefit of, or made any loan or advance to or for the benefit of, any of its directors, officers, stockholders, Affiliates or Associates or any entity in which any such director, officer, stockholder, Affiliate or Associate, or their respective Affiliates or Associates, has a direct or indirect interest, whether or not in the ordinary course of business; or\n(xxiv) entered into any agreement, commitment or understanding, whether in writing or otherwise, to take or authorize any of the foregoing actions or any action which would make any representation or warranty in this Article IV untrue or incorrect in any respect. -----------", "snippet_links": [{"key": "conduct-of-business", "type": "clause", "offset": [0, 19]}, {"key": "certificate-of-incorporation-or-bylaws", "type": "clause", "offset": [242, 280]}, {"key": "disposed-of", "type": "definition", "offset": [310, 321]}, {"key": "the-issuance", "type": "clause", "offset": [351, 363]}, {"key": "common-stock-warrants", "type": "clause", "offset": [462, 483]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [579, 601]}, {"key": "target-capital-stock", "type": "definition", "offset": [607, 627]}, {"key": "set-aside", "type": "clause", "offset": [644, 653]}, {"key": "other-distribution", "type": "definition", "offset": [684, 702]}, {"key": "with-respect-to", "type": "clause", "offset": [759, 774]}, {"key": "without-limitation", "type": "clause", "offset": [826, 844]}, {"key": "shares-of-stock", "type": "clause", "offset": [858, 873]}, {"key": "acquisition-of-stock-or-assets", "type": "clause", "offset": [903, 933]}, {"key": "business-organization", "type": "definition", "offset": [989, 1010]}, {"key": "purchase-of-stock", "type": "clause", "offset": [1079, 1096]}, {"key": "contributions-of-capital", "type": "clause", "offset": [1112, 1136]}, {"key": "property-transfer", "type": "definition", "offset": [1140, 1157]}, {"key": "any-other-person", "type": "definition", "offset": [1198, 1214]}, {"key": "loans-or-advances", "type": "clause", "offset": [1230, 1247]}, {"key": "subject-to", "type": "clause", "offset": [1317, 1327]}, {"key": "liabilities-incurred", "type": "clause", "offset": [1398, 1418]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [1419, 1453]}, {"key": "entered-into", "type": "clause", "offset": [1486, 1498]}, {"key": "in-accordance-with", "type": "clause", "offset": [1534, 1552]}, {"key": "obligations-of", "type": "clause", "offset": [1611, 1625]}, {"key": "any-person", "type": "clause", "offset": [1626, 1636]}, {"key": "other-agreements", "type": "clause", "offset": [1689, 1705]}, {"key": "the-credit", "type": "definition", "offset": [1720, 1730]}, {"key": "consistent-with-past-practice", "type": "clause", "offset": [1788, 1817]}, {"key": "material-lien", "type": "clause", "offset": [1852, 1865]}, {"key": "adverse-claim", "type": "clause", "offset": [1869, 1882]}, {"key": "the-target", "type": "clause", "offset": [1980, 1990]}, {"key": "audited-balance-sheet", "type": "clause", "offset": [1991, 2012]}, {"key": "date-of", "type": "clause", "offset": [2056, 2063]}, {"key": "properties-or-assets", "type": "definition", "offset": [2251, 2271]}, {"key": "liens-for-taxes", "type": "clause", "offset": [2284, 2299]}, {"key": "due-and-payable", "type": "definition", "offset": [2308, 2323]}, {"key": "having-a", "type": "definition", "offset": [2531, 2539]}, {"key": "single-transaction", "type": "clause", "offset": [2553, 2571]}, {"key": "extraordinary-losses", "type": "clause", "offset": [2613, 2633]}, {"key": "rights-of", "type": "clause", "offset": [2648, 2657]}, {"key": "capital-expenditures", "type": "definition", "offset": [2769, 2789]}, {"key": "other-transaction", "type": "definition", "offset": [2948, 2965]}, {"key": "material-transaction", "type": "definition", "offset": [3081, 3101]}, {"key": "casualty-loss", "type": "definition", "offset": [3196, 3209]}, {"key": "not-covered-by-insurance", "type": "clause", "offset": [3222, 3246]}, {"key": "the-properties", "type": "definition", "offset": [3265, 3279]}, {"key": "in-the-aggregate", "type": "definition", "offset": [3330, 3346]}, {"key": "material-adverse-effect", "type": "definition", "offset": [3368, 3391]}, {"key": "material-change", "type": "definition", "offset": [3408, 3423]}, {"key": "the-nature", "type": "clause", "offset": [3427, 3437]}, {"key": "operations-of-the-business", "type": "clause", "offset": [3441, 3467]}, {"key": "material-rights", "type": "definition", "offset": [3736, 3751]}, {"key": "no-contract", "type": "clause", "offset": [3885, 3896]}, {"key": "pursuant-to", "type": "definition", "offset": [3897, 3908]}, {"key": "target-entities", "type": "clause", "offset": [3919, 