Common use of Financial Condition; No Material Adverse Change Clause in Contracts

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 2022, reported on by Deloitte & Touche LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30, 2023, certified by its Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 2022.

Appears in 2 contracts

Sources: Credit Agreement (Nerdwallet, Inc.), Credit Agreement (Nerdwallet, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222017, reported on by Deloitte & Touche LLP, independent public accountants, the Accounting Firm and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June ending September 30, 2023, certified by its Financial Officer2018. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222017.

Appears in 2 contracts

Sources: Credit Agreement (Etsy Inc), Credit Agreement (Electronics for Imaging Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower has Borrowers have heretofore furnished to the Lenders its Holdings’ consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222004, reported on by Deloitte & Touche LLPPricewaterhouseCoopers, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30, 20232005, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Holdings and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could would reasonably be expected to have, a Material Adverse Effect, since December 31, 20222004.

Appears in 2 contracts

Sources: Credit Agreement (Core-Mark Holding Company, Inc.), Credit Agreement (Core-Mark Holding Company, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower Holdings has heretofore furnished to the Term Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31January 28, 20222006, reported on by Deloitte & Touche LLPTouche, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30October 28, 20232006, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Holdings and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31January 28, 20222006.

Appears in 2 contracts

Sources: Senior Secured Term Loan Agreement (Orchard Supply Hardware Stores Corp), Senior Secured Term Loan Agreement (Orchard Supply Hardware Stores Corp)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222017, reported on by Deloitte & Touche LLPand Touche, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June September 30, 20232018, certified by its Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Parent and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222017.

Appears in 2 contracts

Sources: Second Lien Credit Agreement (RTI Surgical Holdings, Inc.), Second Lien Credit Agreement (RTI Surgical Holdings, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222019, reported on by Deloitte & Touche LLPBDO USA, LLC, independent public accountants, and (ii) as of and for the fiscal quarter month and the portion of the fiscal year ended June 30July 31, 20232020, certified by its Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end year‑end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222019.

Appears in 2 contracts

Sources: Credit Agreement (Cricut, Inc.), Credit Agreement (Cricut, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders Lender its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 2022, reported on by Deloitte & Touche LLP, independent public accountants, 2008 and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30March 31, 20232009, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December March 31, 20222009.

Appears in 2 contracts

Sources: Credit Agreement (Fuel Tech, Inc.), Credit Agreement (Fuel Tech, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders Lender its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222018, reported on by Deloitte & Touche ▇▇▇▇▇▇▇▇ LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June September 30, 20232019, certified by its a Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222018.

Appears in 2 contracts

Sources: Credit Agreement (Harmonic Inc), Credit Agreement (Harmonic Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower Holdings has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders stockholders’ equity and cash flows (i) as of and for the fiscal year ended December 31, 20222016, reported on by Deloitte & Touche ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June September 30, 20232017, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Holding and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end year‑end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222016.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Paycom Software, Inc.), Term Credit Agreement (Paycom Software, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31January 29, 20222010, reported on by Deloitte & Touche LLPTouche, independent public accountants, and (ii) as of and for the fiscal quarter month and the portion of the fiscal year ended June 30July 2, 20232010, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse EffectEffect since January 29, since December 31, 20222010.

Appears in 1 contract

Sources: Credit Agreement (Bluestem Brands, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders Lender its consolidated balance sheet and statements of income, stockholders shareholders equity and cash flows (i) as of and for the fiscal year ended December 31March 25, 20222006, reported on by Deloitte & Touche Price Waterhouse Coopers LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30September 23, 20232006, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31March 25, 20222006.

Appears in 1 contract

Sources: Credit Agreement (Transcat Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222010, reported on by Deloitte Ernst & Touche Young LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30March 31, 20232011, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222010.

Appears in 1 contract

Sources: Credit Agreement (ExlService Holdings, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower SIndustries has heretofore furnished to the Lenders Lender its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year Fiscal Year ended December 3126, 20222009, reported on by Deloitte & Touche ▇▇▇▇▇ ▇▇▇▇▇▇▇ LLP, independent public accountants, and (ii) as of and for the fiscal quarter Fiscal Month and the portion of the fiscal year Fiscal Year ended June 30August 21, 20232010, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower SIndustries and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 3126, 20222009.

