Common use of Interim Changes Clause in Contracts

Interim Changes. Since the date of the trial balance sheet, except as set forth in Exhibit E, there have been no (1) changes in the financial condition, assets, liabilities or business of LDM, in the aggregate, have been materially adverse; (2) damages, destruction or loss of or to the property of LDM, payment of any dividend or other distribution in respect of the capital stock of LDM, or any direct or indirect redemption, purchase or other acquisition of any such stock; or (3) increases paid or agreed to in the compensation, retirement benefits or other commitments to their employees.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Cybertel Communications Corp), Agreement and Plan of Reorganization (Cybertel Communications Corp)

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Interim Changes. Since the date of the trial balance sheet, except as set forth in Exhibit EF, there have been no (1) changes in the financial condition, assets, liabilities or business of LDMLDVL, in the aggregate, have been materially adverse; (2) damages, destruction or loss of or to the property of LDMLDVL, payment of any dividend or other distribution in respect of the capital stock of LDMLDVL, or any direct or indirect redemption, purchase or other acquisition of any such stock; or (3) increases paid or agreed to in the compensation, retirement benefits or other commitments to their employees.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Cybertel Communications Corp), Agreement and Plan of Reorganization (Cybertel Communications Corp)

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Interim Changes. Since the date of the trial balance sheet, except as set forth in Exhibit E, there have been no (1) changes in the financial condition, assets, liabilities or business of LDMWARP, in the aggregate, have been materially adverse; (2) damages, destruction or loss of or to the property of LDMWARP, payment of any dividend or other distribution in respect of the capital stock of LDMWARP, or any direct or indirect redemption, purchase or other acquisition of any such stock; or (3) increases paid or agreed to in the compensation, retirement benefits or other commitments to their employees.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Warpradio Com Inc)

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