Common use of No Material Changes, Etc Clause in Contracts

No Material Changes, Etc. Since the Balance Sheet Date there have occurred no material adverse changes in the financial condition or business of the Borrowers as shown on or reflected in the consolidated balance sheet of the Borrowers as at the Balance Sheet Date or the consolidated statements of income for the periods then ended other than changes in the ordinary course of business which have not had a material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowers. Since the Balance Sheet Date there has not been any Restricted Payment.

No Material Changes, Etc. Since the Balance Sheet Date Date, there have occurred no material adverse changes in the financial condition or business of the Borrowers as shown on or reflected in the consolidated balance sheet of the Borrowers such corporations as at the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended other than changes in the ordinary course of business which have not had a any material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowersany Borrower. Since the Balance Sheet Date Date, there has not been any Restricted PaymentDistribution.

No Material Changes, Etc. Since the Balance Sheet Date Date, there have has occurred no material adverse changes change in the financial condition or business of the Borrowers Borrower or its Subsidiaries as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower and its Subsidiaries as at the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended ended, other than changes in the ordinary course of business which that have not had a material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowers. Since the Balance Sheet Date there has not been any Restricted PaymentMaterial Adverse Effect.

No Material Changes, Etc. Since the Balance Sheet Date Date, there have occurred no material adverse changes in the financial condition or business businesses of the Borrowers Borrowers, taken as a whole, as shown on or reflected in the consolidated balance sheet of the Borrowers as at of the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended other than changes in the ordinary course of business which have not had a material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowersended. Since the Balance Sheet Date Date, there has have not been any Restricted PaymentDistributions other than as permitted by Section 7.6 hereof.

No Material Changes, Etc. Since the Balance Sheet Date Date, there have has occurred no material materially adverse changes change in the financial condition or business of the Borrowers each Person as shown on or reflected in the consolidated respective balance sheet of the Borrowers as at the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended ended, other than changes in the ordinary course of business which that have not had a any material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowers. Since the Balance Sheet Date there has not been any Restricted Paymentsuch Person.

No Material Changes, Etc. Since the Balance Sheet Date Date, there have has occurred no material materially adverse changes change in the financial condition or business of the Borrowers Borrower, DTS or its Subsidiaries as shown on or reflected in the consolidated balance sheet of the Borrowers DTS and its Subsidiaries as at of the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended ended, other than changes in the ordinary course of business which that have not had a material any materially adverse effect either individually or in the aggregate on the business or financial condition of the Borrowers. Since the Balance Sheet Date there has not been any Restricted PaymentBorrower, DTS or its Subsidiaries.

No Material Changes, Etc. Since the Balance Sheet Date there have has occurred no material materially adverse changes change in the financial condition or business of the Borrowers Borrower and its Subsidiaries as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower and its Subsidiaries as at the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal quarter then ended other than changes in the ordinary course of business which have not had a material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowersended. Since the Balance Sheet Date there Date, the Borrower has not been made any Restricted PaymentDistributions except for Distributions to shareholders for the payment of dividends on Series B Preferred Stock of the Borrower.

No Material Changes, Etc. Since the Balance Sheet Date there have has occurred no material materially adverse changes change in the financial condition or business of the Borrowers Borrower and its Subsidiaries as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower and its Subsidiaries as at the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended other than changes in the ordinary course of business which have not had a material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowers. Since the Balance Sheet Date there has not been any Restricted Payment.ended,

No Material Changes, Etc. Since the Balance Sheet Date Date, there have occurred no material adverse changes in the financial condition or business businesses of the Borrowers Borrowers, taken as a whole, as shown on or reflected in the consolidated balance sheet of the Borrowers as at of the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal period then ended other than changes in the ordinary course of business which have not had a material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowersended. Since the Balance Sheet Date Date, there has have not been any Restricted PaymentDistributions other than as permitted by SECTION 8.6 hereof.

No Material Changes, Etc. Since the Balance Sheet Date there have has occurred no material adverse changes in the financial condition or business of the Borrowers Material Adverse Change as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower and its Subsidiaries as at the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended ended, other than changes in the ordinary course of business which that have not had a material adverse effect either individually or in the aggregate Material Adverse Effect. Except as set forth on the business or financial condition of the Borrowers. Since SCHEDULE 7.5, since the Balance Sheet Date there Date, the Borrower has not been made any Restricted PaymentDistributions.

No Material Changes, Etc. Since the Balance Sheet Date there have has occurred no material adverse changes change in the financial condition or business of the Borrowers Borrower and its Subsidiaries as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower and its Subsidiaries as at the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended other than changes in the ordinary course of business which would have not had a material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowers. Since the Balance Sheet Date there has not been any Restricted PaymentMaterially Adverse Effect.

No Material Changes, Etc. Since the Balance Sheet Date Date, there have occurred no material adverse changes in the financial condition or business businesses of the Borrowers Borrowers, taken as a whole, as shown on or reflected in the consolidated balance sheet of the Borrowers as at of the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended other than changes in the ordinary course of business which have not had a material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowersended. Since the Balance Sheet Date Date, there has have not been any Restricted Payment.Distributions other than as permitted by Section 7.6 hereof. 39 -34-

No Material Changes, Etc. Since the Balance Sheet Date Date, there have has occurred no material materially adverse changes change in the financial condition or business of the Borrowers Borrower or its Subsidi aries as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower as at of the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended ended, other than changes in the ordinary course of business which that have not had a material any materially adverse effect either individually or in the aggregate on the business or financial condition of the Borrowers. Since the Balance Sheet Date there has not been any Restricted PaymentBorrower.

No Material Changes, Etc. Since the Balance Sheet Date Date, there have occurred no material adverse changes in the financial condition or business businesses of the Borrowers Borrowers, taken as a whole, as shown on or reflected in the consolidated balance sheet of the Borrowers as at of the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal period then ended other than changes in the ordinary course of business which have not had a material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowersended. Since the Balance Sheet Date Date, there has have not been any Restricted PaymentDistributions other than as permitted by ss.7.6 hereof.

No Material Changes, Etc. Since the Balance Sheet Date Date, there have has occurred no material adverse changes change in the financial condition or business of the Borrowers each Person as shown on or reflected in the consolidated respective balance sheet of the Borrowers as at the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended ended, other than changes in the ordinary course of business which that have not had a material any adverse effect either individually or in the aggregate on the business or financial condition of the Borrowers. Since the Balance Sheet Date there has not been any Restricted Paymentsuch Person.

No Material Changes, Etc. Since the Balance Sheet Date Date, there have has occurred no material adverse changes change in the financial condition or business of the Borrowers Company or its Subsidiaries as shown on or reflected in the consolidated balance sheet of the Borrowers Company and its Subsidiaries as at the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended ended, other than changes in the ordinary course of business which that have not had a material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowers. Since the Balance Sheet Date there has not been any Restricted PaymentMaterial Adverse Effect.

No Material Changes, Etc. Since the Balance Sheet Date there have has occurred no material materially adverse changes change in the financial condition or business of the Borrowers Borrower, the Guarantors and their Subsidiaries, taken as a whole, as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower and its Subsidiaries as at the Balance Sheet Date Date, or the consolidated statements statement of income for the periods fiscal year then ended ended, other than changes in the ordinary course of business which that have not had a material adverse effect either individually or in the aggregate on the business or financial condition of the Borrowersany Material Adverse Effect. Since the Balance Sheet Date there Date, the Borrower has not been made any Restricted PaymentDistributions.