Common use of Adverse Developments Clause in Contracts

Adverse Developments. Since the June 30, 2019, there have been no material adverse changes in the Purchased Assets or Seller, there has been no act or omission on the part of Seller or, to Seller’s knowledge, others which would form the basis for the assertion against Seller of any material Liability, no other event has occurred which could be reasonably expected to have a Material Adverse Effect upon the Purchased Assets or Seller, and there is no development or, to Seller’s Knowledge, threatened development of a nature which could be reasonably expected to have a Material Adverse Effect upon the Purchased Assets or Seller.

Adverse Developments. Since the June 30, 2019, Interim Balance Sheet Date there have been no material adverse changes in the Purchased Assets or Seller, there has been no act or omission on the part of Seller or, to Seller’s knowledge, others which would form the basis for the assertion against Seller of any material Liability, no other event has occurred which could be reasonably expected to have a Material Adverse Effect upon the Purchased Assets or Seller, and there is no development or, to Seller’s Knowledge, threatened development of a nature which could be reasonably expected to have a Material Adverse Effect upon the Purchased Assets or Seller.

Adverse Developments. Since the June 30, 2019Balance Sheet Date, there have been no material adverse changes in the Purchased Assets Assets, liabilities, Business or prospects of Seller, there has been no act or omission on the part of Seller Seller, or, to the Knowledge of Seller’s knowledge, others which would form the basis for the assertion against Seller of any material Liabilityliability or obligation, no other event has occurred which could be reasonably expected to have a Material Adverse Effect materially adverse effect upon the Purchased Assets or Sellerthe Business, and there is no development or, to the Knowledge of Seller’s Knowledge, threatened development of a nature which could be reasonably expected to have a Material Adverse Effect materially adverse effect upon the Purchased Assets or Sellerthe Business.

Adverse Developments. Since the June 30, 2019, Balance Sheet Date there have been no material adverse changes in the Purchased Assets or Seller, there has been no act or omission on the part of Seller or, to Seller’s knowledge, others which would form the basis for the assertion against Seller of any material Liability, no other event has occurred which could be reasonably expected to have a Material Adverse Effect upon the Purchased Assets or Seller, and there is no development or, to Seller’s Knowledge, threatened development of a nature which could be reasonably expected to have a Material Adverse Effect upon the Purchased Assets or Seller.