Common use of Adverse Changes Clause in Contracts

Adverse Changes. Since the date of execution of this Agreement, no event or series of events shall have occurred that reasonably would be expected to have or result in a (i) an adverse effect on the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on the results of operations, assets, business or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a whole;

Appears in 18 contracts

Samples: Securities Purchase Agreement (Dor Biopharma Inc), Securities Purchase Agreement (Dor Biopharma Inc), Securities Purchase Agreement (Emerge Interactive Inc)

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Adverse Changes. Since the date of execution of this Agreement, no event or series of events shall have occurred that reasonably would be expected to have or result in a (i) an adverse effect on the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on the results of operations, assets, business or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a whole;; and

Appears in 3 contracts

Samples: Securities Purchase Agreement (Generex Biotechnology Corp), Securities Purchase Agreement (Generex Biotechnology Corp), Securities Purchase Agreement (Generex Biotechnology Corp)

Adverse Changes. Since the date of execution of this Agreement, no event or series of events shall have occurred that reasonably would be expected to have or result in a (i) an adverse effect on the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on the results of operations, assets, business or condition (financial or otherwise) of the Company and the SubsidiariesCompany, taken as a whole;

Appears in 2 contracts

Samples: Securities Purchase Agreement (Emerge Interactive Inc), Securities Purchase Agreement (Emerge Interactive Inc)

Adverse Changes. Since the date of execution of this --------------- Agreement, no event or series of events shall have occurred that reasonably would be expected to have or result in a (i) an adverse effect on the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on the results of operations, assets, business or condition (financial or otherwise) of (i) the Company Borrower, (ii) any Subsidiary party to a Transaction Document, or (iii) the Borrower and the Subsidiaries, taken as a whole;

Appears in 2 contracts

Samples: Loan and Warrant Agreement (Zoltek Companies Inc), Loan and Warrant Agreement (Zoltek Companies Inc)

Adverse Changes. Since the date of execution of this Agreement, no event or series of events shall have occurred that reasonably would be expected to could have or result in a (i) an adverse effect on the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on the results of operations, assets, business or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a wholeMaterial Adverse Effect;

Appears in 2 contracts

Samples: Securities Purchase Agreement (Oxygen Biotherapeutics, Inc.), Securities Purchase Agreement (inContact, Inc.)

Adverse Changes. Since the date of execution of this Agreementagreement, no event or series of events shall have occurred that reasonably would be expected to could have or result in a (i) an material adverse effect on the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on change with respect to the results of operations, assets, business company or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a wholesubsidiaries;

Appears in 1 contract

Samples: Securities Purchase Agreement (Longhai Steel Inc.)

Adverse Changes. Since the date of execution of this --------------- Agreement, no event or series of events shall have occurred that reasonably would be expected to have or result in a (i) an adverse effect on the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on the results of operations, assets, business or condition (financial or otherwise) of (i) the Company Borrower, (ii) Opco, or (iii) the Borrower and the Subsidiaries, taken as a whole;

Appears in 1 contract

Samples: Loan and Warrant Agreement (Zoltek Companies Inc)

Adverse Changes. Since the date of execution of --------------- this Agreement, no event or series of events shall have occurred that reasonably would be expected to have or result in a (i) an adverse effect on the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on the results of operations, assets, business or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a whole;

Appears in 1 contract

Samples: Securities Purchase Agreement (Zoltek Companies Inc)

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Adverse Changes. Since the date of execution of this Agreement, no event or series of events shall have occurred that reasonably would be expected to have or result in a (i) an adverse effect on the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on the results of operations, assets, business or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a wholeMaterial Adverse Effect;

Appears in 1 contract

Samples: Securities Purchase Agreement (Elio Motors, Inc.)

Adverse Changes. Since the date of execution of this Agreement, no event or series of events shall have occurred that has had or reasonably would could be expected to have or result in a (i) an adverse effect on Material Adverse Effect and no circumstance, development, event, condition or occurrence that, individually or in the legalityaggregate, validity has had or enforceability of any Transaction Document, or (ii) could reasonably be expected to have a material and adverse effect on the results of operations, assets, liabilities, business or condition (financial or otherwise) of the Company Stream and the Subsidiariesits subsidiaries, taken as a whole, shall have occurred;

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Global BPO Services Corp)

Adverse Changes. Since the date of execution of this Agreement, no event or series of events shall have occurred that reasonably would be expected to have or result in a (i) an material adverse effect on upon the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on the results of operations, assets, business or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a whole;Company; and

Appears in 1 contract

Samples: Securities Purchase (Chase Packaging Corp)

Adverse Changes. Since the date of execution of this Agreement, no event or series of events shall have occurred that reasonably would be expected to could have or result in a (i) an adverse effect on the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on the results of operations, assets, business or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a whole;Material Adverse Effect; and

Appears in 1 contract

Samples: Right Agreement (Bullfrog Gold Corp.)

Adverse Changes. Since the date of execution of this Agreement, no event or series of events shall have occurred that reasonably would be expected to have or result in a (i) an adverse effect on the legality, validity or enforceability of any Transaction Document, or (ii) a material and adverse effect on the results of operations, assets, business or condition (financial or otherwise) of the Company and the Subsidiaries, taken as a wholewhole (it being understood that this subclause shall not be triggered by any decrease in the market price of the Common Stock);

Appears in 1 contract

Samples: Securities Purchase Agreement (Valentis Inc)

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