3934]}, {"key": "intellectual-property", "type": "definition", "offset": [3969, 3990]}, {"key": "in-respect-of", "type": "definition", "offset": [4082, 4095]}, {"key": "obligation-to", "type": "clause", "offset": [4126, 4139]}, {"key": "a-party", "type": "clause", "offset": [4156, 4163]}, {"key": "any-action", "type": "definition", "offset": [4310, 4320]}, {"key": "passage-of-time", "type": "clause", "offset": [4383, 4398]}, {"key": "the-termination", "type": "clause", "offset": [4450, 4465]}, {"key": "of-rights", "type": "clause", "offset": [4527, 4536]}, {"key": "change-in-terms", "type": "definition", "offset": [4548, 4563]}, {"key": "third-party", "type": "definition", "offset": [4588, 4599]}, {"key": "declare-a-default", "type": "clause", "offset": [4603, 4620]}, {"key": "giving-of-notice", "type": "clause", "offset": [4698, 4714]}, {"key": "lapse-of-time", "type": "clause", "offset": [4718, 4731]}, {"key": "the-stock", "type": "clause", "offset": [4818, 4827]}, {"key": "accounting-policies", "type": "definition", "offset": [5058, 5077]}, {"key": "any-change", "type": "definition", "offset": [5100, 5110]}, {"key": "accounting-methods", "type": "definition", "offset": [5118, 5136]}, {"key": "internal-accounting-controls", "type": "clause", "offset": [5151, 5179]}, {"key": "changes-in-gaap", "type": "clause", "offset": [5224, 5239]}, {"key": "tax-election", "type": "definition", "offset": [5256, 5268]}, {"key": "liabilities-or-obligations", "type": "clause", "offset": [5410, 5436]}, {"key": "the-payment", "type": "clause", "offset": [5518, 5529]}, {"key": "discharge-or", "type": "clause", "offset": [5531, 5543]}, {"key": "target-financial-statements", "type": "clause", "offset": [5694, 5721]}, {"key": "after-june", "type": "clause", "offset": [5763, 5773]}, {"key": "any-loan", "type": "clause", "offset": [5938, 5946]}, {"key": "to-or-for-the-benefit-of", "type": "definition", "offset": [5958, 5982]}, {"key": "respective-affiliates", "type": "definition", "offset": [6152, 6173]}, {"key": "indirect-interest", "type": "definition", "offset": [6205, 6222]}, {"key": "in-writing", "type": "definition", "offset": [6350, 6360]}, {"key": "foregoing-actions", "type": "clause", "offset": [6407, 6424]}, {"key": "representation-or-warranty", "type": "clause", "offset": [6460, 6486]}, {"key": "article-iv", "type": "definition", "offset": [6495, 6505]}], "samples": [{"hash": "8bTsHHSIU6I", "uri": "/contracts/8bTsHHSIU6I#absence-of-certain-changes-or-events", "label": "Merger Agreement (Genesis Bioventures Inc)", "score": 16.0, "published": true}, {"hash": "3MTIFkivGf3", "uri": "/contracts/3MTIFkivGf3#absence-of-certain-changes-or-events", "label": "Merger Agreement (Genesis Bioventures Inc)", "score": 16.0, "published": true}, {"hash": "1HSIfPZxCR5", "uri": "/contracts/1HSIfPZxCR5#absence-of-certain-changes-or-events", "label": "Merger Agreement (Genesis Bioventures Inc)", "score": 16.0, "published": true}], "size": 308, "hash": "8f18ead4ba3717827f1908911754ed80", "id": 3}, {"snippet": "Except as set forth on Schedule 2.01(g), since the Company Balance Sheet Date, the Company has conducted its business only in the ordinary course consistent with past practice, and there is not and has not been any:\n(i) material adverse change with respect to the Company;\n(ii) event which, if it had taken place following the execution of this Agreement, would not have been permitted by Section 3.01 without prior consent of Pubco;\n(iii) condition, event or occurrence which could reasonably be expected to prevent, hinder or materially delay the ability of the Company to consummate the transactions contemplated by this Agreement;\n(iv) incurrence, assumption or guarantee by the Company of any indebtedness for borrowed money other than in the ordinary course and in amounts and on terms consistent with past practices or as disclosed to Pubco in writing;\n(v) creation or other incurrence by the Company of any lien on any asset other than in the ordinary course consistent with past practices;\n(vi) transaction or commitment made, or any contract or agreement entered into, by the Company relating to its assets or business (including the acquisition or disposition of any assets) or any relinquishment by the Company of any contract or other right, in either case, material to the Company, other than transactions and commitments in the ordinary course consistent with past practices and those contemplated by this Agreement;\n(vii) labor dispute, other than routine, individual grievances, or, to the knowledge of the Company, any activity or proceeding by a labor union or representative thereof to organize any employees of the Company or any lockouts, strikes, slowdowns, work