Common use of Changes in Operation Clause in Contracts

Changes in Operation. Except for conditions affecting the cable television industry as a whole or in the State of Michigan and except for the transfer by Michigan to New LLC of the CATV Business or the transfer by Michigan of a Retained Franchise in accordance with Section 9.07(a), (i) since November 30, 1999, Transferor has operated the CATV Business only in the ordinary course of business in all material respects consistent with past practices, and no material assets previously used therein have been disposed of except in the ordinary course of business, and (ii) since the date of the Interim Financial Statements there has been no material adverse change in the business, financial condition or results of operations of the Transferor.