Changes in Net Assets Sample Clauses
Changes in Net Assets. Since the Latest Accounts Date and at all times up to the Completion Date, no material change has occurred to the assets and liabilities (whether actual or contingent) shown in the Existing Financial Statements and there has been no material reduction in the value of the Assets of any Group Member.
Changes in Net Assets. Since the Balance Sheet Date and at all times up to the date of Closing, no material changes have occurred in the assets and liabilities (whether actual or contingent) shown in the Financial Statements and there has been no material reduction in the value of the net tangible assets of any of the Group Companies on the basis of the valuations adopted in the Financial Statements.
Changes in Net Assets. Since the Management Accounts Date and at all times up to the date of the First Closing, no material changes have occurred in the assets and liabilities (whether actual or contingent) shown in the Management Accounts, other than changes in the usual and ordinary course of business, and there has been no material reduction in the value of the net tangible assets of the Group Companies on the basis of the valuations adopted in the Management Accounts.