stoppages or threats by or with respect to such employees;\n(viii) payment, prepayment or discharge of liability other than in the ordinary course of business or any failure to pay any liability when due;\n(ix) write-offs or write-downs of any assets of the Company;\n(x) creation, termination or amendment of, or waiver of any right under, any material contract of the Company;\n(xi) damage, destruction or loss having, or reasonably expected to have, a material adverse effect on the Company;\n(xii) other condition, event or occurrence which individually or in the aggregate could reasonably be expected to have a material adverse effect or give rise to a material adverse change with respect to the Company; or\n(xiii) agreement or commitment to do any of the foregoing.", "snippet_links": [{"key": "on-schedule", "type": "definition", "offset": [20, 31]}, {"key": "company-balance-sheet-date", "type": "definition", "offset": [51, 77]}, {"key": "the-company-has", "type": "clause", "offset": [79, 94]}, {"key": "ordinary-course-consistent-with-past-practice", "type": "definition", "offset": [130, 175]}, {"key": "with-respect-to-the-company", "type": "clause", "offset": [244, 271]}, {"key": "execution-of-this-agreement", "type": "clause", "offset": [327, 354]}, {"key": "consent-of", "type": "clause", "offset": [416, 426]}, {"key": "could-reasonably-be-expected-to", "type": "definition", "offset": [477, 508]}, {"key": "the-transactions-contemplated-by-this-agreement", "type": "clause", "offset": [586, 633]}, {"key": "guarantee-by-the-company", "type": "clause", "offset": [666, 690]}, {"key": "indebtedness-for-borrowed-money", "type": "definition", "offset": [698, 729]}, {"key": "consistent-with-past-practices", "type": "definition", "offset": [792, 822]}, {"key": "in-writing", "type": "definition", "offset": [848, 858]}, {"key": "contract-or-agreement", "type": "definition", "offset": [1043, 1064]}, {"key": "entered-into", "type": "clause", "offset": [1065, 1077]}, {"key": "relating-to", "type": "definition", "offset": [1094, 1105]}, {"key": "the-acquisition", "type": "clause", "offset": [1140, 1155]}, {"key": "disposition-of", "type": "clause", "offset": [1159, 1173]}, {"key": "labor-dispute", "type": "clause", "offset": [1438, 1451]}, {"key": "individual-grievances", "type": "clause", "offset": [1473, 1494]}, {"key": "knowledge-of-the-company", "type": "clause", "offset": [1507, 1531]}, {"key": "labor-union", "type": "definition", "offset": [1565, 1576]}, {"key": "employees-of-the-company", "type": "clause", "offset": [1619, 1643]}, {"key": "work-stoppages", "type": "clause", "offset": [1681, 1695]}, {"key": "discharge-of-liability", "type": "clause", "offset": [1775, 1797]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [1809, 1843]}, {"key": "failure-to-pay", "type": "clause", "offset": [1851, 1865]}, {"key": "assets-of-the-company", "type": "clause", "offset": [1928, 1949]}, {"key": "amendment-of", "type": "definition", "offset": [1980, 1992]}, {"key": "waiver-of", "type": "clause", "offset": [1997, 2006]}, {"key": "material-contract", "type": "definition", "offset": [2028, 2045]}, {"key": "material-adverse-effect-on-the-company", "type": "definition", "offset": [2137, 2175]}, {"key": "other-condition", "type": "clause", "offset": [2183, 2198]}, {"key": "in-the-aggregate", "type": "definition", "offset": [2242, 2258]}, {"key": "a-material-adverse-change", "type": "clause", "offset": [2338, 2363]}, {"key": "agreement-or", "type": "definition", "offset": [2403, 2415]}, {"key": "commitment-to", "type": "clause", "offset": [2416, 2429]}, {"key": "the-foregoing", "type": "definition", "offset": [2440, 2453]}], "samples": [{"hash": "gBewdVRrvUm", "uri": "/contracts/gBewdVRrvUm#absence-of-certain-changes-or-events", "label": "Exchange Agreement (Gold Standard Mining Co)", "score": 28.8904857635, "published": true}, {"hash": "js6j4GLd4S4", "uri": "/contracts/js6j4GLd4S4#absence-of-certain-changes-or-events", "label": "Stock Exchange Agreement (Makism 3D Corp.)", "score": 24.8412055969, "published": true}, {"hash": "9M9hdfQhcEa", "uri": "/contracts/9M9hdfQhcEa#absence-of-certain-changes-or-events", "label": "Stock Exchange Agreement (Claridge Ventures, Inc.)", "score": 24.5427780151, "published": true}], "size": 238, "hash": "4ff6c134a8ccc6d10737a358f9a5728c", "id": 8}, {"snippet": "Since February 7, 2014, the Acquired Companies and their respective Subsidiaries have conducted their respective businesses, in all material respects, only in the ordinary course consistent with past practice, and there has not been:\n(a) any issuance or award of any equity awards or other equity-based awards in respect of any