definiens: means any change, event or development or effect that would be ( or couldreasonably be expected to be ) materially adverse to : ( i ) the business, operations, assets, condition(financial or otherwise ), operating results, operations, valuation or prospects of the Company, and / or(ii ) the validity, legality or enforceability of this Agreement or of the rights or remedies of Purchaserunder this Agreement ; provided, however, that the foregoing shall not include any event, circumstance, change, occurrence, fact or effect resulting from or relating to : ( i ) changes in thegeneral economic conditions or political climate in India or any region in which the Companyoperates ; ( ii ) changes in the Indian, or global, financial or commodity markets ; ( iii ) changes generallyapplicable to the Company ’s industry, including changes in the accounting principles and practicesand the laws applicable to the Business ; and ( iv ) natural disasters, labour unrest, strikes, acts of war, terrorism, sabotage and other unless with respect to clause ( iii ) and ( iv ) such changesdisproportionately impact the Company