Common use of Interim Changes Clause in Contracts

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

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Enviro Voraxial Technology Inc), Agreement and Plan of Reorganization (Enviro Voraxial Technology Inc), Agreement and Plan of Reorganization (Enviro Voraxial Technology Inc)

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Interim Changes. Since the date dates of its balance sheetsheets, except as set forth in Exhibit C, there have been no (1) changes in financial condition, assets, liabilities or business or ISI of Capital Growth which, in the aggregate, have been materially adverse; (2) damages, destruction or losses of or to property of ISICapital Growth, payments of any dividend or other distribution in respect of any class of stock of ISICapital Growth, or any direct or indirect redemption, purchase or other acquisition of any class of any such stock; or (3) increases paid or agreed to in the compensation, retirement benefits or other commitments to its employees.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Capital Growth Inc)

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