Equity Interests of any Acquired Company or any of its Subsidiaries to any director, officer or employee of such Acquired Company or any of its Subsidiaries;\n(b) except as required by the terms of any of the Acquired Company Benefit Plans or by applicable Law or in the ordinary course of business, (i) any granting by Seller, any Acquired Company or any of its Subsidiaries to any Business Employee of any increase in compensation, bonus or other benefits, (ii) any granting by Seller, any Acquired Company or any of its Subsidiaries to any Business Employee of any increase in severance or termination pay, (iii) any entry by any Acquired Company or any of its Subsidiaries into, or any amendment of, any employment, deferred compensation, consulting, severance, termination or indemnification agreement with any Business Employee, or (iv) any establishment, adoption, entry into, amendment or modification of any Acquired Company Benefit Plan for the benefit of any Business Employee;\n(c) any change in any material respect in accounting methods, principles or practices by any Acquired Company or any of its Subsidiaries affecting its assets, liabilities or business, other than changes after the date hereof to the extent required by a change in GAAP or regulatory accounting principles;\n(d) any material Tax election or change in or revocation of any material Tax election, amendment to any material Tax return, closing agreement with respect to Taxes, or settlement or compromise of any material income Tax liability by any Acquired Company or any of its Subsidiaries;\n(e) any material change in its investment or risk management or other similar policies; or\n(f) any agreement or commitment (contingent or otherwise) to do any of the foregoing.", "snippet_links": [{"key": "the-acquired-companies", "type": "clause", "offset": [24, 46]}, {"key": "in-all-material-respects", "type": "definition", "offset": [125, 149]}, {"key": "ordinary-course-consistent-with-past-practice", "type": "definition", "offset": [163, 208]}, {"key": "equity-awards", "type": "definition", "offset": [267, 280]}, {"key": "other-equity", "type": "clause", "offset": [284, 296]}, {"key": "in-respect-of", "type": "definition", "offset": [310, 323]}, {"key": "equity-interests", "type": "definition", "offset": [328, 344]}, {"key": "officer-or-employee", "type": "definition", "offset": [413, 432]}, {"key": "as-required-by", "type": "clause", "offset": [497, 511]}, {"key": "terms-of", "type": "definition", "offset": [516, 524]}, {"key": "acquired-company-benefit-plans", "type": "definition", "offset": [536, 566]}, {"key": "applicable-law", "type": "clause", "offset": [573, 587]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [591, 625]}, {"key": "by-seller", "type": "clause", "offset": [644, 653]}, {"key": "business-employee", "type": "definition", "offset": [710, 727]}, {"key": "increase-in-compensation", "type": "clause", "offset": [735, 759]}, {"key": "other-benefits", "type": "definition", "offset": [770, 784]}, {"key": "termination-pay", "type": "definition", "offset": [920, 935]}, {"key": "amendment-of", "type": "definition", "offset": [1017, 1029]}, {"key": "deferred-compensation", "type": "definition", "offset": [1047, 1068]}, {"key": "indemnification-agreement", "type": "definition", "offset": [1108, 1133]}, {"key": "modification-of", "type": "clause", "offset": [1224, 1239]}, {"key": "for-the-benefit-of", "type": "definition", "offset": [1274, 1292]}, {"key": "any-change", "type": "definition", "offset": [1320, 1330]}, {"key": "accounting-methods", "type": "definition", "offset": [1358, 1376]}, {"key": "date-hereof", "type": "clause", "offset": [1529, 1540]}, {"key": "to-the-extent", "type": "clause", "offset": [1541, 1554]}, {"key": "change-in-gaap", "type": "clause", "offset": [1569, 1583]}, {"key": "regulatory-accounting-principles", "type": "definition", "offset": [1587, 1619]}, {"key": "tax-election", "type": "definition", "offset": [1638, 1650]}, {"key": "amendment-to", "type": "clause", "offset": [1708, 1720]}, {"key": "tax-return", "type": "definition", "offset": [1734, 1744]}, {"key": "agreement-with-respect-to-taxes", "type": "clause", "offset": [1754, 1785]}, {"key": "settlement-or-compromise", "type": "clause", "offset": [1790, 1814]}, {"key": "income-tax-liability", "type": "definition", "offset": [1831, 1851]}, {"key": "material-change", "type": "definition", "offset": [1912, 1927]}, {"key": "risk-management", "type": "clause", "offset": [1949, 1964]}, {"key": "similar-policies", "type": "definition", "offset": [1974, 1990]}, {"key": "agreement-or", "type": "definition", "offset": [2003, 2015]}, {"key": "the-foregoing", "type": "definition", "offset": [2066, 