Common use of No Adverse Developments Clause in Contracts

No Adverse Developments. During the period from March 31, 2008, to the Effective Date, there shall not have been any Material Adverse Effect with respect to Purchaser, and UTS shall have received a certificate dated the date of the Effective Date signed by either the president or an executive vice president of Purchaser to the foregoing effect. The delivery of such officer's certificate shall in no way diminish the warranties and representations of Purchaser made in this Agreement.

Appears in 3 contracts

Sources: Share Exchange Agreement (Dynamic Natural Resources Inc.), Share Exchange Agreement (Dynamic Natural Resources Inc.), Share Exchange Agreement (Dynamic Natural Resources Inc.)