Common use of No Material Adverse Effects Clause in Contracts

No Material Adverse Effects. To Seller's knowledge, except as disclosed in a Company SEC Report or other publicly released announcement, no events have occurred since the end of Checkers' last fiscal year that, singly or in the aggregate, would reasonably be expected to result in a material adverse change in the condition (financial or otherwise), net assets, business or prospects of Checkers and its subsidiaries taken as a whole (a "Checkers Material Adverse Effect") or a material adverse effect on the ability of the Sellers to perform their obligations under this Agreement (a "Seller Material Adverse Effect").