2079]}], "samples": [{"hash": "bfCOIsHAP0c", "uri": "/contracts/bfCOIsHAP0c#absence-of-certain-changes-or-events", "label": "Equity Purchase Agreement (ARC Properties Operating Partnership, L.P.)", "score": 26.1635856628, "published": true}, {"hash": "bE0ZIRdS60i", "uri": "/contracts/bE0ZIRdS60i#absence-of-certain-changes-or-events", "label": "Equity Purchase Agreement (RCS Capital Corp)", "score": 25.867898941, "published": true}], "size": 277, "hash": "d078bac39aeba2ba5fd02a72857a2eb1", "id": 6}, {"snippet": "Except as disclosed in the Company Disclosure Schedule or in the SEC Documents filed and publicly available prior to the Agreement Date (the \"FILED SEC DOCUMENTS\"), since June 30, 1998 the Company and its Subsidiaries have conducted their respective business only in the ordinary course of business consistent with past practices, and up to the Agreement Date, there has not been with respect to the Company or any of its Subsidiaries any:\n(i) Material Adverse Change;\n(ii) amendment or change in the Certificate of Incorporation or Bylaws of the Company;\n(iii) purchase, license, sale, assignment or other disposition or transfer (or any agreement or other arrangement for the purchase, license, sale, assignment or other disposition or transfer), of any of the assets or properties of the Company or any of its Subsidiaries (including any Intellectual Property Rights), other than (a) non-exclusive licenses of any product or products of the Company or any of its Subsidiaries made in the ordinary course of the Company's business consistent with its past practices, (b) purchases and sales of assets (other than Intellectual Property Rights (as defined in Section 4.1(i)) in the ordinary course of business consistent with its past practices, and (c) purchases and sales of assets (other than Intellectual Property Rights) having a purchase price of less than $100,000 on an individual basis and less than $250,000 in aggregate;\n(iv) damage, destruction or loss of any property or asset, whether or not covered by insurance, having (or reasonably likely with the passage of time to have) a Material Adverse Effect on the Company;\n(v) declaration, setting aside or payment of any dividend on, or the making of any other distribution in respect of, any shares of the capital stock of the Company, any split, combination or recapitalization of the capital stock of the Company or any direct or indirect redemption, purchase or other acquisition of any shares of the capital stock of the Company or any change in any rights, preferences, privileges or restrictions of any outstanding stock or other security of the Company;\n(vi) obligation or liability incurred by the Company or any of its Subsidiaries to any of its officers or directors except for normal and customary compensation and expense allowances payable to officers in the ordinary course of the Company's business consistent with past practices;\n(vii) making by the Company or any of its Subsidiaries of any loan, advance or capital contribution to, or any investment in, any officer or director of the Company or, to the knowledge of the Company, any firm or business enterprise in which any such person had a direct or indirect material interest at the time of such loan, advance, capital contribution or investment;\n(viii) material adverse development in any litigation described in any Filed SEC Document or in any litigation or proceeding required to be disclosed in Section 4.1(j) of the Company Disclosure Schedule;\n(ix) material increase in the volume or dollar amount of returns (or claims therefor) of any of the Company's products by distributors, customers, value added resellers, original equipment manufacturers or other resellers of such product, or any claims for price adjustments by any such parties with respect to any products of the Company that have been delivered to such party, or any reason to believe that any such increases or claims are likely;\n(x) material change in the manner in which, or terms on which, the Company or any of its Subsidiaries extends discounts or credits or rights to return products or receive price adjustments to customers or distributors or otherwise deals with its customers or distributors;\n(xi) change in accounting methods, principles or practices by the Company (other than as required by GAAP) or any material revaluation of any of the assets of the Company or any of its Subsidiaries, or any material write-offs of accounts receivable or write-downs of the value of capitalized inventory not in the ordinary course of business consistent with past practices; or\n(xii) license, transfer or grant of a right under any Company IP