Events Subsequent to the Balance Sheet Date Sample Clauses

Events Subsequent to the Balance Sheet Date. Except as set forth on the Disclosure Schedule, or in the Seller Financial Statements, since the Balance Sheet Date, Seller has not, in excess of $5,000 (i) issued any equity interest, (ii) borrowed any amount or incurred or become subject to any material liability (absolute, accrued or contingent), except liabilities under contracts entered into in the ordinary course of business, (iii) discharged or satisfied any lien or encumbrance or incurred or paid any obligation or liability (absolute, accrued or contingent) other than current liabilities shown on the Seller Financial Statements and incurred in the ordinary course of business, (iv) declared or made any payment, other than ordinary payments of compensation in amounts consistent with the historic levels, or distributions to Shareholder or purchased or redeemed any Shares or other equity interests, except for the exercise of stock options or similar rights, (v) mortgaged, pledged or subjected to lien any of its assets, tangible or intangible, other than liens of current real property taxes not yet due and payable or such liabilities or obligations which would not have a Material Adverse Effect on Seller, (vi) sold, assigned or transferred any of its tangible assets except in the ordinary course of business, or canceled any material debt or claim, except in the ordinary course of business, in an individual amount in excess of $2,500, or $7,500 in the aggregate, (vii) sold, assigned, transferred or granted any license with respect to any patent, trademark, trade name, service xxxx, copyright, trade secret or other intangible asset, except pursuant to license or other agreements entered into in the ordinary course of business, in an individual amount in excess of $2,500, or $7,500 in the aggregate, (viii) suffered any material loss of property or knowingly waived any right of substantial value whether or not in the ordinary course of business, (ix) made any change in officer compensation, (x) made any material change in the manner of business or operations of Seller, (xi) entered into any transaction except in the ordinary course of business or as otherwise contemplated hereby, or (xii) entered into any commitment (contingent or otherwise) to do any of the foregoing.
AutoNDA by SimpleDocs
Events Subsequent to the Balance Sheet Date. Since the Balance Sheet Date, neither TASA nor any TASA Subsidiary has (a) issued any stock, bond or other corporate security (including without limitation securities convertible into or rights to acquire capital stock of any of them), (b) borrowed any amount or incurred or become subject to any liability (absolute, accrued or contingent), except current liabilities incurred, liabilities under contracts entered into, borrowings under the banking facilities disclosed on the TASA Disclosure Schedule and liabilities in respect of letters of credit issued under such banking facilities, all of which were in the ordinary course of business, (c) discharged or satisfied any lien or encumbrance or incurred or paid any obligation or liability (absolute, accrued or contingent) other than current liabilities shown on the most recent balance sheet included in the Financial Statements and current liabilities incurred since the Balance Sheet Date in the ordinary course of business, (d) except as disclosed in the TASA Disclosure Schedule, declared or made any payment or distribution to shareholders or purchased or redeemed any shares of its capital stock or other securities, (e) mortgaged, pledged or subjected to lien any of its assets, tangible or intangible, other than liens of current real property taxes not yet due and payable, (f) sold, assigned or transferred any of its tangible assets except in the ordinary course of business, or canceled any debt or claim, (g) sold, assigned, transferred or granted any license with respect to any patent, trademark, trade name, service xxxx, copyright, trade secret or other intangible asset, (h) suffered any loss of property in excess of $25,000 in the aggregate or waived any right of substantial value whether or not in the ordinary course of business, (i) suffered any adverse change in its relations with, or any loss or threatened loss of, any of its suppliers, or its customers disclosed pursuant to Section 2.22, (j)(i) granted any severance or termination pay to any of its directors, officers or employees, (ii) entered into any employment, deferred compensation or other similar agreement (or any amendment to any such existing agreement) or arrangement with any of its directors, officers or employees, (iii) increased any benefits payable under any existing severance or termination pay policies or employment agreements, or (iv) increased the compensation, bonus or other benefits payable to any of its directors or officers or, other...
Events Subsequent to the Balance Sheet Date. Except as set forth on Schedule 2.09, since the Balance Sheet Date:
Events Subsequent to the Balance Sheet Date. Since the Balance Sheet Date, the Target Companies and the Target Subsidiaries have operated in the Ordinary Course of Business and there has not been a change, event, development or effect which, individually or in the aggregate, has had a Material Adverse Change. Without limiting the generality of the foregoing, since that date:
Events Subsequent to the Balance Sheet Date. Since March 31, 2008:
Events Subsequent to the Balance Sheet Date. Except as set forth on Schedule 2.09, since September 30, 2005:
Events Subsequent to the Balance Sheet Date. Since the Balance Sheet Date there has not been (i) any material adverse change in the financial condition of the Seller's Business, (ii) any fact, situation, circumstance, status, condition, activity, practice, plan, occurrence, event, incident, action, failure to act, or transaction outside the Ordinary Course of Business with respect to the Seller's Business or (iii) any fact, situation, circumstance, status, condition, activity, practice, plan, occurrence, event, incident, action, failure to act or transaction which with the passage of time would reasonably be expected to result in a material adverse change in the financial condition of the Seller's Business.
AutoNDA by SimpleDocs
Events Subsequent to the Balance Sheet Date. Since the Balance Sheet Date, there has not been any adverse change in the business, financial condition, operations, results of operations, future prospects or anticipated profitability of Prestige. Without limiting the generality of the foregoing, since that date:
Events Subsequent to the Balance Sheet Date. Except to the extent ------------------------------------------- provided for in Sections 3.10, 3.11, 3.12, 3.13, 3.25 and 6.6 there has not -------- ---- ---- ---- ---- ---- --- been since the Balance Sheet Date:
Events Subsequent to the Balance Sheet Date. Since the Balance Sheet Date, there has not been any Material Adverse Change. Without limiting the generality of the foregoing, since that date neither Target nor any of its Subsidiaries has engaged in any practice, taken any action, or entered into any transaction outside the Ordinary Course of Business.
Time is Money Join Law Insider Premium to draft better contracts faster.