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.
Appears in 2 contracts
Sources: Share Purchase Agreement, Share Purchase Agreement (Kongzhong Corp)
Changes in Net Assets. Since the Balance Sheet Date and at all times up to the date of the Closing, no material changes have occurred in the assets and liabilities (whether actual or contingent) shown in the Financial Statements Statements, 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 any of the Group Companies on the basis of the valuations adopted in the Financial Statements.
Appears in 2 contracts
Sources: Series B Preferred Share Subscription Agreement (Bona Film Group LTD), Subscription Agreement (Bona Film Group LTD)
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.
Appears in 1 contract