Rights (as defined in Section 4.1(i), other than non-exclusive licenses granted in the ordinary course of the Company's business consistent with its past practices.", "snippet_links": [{"key": "the-company-disclosure-schedule", "type": "clause", "offset": [23, 54]}, {"key": "documents-filed", "type": "clause", "offset": [69, 84]}, {"key": "publicly-available", "type": "definition", "offset": [89, 107]}, {"key": "agreement-date", "type": "clause", "offset": [121, 135]}, {"key": "filed-sec-documents", "type": "definition", "offset": [142, 161]}, {"key": "the-company-and-its-subsidiaries", "type": "clause", "offset": [185, 217]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [264, 298]}, {"key": "consistent-with-past-practices", "type": "definition", "offset": [299, 329]}, {"key": "with-respect-to-the-company", "type": "clause", "offset": [380, 407]}, {"key": "material-adverse-change", "type": "definition", "offset": [444, 467]}, {"key": "amendment-or", "type": "clause", "offset": [474, 486]}, {"key": "bylaws-of-the-company", "type": "clause", "offset": [533, 554]}, {"key": "assignment-or", "type": "clause", "offset": [587, 600]}, {"key": "other-disposition", "type": "definition", "offset": [601, 618]}, {"key": "agreement-or", "type": "definition", "offset": [639, 651]}, {"key": "other-arrangement", "type": "clause", "offset": [652, 669]}, {"key": "the-purchase", "type": "clause", "offset": [674, 686]}, {"key": "assets-or-properties", "type": "definition", "offset": [763, 783]}, {"key": "intellectual-property-rights", "type": "definition", "offset": [841, 869]}, {"key": "exclusive-licenses", "type": "clause", "offset": [891, 909]}, {"key": "products-of-the-company", "type": "clause", "offset": [928, 951]}, {"key": "purchases-and-sales-of-assets", "type": "clause", "offset": [1073, 1102]}, {"key": "defined-in-section", "type": "clause", "offset": [1148, 1166]}, {"key": "purchase-price", "type": "definition", "offset": [1335, 1349]}, {"key": "individual-basis", "type": "clause", "offset": [1378, 1394]}, {"key": "in-aggregate", "type": "definition", "offset": [1418, 1430]}, {"key": "loss-of", "type": "definition", "offset": [1460, 1467]}, {"key": "not-covered-by-insurance", "type": "clause", "offset": [1502, 1526]}, {"key": "reasonably-likely", "type": "definition", "offset": [1539, 1556]}, {"key": "passage-of-time", "type": "clause", "offset": [1566, 1581]}, {"key": "material-adverse-effect-on-the-company", "type": "definition", "offset": [1593, 1631]}, {"key": "payment-of", "type": "definition", "offset": [1667, 1677]}, {"key": "other-distribution", "type": "definition", "offset": [1716, 1734]}, {"key": "in-respect-of", "type": "definition", "offset": [1735, 1748]}, {"key": "shares-of", "type": "clause", "offset": [1754, 1763]}, {"key": "capital-stock-of-the-company", "type": "clause", "offset": [1768, 1796]}, {"key": "direct-or-indirect", "type": "clause", "offset": [1884, 1902]}, {"key": "other-acquisition", "type": "definition", "offset": [1927, 1944]}, {"key": "any-change", "type": "definition", "offset": [1998, 2008]}, {"key": "outstanding-stock", "type": "clause", "offset": [2071, 2088]}, {"key": "security-of-the", "type": "clause", "offset": [2098, 2113]}, {"key": "by-the-company", "type": "clause", "offset": [2161, 2175]}, {"key": "officers-or-directors", "type": "definition", "offset": [2217, 2238]}, {"key": "expense-allowances", "type": "clause", "offset": [2288, 2306]}, {"key": "payable-to", "type": "definition", "offset": [2307, 2317]}, {"key": "any-loan", "type": "clause", "offset": [2466, 2474]}, {"key": "capital-contribution", "type": "definition", "offset": [2487, 2507]}, {"key": "director-of-the-company", "type": "definition", "offset": [2549, 2572]}, {"key": "knowledge-of-the-company", "type": "clause", "offset": [2584, 2608]}, {"key": "business-enterprise", "type": "definition", "offset": [2622, 2641]}, {"key": "material-interest", "type": "definition", "offset": [2692, 2709]}, {"key": "at-the-time", "type": "definition", "offset": [2710, 2721]}, {"key": "material-adverse-development", "type": "clause", "offset": [2788, 2816]}, {"key": "litigation-or-proceeding", "type": "clause", "offset": [2881, 2905]}, {"key": "required-to-be-disclosed", "type": "clause", "offset": [2906, 2930]}, {"key": "material-increase", "type": "clause", "offset": [2990, 3007]}, {"key": "dollar-amount", "type": "definition", "offset": [3025, 3038]}, {"key": "value-added", "type": "clause", "offset": [3132, 3143]}, {"key": "original-equipment-manufacturers", "type": "clause", "offset": [3155, 3187]}, {"key": "claims-for", "type": "clause", "offset": [3231, 3241]}, {"key": "price-adjustments", "type": "definition", "offset": [3242, 