Appears in 1 contract

Sources: Credit Agreement (Supreme Industries Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31February 3, 20222018, reported on by Deloitte Ernst & Touche LLPYoung, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30November 3, 20232018, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31February 3, 20222018. (c) As of the Effective Date, the information included in the Beneficial Ownership Certification is true and correct in all respects.

Appears in 1 contract

Sources: Credit Agreement (American Eagle Outfitters Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders stockholders’ equity and cash flows (i) as of and for the fiscal year ended December 31, 20222003, reported on by Deloitte & Touche KPMG, LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30, 20232004, certified by its Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No eventSince December 31, 2003, through and including the Effective Date, there has been no change or condition has occurred that has had, or which could reasonably be expected to have, have a Material Adverse Effect, since December 31, 2022.

Appears in 1 contract

Sources: Term Loan Credit Agreement (Xto Energy Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222010, reported on by Deloitte & Touche KPMG, LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30March 31, 20232011, certified certi­fied by its Financial Officerchief financial officer. Such financial statements state­ments present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222010.

Appears in 1 contract

Sources: Credit Agreement (Par Technology Corp)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222020, reported on by Deloitte & Touche LLP▇▇▇▇▇ ▇▇▇▇▇▇▇▇, independent public accountants, and (ii) as of and for the fiscal quarter month and the portion of the fiscal year ended June 30October 31, 20232021, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments all of which, when taken as a whole, would not be materially adverse and the absence of footnotes in the case of the statements referred to in clause (ii) above. . (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since Since December 31, 2022.2020, no Material Adverse Effect has occurred. SECTION

Appears in 1 contract

Sources: Credit Agreement (CompoSecure, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity retained earnings and cash flows (i) as of and for the fiscal year ended December 31, 20222016, reported on audited by Deloitte & Touche LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30March 31, 20232017, certified by its a Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No Since March 31, 2017, no event, change development or condition circumstance has occurred that which has had, or could would reasonably be expected to have, a Material Adverse Effect, since December 31, 2022.

Appears in 1 contract

Sources: Term Loan Agreement (Brixmor Operating Partnership LP)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December March 31, 20222018, reported on by Deloitte & Touche KPMG LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30December 31, 20232018, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December March 31, 20222018.

Appears in 1 contract

Sources: Credit Agreement (CSS Industries Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders Lender its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222013, reported on by Deloitte & Touche BDO USA, LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30, 20232014, certified certi­fied by its Financial Officer. Such financial statements state­ments present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end year‑end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222013.

Appears in 1 contract

Sources: Credit Agreement (Par Technology Corp)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders Lender its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222009, reported on by Deloitte & Touche LLP, Borrower’s independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June September 30, 20232010, certified certi­fied by its Financial Officerchief financial officer. Such financial statements state­ments present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31September 30, 20222010.

Appears in 1 contract

Sources: Credit Agreement (Utah Medical Products Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31February 1, 20222014, reported on by Deloitte Ernst & Touche LLPYoung, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30August 2, 20232014, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31February 1, 20222014.

Appears in 1 contract

Sources: Credit Agreement (American Eagle Outfitters Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222017, reported on by Deloitte & Touche LLPand Touche, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30March 31, 20232018, certified by its Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 2022.2017. Table of Contents

Appears in 1 contract

Sources: Credit Agreement (Rti Surgical, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December March 31, 20222018, reported on by Deloitte & Touche KPMG LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30December 31, 20232018, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end year‑end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (ba) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December March 31, 20222018.

Appears in 1 contract

Sources: Credit Agreement (CSS Industries Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222020, reported on by Deloitte Ernst & Touche LLP, independent public accountants, Young LLP and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30, 20232021, certified by its Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in NAI-1514693629v12 86 accordance with GAAP, subject to normal year end yearend audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (ba) No event, change or condition has occurred that has had, or could would reasonably be expected to have, a Material Adverse Effect, Effect since December 31, 20222020.

Appears in 1 contract

Sources: Credit Agreement (Opko Health, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222005, reported on by Deloitte & Touche KPMG LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30December 31, 20232006, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222005.

