Common use of Adverse Development Clause in Contracts

Adverse Development. There shall have been no developments in the business of the Company which would be reasonably likely to have a Material Adverse Effect.

Appears in 5 contracts

Sources: Securities Purchase Agreement (Warburg Pincus Private Equity IX, L.P.), Securities Purchase Agreement (Allos Therapeutics Inc), Securities Purchase Agreement (Inspire Pharmaceuticals Inc)

Adverse Development. There shall have been no developments in the business of the Company or any of its Subsidiaries which would be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Sources: Securities Purchase Agreement (Nyfix Inc)

Adverse Development. There shall have been no developments in the business of the Company or its Subsidiary which would be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Sources: Securities Purchase Agreement (Neurogen Corp)

Adverse Development. There shall have been no developments in the business of the Company which would be reasonably likely to in the opinion of the Purchasers could have a Material Adverse Effect.

Appears in 1 contract

Sources: Note Purchase Agreement (Mortgageit Holdings Inc)

Adverse Development. There shall have been no developments in the business of the Company which in the opinion of the Investors would be reasonably likely to have a Material Adverse Effect.

Appears in 1 contract

Sources: Securities Purchase Agreement (Yellow Brix Inc)