Definition of Material Adverse Effect. MATERIAL ADVERSE EFFECT" with respect to a party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of the party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
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Samples: Securities Purchase Agreement and Plan of Reorganization (Pu Chong Liang), Securities Purchase Agreement (Literary Playpen Inc), Securities Purchase Agreement (Discovery Investments Inc)
Definition of Material Adverse Effect. MATERIAL ADVERSE EFFECT" with respect to a party means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of the that party taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
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Samples: Agreement and Plan of Merger (Seven Ventures Inc), Agreement and Plan of Merger (Penge Corp)
Definition of Material Adverse Effect. MATERIAL ADVERSE EFFECT" with respect to a party the Company means a material adverse change in or effect on the business, operations, financial condition, properties or liabilities of the party Company taken as a whole; provided, however, that a Material Adverse Effect will not be deemed to include (i) changes as a result of the announcement of this transaction, (ii) events or conditions arising from changes in general business or economic conditions or (iii) changes in generally accepted accounting principles.
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