3259]}, {"key": "such-party", "type": "clause", "offset": [3352, 3362]}, {"key": "reason-to-believe", "type": "definition", "offset": [3371, 3388]}, {"key": "material-change", "type": "definition", "offset": [3439, 3454]}, {"key": "rights-to-return", "type": "clause", "offset": [3569, 3585]}, {"key": "adjustments-to", "type": "clause", "offset": [3612, 3626]}, {"key": "accounting-methods", "type": "definition", "offset": [3723, 3741]}, {"key": "as-required-by", "type": "clause", "offset": [3794, 3808]}, {"key": "assets-of-the-company", "type": "clause", "offset": [3857, 3878]}, {"key": "accounts-receivable", "type": "definition", "offset": [3937, 3956]}, {"key": "the-value", "type": "clause", "offset": [3975, 3984]}, {"key": "grant-of", "type": "definition", "offset": [4111, 4119]}, {"key": "company-ip-rights", "type": "definition", "offset": [4138, 4155]}, {"key": "licenses-granted", "type": "clause", "offset": [4212, 4228]}], "samples": [{"hash": "fJLPQ0u17jt", "uri": "/contracts/fJLPQ0u17jt#absence-of-certain-changes-or-events", "label": "Merger Agreement (Symantec Corp)", "score": 18.0, "published": true}, {"hash": "9ZHRFhrleqD", "uri": "/contracts/9ZHRFhrleqD#absence-of-certain-changes-or-events", "label": "Merger Agreement (Quarterdeck Corp)", "score": 18.0, "published": true}, {"hash": "1EfpR2TEmqc", "uri": "/contracts/1EfpR2TEmqc#absence-of-certain-changes-or-events", "label": "Merger Agreement (Quarterdeck Corp)", "score": 18.0, "published": true}], "size": 261, "hash": "7e0f449904ed205e9101128e69e3130b", "id": 7}, {"snippet": "Except as set forth in Section 2.9 of the Company Schedule, since March 31, 2000, there has not been (i) any Material Adverse Effect on Company, (ii) any declaration, setting aside or payment of any dividend on, or other distribution (whether in cash, stock or property) in respect of, any of Company's or any of its subsidiaries' capital stock, or any purchase, redemption or other acquisition by Company of any of Company's capital stock or any other securities of Company or its subsidiaries or any options, warrants, calls or rights to acquire any such shares or other securities except for repurchases from employees following their termination pursuant to the terms of their pre-existing stock option or purchase agreements, (iii) any split, combination or reclassification of any of Company's or any of its subsidiaries' capital stock, (iv) any granting by Company or any of its subsidiaries of any material increase in compensation or fringe benefits, except for normal increases of cash compensation in the ordinary course of business consistent with past practice, or any payment by Company or any of its subsidiaries of any bonus, except for bonuses made in the ordinary course of business consistent with past practice, or any granting by Company or any of its subsidiaries of any increase in severance or termination pay or any entry by Company or any of its subsidiaries into any currently effective employment, severance, termination or indemnification agreement or any agreement the benefits of which would be contingent or the terms of which would be materially altered upon the consummation of the transactions contemplated hereby, (v) entry by Company or any of its subsidiaries into any licensing or other agreement with regard to the acquisition or disposition of any Intellectual Property (as defined in Section 2.17) other than licenses and other agreements in the ordinary course of business consistent with past practice and licenses disclosed in Section 2.17(g) of the Company Schedule, (vi) any amendment or consent with respect to any licensing agreement filed or required to be filed by Company with the SEC, (vii) any material change by Company in its accounting methods, principles or practices, except as required by concurrent changes in GAAP, or (viii) any material revaluation by Company of any of its assets, including, without limitation, writing down the value of capitalized inventory or writing off notes or accounts receivable or any sale of assets of Company other than in the ordinary course of business.", "snippet_links": [{"key": "company-schedule", "type": "definition", "offset": [42, 58]}, {"key": "material-adverse-effect-on-company", "type": "definition", "offset": [109, 143]}, {"key": "payment-of", "type": "definition", "offset": [184, 194]}, {"key": "other-distribution", "type": "definition", "offset": [215, 233]}, {"key": "in-respect-of", "type": "definition", "offset": [271, 284]}, {"key": "capital-stock", "type": "definition", "offset": [331, 344]}, {"key": "other-acquisition", "type": "definition", "offset": [377, 394]}, {"key": "other-securities", "type": "clause", "offset": [447, 