No Material Adverse Change there has been no material adverse change in its financial condition or operations since 31st December, 1997 nor in the consolidated financial condition or operations of it and its subsidiaries since that date; and
No Material Adverse Change. No material adverse change has occurred in the existing or prospective financial condition, business, assets or liabilities of the Borrower.
No Material Adverse Change no Material Adverse Change occurs between the date of this Agreement and 8.00am on the Implementation Date”;
Examples of No Material Adverse Change in a sentence
The representations, warranties and covenants of Lessee set forth in the Lease are true and correct as of the date hereof.(vii) No Material Adverse Change has occurred since the date of the execution and delivery of the Lease.
No Material Adverse Change 3.4 Between the Announcement Date and the end of the Offer Period (each inclusive) there not having occurred, or been announced or become known to the Bidder or the Target (whether or not becoming public) a Material Adverse Change.
No Material Adverse Change Since the date of the Issuer's incorporation, there has been no material adverse change, or any development reasonably likely to involve any material adverse change in the condition (financial or otherwise) of the Issuer.
No Material Adverse Change has occurred since the date of such financial statements.
No Material Adverse Change shall have occurred and be continuing.
More Definitions of No Material Adverse Change
No Material Adverse Change means that between the date of the Interim Balance Sheet and the Closing, the business, operations, assets, properties and prospects of Seller and the Business shall have not been, or threatened to be, materially and adversely affected in any way as a result of any event, occurrence, act or omission.
No Material Adverse Change. No material adverse change shall occur in the affairs, operations or business of Canetic and its subsidiaries, taken as a whole, from and after the date hereof and prior to the Effective Date, and no material adverse change in the financial condition of Canetic and its subsidiaries, taken as a whole, shall have occurred prior to the date hereof or shall occur from and after the date hereof and prior to the Effective Date from that reflected in the audited consolidated financial statements of Canetic for the fiscal year ending December 31, 2006 or in the unaudited financial statements of Canetic for the fiscal period ending June 30, 2007 (other than a material adverse change resulting from: (i) conditions affecting the oil and gas industry generally in jurisdictions in which it carries on business, including changes in commodity prices, royalties, laws or taxes; (ii) general or economic, financial, currency exchange, securities or commodities market conditions; (iii) any matter which was publicly disclosed or which was communicated in writing to Penn West by Canetic prior to the date of this agreement; or (iv) any matter permitted by this agreement, the Disclosure Letter or the Transaction Agreement, or consented to by Penn West) ("Canetic Material Adverse Change").
No Material Adverse Change no Material Adverse Change has occurred;
No Material Adverse Change there has been no material adverse change in its financial condition or operations since the date of its last published annual report;
No Material Adverse Change there has been no material adverse change in the financial condition or operations of ATI since 13th October, 1999; and
No Material Adverse Change. No Material Adverse Change shall have occurred between the date of the Transaction Agreement and until settlement of the Offer. For this purpose, "Material Adverse Change" shall mean any fact, circumstance, development, event or change which individually or in aggregate is, or is reasonably likely to be, materially adverse to the business, assets, operations, condition (financial or otherwise), prospects or results of operation of the Group (taken as a whole), excluding any fact, circumstance, development, event or change related to or resulting from (A) changes that affect the industry in which the Group operates generally, and any changes in the general economic, business, or market conditions or financial or capital markets, unless such changes affect the Group disproportionally compared to its peers or (B) the announcement, existence or completion of the Offer or any action taken by the Offeror or its affiliates. If, as a result of the Offer, the Offeror acquires and holds 90% or more of all Shares (excluding treasury shares owned by the Company), the Offeror will have the right, and intends to, carry out a compulsory acquisition of the remaining Shares. Alternatively, if the Offeror owns more than one third but less than 90% of the Shares following completion of the Offer (such situation requiring a waiver of the minimum acceptance condition to be resolved by the Offeror in its sole discretion), the Offeror will be required to make a mandatory offer for the remaining Shares in accordance with Section 6 of the Norwegian Securities Trading Act. Furthermore, if, as a result of the Offer or otherwise, the Offeror holds a sufficient majority of the Shares, the Offeror intends to propose that the general meeting of the Company passes a resolution to apply for a de-listing of the Shares from the Oslo Stock Exchange. The Company also intends, in such event, to resolve to withdraw the Shares from trading on the OTCQX® Best Market, New York, where the Shares currently are trading under the ticker "GCCRF".
No Material Adverse Change there has been no material adverse change in the financial condition or operations of HP since 31st October, 1997 nor in the consolidated financial condition or operations of HP and the subsidiaries of HP since that date; and