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 businesses of the Borrowers, taken as a whole, as shown on or reflected in the consolidated balance sheet of the Borrowers as of the Balance Sheet Date, or the consolidated statement of income for the fiscal year then ended. Since the Balance Sheet Date, there have not been any Distributions other than as permitted by Section 7.6 hereof.

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

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 businesses business of the Borrowers, taken as a whole, Borrower and its Subsidiaries as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower and its Subsidiaries as of at the Balance Sheet Date, or the consolidated statement of income for the fiscal year quarter then ended. Since the Balance Sheet Date, there have the Borrower has not been made any Distributions other than as permitted by Section 7.6 hereofexcept 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 occurred no material adverse changes in the financial condition or businesses of the Borrowers, taken as a whole, as shown on or reflected in the consolidated balance sheet of the Borrowers as of the Balance Sheet Date, or the consolidated statement of income for the fiscal year period then ended. Since the Balance Sheet Date, there have not been any Distributions other than as permitted by Section 7.6 ss.7.6 hereof.

No Material Changes, Etc. Since the Balance Sheet Date, there have occurred no material adverse changes in the financial condition or businesses of the Borrowers, taken as a whole, as shown on or reflected in the consolidated balance sheet of the Borrowers as of the Balance Sheet Date, or the consolidated statement of income for the fiscal year then ended. Since the Balance Sheet Date, there have not been any 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 businesses business of the Borrowers, taken as a whole, Borrower and its Subsidiaries as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower and its Subsidiaries as of at the Balance Sheet Date, or the consolidated statement of income for the fiscal year then ended. Since the Balance Sheet Date, there have not been any Distributions other than as permitted by Section 7.6 hereof.,

No Material Changes, Etc. Since the Interim Balance Sheet Date, there have occurred no material adverse changes in the financial condition or businesses of the Borrowers, taken as a whole, as shown on or reflected in the consolidated balance sheet of the Borrowers as of the Interim Balance Sheet Date, or the consolidated statement of income for the fiscal year then ended. Since the Interim Balance Sheet Date, there have not been any Distributions 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 businesses business of the BorrowersBorrower, 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 of at the Balance Sheet Date, or the consolidated statement of income for the fiscal year then ended, other than changes in the ordinary course of business that have not had any Material Adverse Effect. Since the Balance Sheet Date, there have the Borrower has not been made any Distributions other than as permitted by Section 7.6 hereofDistributions.

No Material Changes, Etc. Since the Balance Sheet Date, there have occurred no material adverse changes in the business, assets or financial condition or businesses of the Borrowers, taken as a whole, Borrower and its Subsidiaries as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower as of at the Balance Sheet Date, or other than those described on Schedule 8.6 attached hereto and those disclosed in writing to the consolidated statement of income for Banks prior to the fiscal year then ended. Since the Balance Sheet Effective Date, there and all of such changes in the aggregate, have not been any Distributions other than as permitted by Section 7.6 hereofmaterially adverse.

No Material Changes, Etc. Since the Balance Sheet Date, there have occurred no material adverse changes in the financial condition or businesses of the Borrowers, taken as a whole, as shown on or reflected in the consolidated balance sheet of the Borrowers as of the Balance Sheet Date, or the consolidated statement of income for the fiscal year period then ended. Since the Balance Sheet Date, there have not been any Distributions other than as permitted by Section 7.6 SECTION 8.6 hereof.

No Material Changes, Etc. Since the Balance Sheet Date, Date there have has occurred no material adverse changes in the financial condition or businesses of the Borrowers, taken as a whole, Material Adverse Change as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower and its Subsidiaries as of at the Balance Sheet Date, or the consolidated statement of income for the fiscal year then ended, other than changes in the ordinary course of business that have not had Material Adverse Effect. Since Except as set forth on SCHEDULE 7.5, since the Balance Sheet Date, there have the Borrower has not been made any Distributions other than as permitted by Section 7.6 hereofDistributions.

No Material Changes, Etc. Since the Balance Sheet Date, Date there have has occurred no material adverse changes change in the financial condition or businesses business of the Borrowers, taken as a whole, Borrower and its Subsidiaries as shown on or reflected in the consolidated balance sheet of the Borrowers Borrower and its Subsidiaries as of at the Balance Sheet Date, or the consolidated statement of income for the fiscal year then ended. Since the Balance Sheet Date, there ended which would have not been any Distributions other than as permitted by Section 7.6 hereofa Materially Adverse Effect.