463]}, {"key": "rights-to-acquire", "type": "clause", "offset": [530, 547]}, {"key": "terms-of", "type": "definition", "offset": [666, 674]}, {"key": "stock-option", "type": "definition", "offset": [694, 706]}, {"key": "purchase-agreements", "type": "definition", "offset": [710, 729]}, {"key": "increase-in-compensation", "type": "clause", "offset": [915, 939]}, {"key": "fringe-benefits", "type": "definition", "offset": [943, 958]}, {"key": "cash-compensation", "type": "definition", "offset": [991, 1008]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [1009, 1043]}, {"key": "consistent-with-past-practice", "type": "clause", "offset": [1044, 1073]}, {"key": "payment-by-company", "type": "clause", "offset": [1082, 1100]}, {"key": "termination-pay", "type": "definition", "offset": [1318, 1333]}, {"key": "agreement-or", "type": "definition", "offset": [1468, 1480]}, {"key": "benefits-of", "type": "clause", "offset": [1499, 1510]}, {"key": "materially-altered", "type": "definition", "offset": [1568, 1586]}, {"key": "contemplated-hereby", "type": "clause", "offset": [1629, 1648]}, {"key": "with-regard-to", "type": "clause", "offset": [1736, 1750]}, {"key": "the-acquisition", "type": "clause", "offset": [1751, 1766]}, {"key": "disposition-of", "type": "clause", "offset": [1770, 1784]}, {"key": "intellectual-property", "type": "definition", "offset": [1789, 1810]}, {"key": "section-217", "type": "definition", "offset": [1826, 1838]}, {"key": "licenses-and-other-agreements", "type": "clause", "offset": [1851, 1880]}, {"key": "amendment-or", "type": "clause", "offset": [2022, 2034]}, {"key": "with-respect-to", "type": "clause", "offset": [2043, 2058]}, {"key": "licensing-agreement", "type": "definition", "offset": [2063, 2082]}, {"key": "the-sec", "type": "definition", "offset": [2129, 2136]}, {"key": "material-change", "type": "definition", "offset": [2148, 2163]}, {"key": "company-in", "type": "clause", "offset": [2167, 2177]}, {"key": "accounting-methods", "type": "definition", "offset": [2182, 2200]}, {"key": "as-required-by", "type": "clause", "offset": [2234, 2248]}, {"key": "changes-in-gaap", "type": "clause", "offset": [2260, 2275]}, {"key": "without-limitation", "type": "clause", "offset": [2356, 2374]}, {"key": "writing-down", "type": "clause", "offset": [2376, 2388]}, {"key": "the-value", "type": "clause", "offset": [2389, 2398]}, {"key": "accounts-receivable", "type": "definition", "offset": [2448, 2467]}, {"key": "assets-of-company", "type": "clause", "offset": [2483, 2500]}], "samples": [{"hash": "jwpLsTUDhbL", "uri": "/contracts/jwpLsTUDhbL#absence-of-certain-changes-or-events", "label": "Agreement and Plan of Reorganization (PMC Sierra Inc)", "score": 18.0, "published": true}, {"hash": "3sEFRFio5Hg", "uri": "/contracts/3sEFRFio5Hg#absence-of-certain-changes-or-events", "label": "Agreement and Plan of Reorganization (Quantum Effect Devices Inc)", "score": 18.0, "published": true}], "size": 213, "hash": "e126dc1a939ef0a9472aa0fc6ff32f6e", "id": 10}], "next_curs": "Cm0SZ2oVc35sYXdpbnNpZGVyY29udHJhY3RzckkLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ii1hYnNlbmNlLW9mLWNlcnRhaW4tY2hhbmdlcy1vci1ldmVudHMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"children": [["", ""], ["liability-incurred", "liability incurred"], ["from-december", "From December"], ["litigation", "Litigation"], ["public-announcements", "Public Announcements"]], "parents": [["representations-and-warranties-of-the-company", "REPRESENTATIONS AND WARRANTIES OF THE COMPANY"], ["representations-and-warranties", "Representations and Warranties"], ["representations-and-warranties-of-seller", "REPRESENTATIONS AND WARRANTIES OF SELLER"], ["representations-and-warranties-of-parent-and-merger-sub", "REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB"], ["representations-and-warranties-of-company", "REPRESENTATIONS AND WARRANTIES OF COMPANY"]], "title": "Absence of Certain Changes or Events", "size": 17924, "id": "absence-of-certain-changes-or-events", "related": [["absence-of-certain-changes-and-events", "Absence of Certain Changes and Events", "Absence of Certain Changes and Events"], ["absence-of-certain-changes", "Absence of Certain Changes", "Absence of Certain Changes"], ["absence-of-changes-or-events", "Absence of Changes or Events", "Absence of Changes or Events"], ["absence-of-certain-changes-events-and-conditions", "Absence of Certain Changes, Events and Conditions", "Absence of Certain Changes, Events and Conditions"], ["absence-of-certain-events", "Absence of Certain Events", "Absence of Certain Events"]], "related_snippets": [], "updated": "2026-10-23T05:59:44+00:00"}, "json": true, "cursor": ""}}