Document ID: 12265

Text:
(i) Material Changes; Undisclosed Events, Liabilities or Developments. Since the date of the latest financial statements included within the Registration Statement, the Prospectus and the Prospectus Supplement, except as specifically set forth in Schedule 3.1(i), (i) there has been no event, occurrence or development that has had or that could reasonably be expected to result in a Material Adverse Effect, (ii) the Company has not incurred any liabilities (contingent or otherwise) other than (A) trade payables and accrued expenses incurred in the ordinary course of business consistent with past practice and (B) liabilities not required to be reflected in the Companys financial statements pursuant to GAAP or disclosed in filings made with the Commission, (iii) the Company has not altered its method of accounting, (iv) the Company has not declared or made any dividend or distribution of cash or other property to its stockholders or purchased, redeemed or made any agreements to purchase or redeem any shares of its capital stock and (v) the Company has not issued any equity securities to any officer, director or Affiliate, except pursuant to existing Company stock option plans. The Company does not have pending before the Commission any request for confidential treatment of information. Except for the issuance of the Securities contemplated by this Agreement, no event, liability, fact, circumstance, occurrence or development has occurred or exists or is reasonably expected to occur or exist with respect to the Company or its Subsidiaries or their respective businesses, prospects, properties, operations, assets or financial condition that would be required to be disclosed by the Company under applicable securities laws at the time this representation is made or deemed made that has not been publicly disclosed at least 1 Trading Day prior to the date that this representation is made.

Named Entities:

Tokenized Text:
(
i
)
Material
Changes
;
Undisclosed
Events
,
Liabilities
or
Developments
.
Since
the
date
of
the
latest
financial
statements
included
within
the
Registration
Statement
,
the
Prospectus
and
the
Prospectus
Supplement
,
except
as
specifically
set
forth
in
Schedule
3
.
1
(
i
)
,
(
i
)
there
has
been
no
event
,
occurrence
or
development
that
has
had
or
that
could
reasonably
be
expected
to
result
in
a
Material
Adverse
Effect
,
(
ii
)
the
Company
has
not
incurred
any
liabilities
(
contingent
or
otherwise
)
other
than
(
A
)
trade
payables
and
accrued
expenses
incurred
in
the
ordinary
course
of
business
consistent
with
past
practice
and
(
B
)
liabilities
not
required
to
be
reflected
in
the
Companys
financial
statements
pursuant
to
GAAP
or
disclosed
in
filings
made
with
the
Commission
,
(
iii
)
the
Company
has
not
altered
its
method
of
accounting
,
(
iv
)
the
Company
has
not
declared
or
made
any
dividend
or
distribution
of
cash
or
other
property
to
its
stockholders
or
purchased
,
redeemed
or
made
any
agreements
to
purchase
or
redeem
any
shares
of
its
capital
stock
and
(
v
)
the
Company
has
not
issued
any
equity
securities
to
any
officer
,
director
or
Affiliate
,
except
pursuant
to
existing
Company
stock
option
plans
.
The
Company
does
not
have
pending
before
the
Commission
any
request
for
confidential
treatment
of
information
.
Except
for
the
issuance
of
the
Securities
contemplated
by
this
Agreement
,
no
event
,
liability
,
fact
,
circumstance
,
occurrence
or
development
has
occurred
or
exists
or
is
reasonably
expected
to
occur
or
exist
with
respect
to
the
Company
or
its
Subsidiaries
or
their
respective
businesses
,
prospects
,
properties
,
operations
,
assets
or
financial
condition
that
would
be
required
to
be
disclosed
by
the
Company
under
applicable
securities
laws
at
the
time
this
representation
is
made
or
deemed
made
that
has
not
been
publicly
disclosed
at
least
1
Trading
Day
prior
to
the
date
that
this
representation
is
made
.