Appears in 1 contract

Sources: Credit Agreement (Superior Offshore International Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders stockholders' equity and cash flows (i) as of and for the fiscal year ended December 31, 20222002, reported on by Deloitte Ernst & Touche Young LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June September 30, 20232003, certified by its Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No eventSince December 31, 2002, through and including the Effective Date, there has been no change or condition has occurred that has had, or which could reasonably be expected to have, have a Material Adverse Effect. December 16, since December 31, 2022.2003

Appears in 1 contract

Sources: 5 Year Revolving Credit Agreement (Pioneer Natural Resources Co)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222013, reported on by Deloitte Ernst & Touche Young LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30, 20232014, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222013.

Appears in 1 contract

Sources: Credit Agreement (ExlService Holdings, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower Holdings has heretofore furnished to the Lenders Landlord its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31January 30, 20222010, reported on by Deloitte & Touche LLPTouche, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30July 31, 20232010, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Holdings and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31January 30, 20222010.

Appears in 1 contract

Sources: Lease (Orchard Supply Hardware Stores Corp)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222016, reported on by Deloitte Ernst & Touche Young LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June September 30, 20232017, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end year‑end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222016.

Appears in 1 contract

Sources: Credit Agreement (ExlService Holdings, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower H▇▇▇▇▇ Parent has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31September 30, 20222019, reported on by Deloitte & Touche LLP, independent public accountants, and (ii) as of and for the fiscal quarter month and the portion of the fiscal year ended June 30August 31, 20232020, certified by its a Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower H▇▇▇▇▇ Parent and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31September 30, 20222019.

Appears in 1 contract

Sources: Credit Agreement (Haynes International Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders Administrative Agent its (i) consolidated balance sheet and statements of income, stockholders equity income and cash flows (i) as of and for the fiscal year ended December 31, 20222017, reported on audited by Deloitte & Touche LLP, independent public accountants, and (ii) consolidated balance sheet and statement of income as of and for the fiscal quarter and the portion of the fiscal year ended June 30, 2023, certified by its Financial Officer2018. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Restricted Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the unaudited financial statements referred to in clause clauses (ii) above. (b) No Since December 31, 2017, no event, change development or condition circumstance exists or has occurred that has had, had or could would reasonably be expected to have, have a Material Adverse Effect, since December 31, 2022.

Appears in 1 contract

Sources: Revolving Credit Agreement (SoFi Technologies, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222020, reported on by Deloitte & Touche LLPG▇▇▇▇ ▇▇▇▇▇▇▇▇, independent public accountants, and (ii) as of and for the fiscal quarter month and the portion of the fiscal year ended June 30October 31, 20232021, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments all of which, when taken as a whole, would not be materially adverse and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since Since December 31, 20222023, no Material Adverse Effect has occurred.

Appears in 1 contract

Sources: Credit Agreement (CompoSecure, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31September 30, 20222012, reported on by Deloitte & Touche LLP, independent public accountantsaccountants reasonably acceptable to the Administrative Agent, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30, 20232013, certified by its Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31September 29, 20222006.

Appears in 1 contract

Sources: Credit Agreement (Natural Grocers by Vitamin Cottage, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders statement of changes in equity and cash flows (i) as of and for the fiscal year ended December 31, 20222011, reported on audited by Deloitte & Touche KPMG LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June September 30, 20232012, certified by its a Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in material accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No eventSince December 31, change 2011, no event or condition has occurred that which has hadresulted in, or could is reasonably be expected likely to have, a Material Adverse Effect, since December 31, 2022.

Appears in 1 contract

Sources: Revolving Credit Agreement (Taubman Centers Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders Lender its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31September 30, 20222011, reported on by Deloitte Ernst & Touche Young LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30December 31, 20232011, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred since December 31, 2011 that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 2022.

Appears in 1 contract

Sources: Credit Agreement (Zoltek Companies Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222020, reported on by Deloitte & Touche LLPG▇▇▇▇ ▇▇▇▇▇▇▇▇, independent public accountants, and (ii) as of and for the fiscal quarter month and the portion of the fiscal year ended June 30October 31, 20232021, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments all of which, when taken as a whole, would not be materially adverse and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since Since December 31, 20222020, no Material Adverse Effect has occurred.

Appears in 1 contract

Sources: Credit Agreement (CompoSecure, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31June 30, 20222014, reported on by Deloitte & Touche LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30December 31, 20232014, certified by its Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end year‑end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31June 30, 20222014.

