No Substantial Damage. There shall have been no physical damage to any of the Assets between the Effective Date and the Closing Date which, in the Purchaser's reasonable opinion would materially and adversely affect the value of the Assets, except and to the extent approved in writing by the Purchaser or to the extent that such damage is covered by insurance and the insurance proceeds are assigned to the Purchaser.
No Substantial Damage. On the Closing Date, no substantial physical damage shall have occurred to the Assets which would have a material adverse effect on the aggregate value of the Assets;
No Substantial Damage there shall have been no damage to or alteration of any of the Assets between the date of this Agreement or the Effective Date, whichever is earlier, and the Closing Time which, in Purchaser's reasonable opinion, would materially and adversely affect the value of the Assets, except as and to the extent approved in writing by Purchaser, and Vendor shall have delivered to Purchaser Vendor's certificate, substantially in the form of Schedule "K" dated as of the Closing Date, that there has been no such damage to or alteration of any of the Assets during such period, provided that a change in the prices at which Petroleum Substances may be sold shall in no event be regarded as material damage to or an alteration of the Assets;
No Substantial Damage. There shall have been no damage to or alteration of any of the Assets between the date of this Agreement and the Effective Date, whichever is earlier, and the Closing Date which, in the Purchaser’s reasonable opinion, would materially and adversely affect the value of the Assets, except and to the extent approved in writing by the Purchaser, provided that a change in the prices at which Petroleum Substances may be sold in no event shall be regarded as material damage to or an alteration of the Assets;
No Substantial Damage. No substantial damage by fire or other hazard to the Assets, which in the opinion of Nami is material, shall have occurred prior to the Time of Closing. 7.04
No Substantial Damage. The Purchaser shall have been satisfied, acting reasonably that no damage (including environmental damage) to or alteration of any of the Assets shall have occurred between the Effective Date and the Closing Date which, in the Purchaser's reasonable opinion, would materially and adversely affect the value of the Assets;
No Substantial Damage. There shall have been no damage to or alteration of any of the Assets between the Effective Date and the Closing Date which, in the Purchaser's reasonable opinion, would materially and adversely affect the value of the Assets, except and to the extent approved in writing by the Purchaser, provided that a change in the prices at which Petroleum Substances may be sold in no event shall be regarded as material damage to or an alteration of the Assets. In addition, the Vendor shall have delivered to the Purchaser a certificate of a senior officer of the Vendor in the form of Schedule "D";
No Substantial Damage. There shall have been no damage to or --------------------- alteration of any of the Assets between the Effective Date and the Closing Date which, in the Purchaser's reasonable opinion, would materially and adversely affect the value of the Assets, except and to the extent approved in writing by the Purchaser. In addition, the Seller shall have delivered to the Purchaser a certificate of a senior officer of the Seller in the form of Schedule "I";
No Substantial Damage. For purposes of this Section, the words "substantially damaged" mean damage that in Seller's reasonable judgment would cost One Million Dollars ($1,000,000.00) or more to repair. In the event the Property is not substantially damaged, (i) Buyer shall proceed with the purchase of the Property (subject to the other conditions of this Agreement), and there will be no reduction in the Purchase Price and (ii) Seller may elect to either (A) retain the proceeds of all insurance related to such damage and promptly commence to repair such damage or destruction; such repair to be completed either before Closing or before the end of the Lease term pursuant to the provisions of the Lease and Seller will be responsible for good, workmanlike and lien-free completion of such repairs or (B) assign
No Substantial Damage. 15 (k) No Material Adverse Change ............................... 15 (l)