Appears in 1 contract

Sources: Credit Agreement (Farmer Brothers Co)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222010, reported on by Deloitte & Touche HoganTaylor LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June September 30, 20232010, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222010.

Appears in 1 contract

Sources: Credit Agreement (Orchids Paper Products CO /DE)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders Lender its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31April 30, 20222006, reported on by Deloitte & Touche LLP, independent public accountantsthe Accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30July 31, 2023, 2006 certified by its a Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Holdings and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31April 30, 20222006.

Appears in 1 contract

Sources: Loan and Security Agreement (Smith & Wesson Holding Corp)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 2022, 2013 reported on by Deloitte & Touche KPMG LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30March 31, 20232014, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No eventSince December 31, change or condition has 2013, no event shall have occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 2022.

Appears in 1 contract

Sources: Credit Agreement (LHC Group, Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders statement of changes in equity and cash flows (i) as of and for the fiscal year ended December 31, 20222012, reported on audited by Deloitte & Touche KPMG LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30, 20232013, certified by its a Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in material accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No eventSince December 31, change 2012, no event or condition has occurred that which has hadresulted in, or could is reasonably be expected likely to have, a Material Adverse Effect, since December 31, 2022.

Appears in 1 contract

Sources: Term Loan Agreement (Taubman Centers Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower ANS has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222004, reported on by Deloitte & Touche LLP, independent public chartered accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June September 30, 20232005, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower ANS and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31September 30, 20222005.

Appears in 1 contract

Sources: Credit Agreement (Ainsworth Lumber Co LTD)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year Fiscal Year ended December 31, 20222010, reported on by Deloitte & Touche ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLP, independent public accountants, and (ii) as of and for the fiscal quarter Fiscal Quarter and the portion of the fiscal year Fiscal Year ended June September 30, 20232011, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No eventSince December 31, change 2010, there has been no event or condition has occurred circumstance that has had, or could reasonably be expected to have, resulted in a Material Adverse Effect, since December 31, 2022.

Appears in 1 contract

Sources: Credit Agreement (Asset Acceptance Capital Corp)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222012, reported on by Deloitte Ernst & Touche Young LLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30, 20232013, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No Since December 31, 2012, no event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 2022.

Appears in 1 contract

Sources: Credit Agreement (Belden Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower Holdings has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 20222006, reported on by Deloitte Ernst & Touche Young LLP, independent public accountants, and (ii) as of and for the fiscal quarter month and the portion of the fiscal year ended June 30February 28, 20232007, certified by its Financial Officerchief accounting and compliance officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Holdings and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December 31, 20222006.

Appears in 1 contract

Sources: Credit Agreement (Aventine Renewable Energy Holdings Inc)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its the consolidated balance sheet and statements of income, stockholders equity and cash flows of the Company and its subsidiaries (i) as of and for the fiscal year ended December 31, 20222013, reported on by Deloitte Ernst & Touche LLPYoung, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 30March 31, 20232014, certified by its Financial Officerchief financial officer. Such financial statements present fairly, in all material respects, the financial position condition and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No . Since December 31, 2013, no event, change development or condition circumstance has occurred that which has had, or could would reasonably be expected to have, a Material Adverse Effect, since December 31, 2022.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Agreement (Gramercy Property Trust Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower Company has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December 31, 202220202022, reported on by Deloitte ▇▇▇▇▇ & Touche LLP, independent public accountants, Young LLP and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June 3030March 31, 202320212023, certified by its Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower Company and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could would reasonably be expected to have, a Material Adverse Effect, Effect since December 31, 202220202022.

Appears in 1 contract

Sources: Credit Agreement (Opko Health, Inc.)

Financial Condition; No Material Adverse Change. (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheet and statements of income, stockholders equity and cash flows (i) as of and for the fiscal year ended December March 31, 20222016, reported on by Deloitte & Touche LLPEKS&H LLLP, independent public accountants, and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended June September 30, 20232016, certified by its Financial Officer. Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP, subject to normal year end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above. (b) No event, change or condition has occurred that has had, or could reasonably be expected to have, a Material Adverse Effect, since December March 31, 20222016.

Appears in 1 contract

Sources: Credit Agreement (Mesa Laboratories Inc /Co)