Common use of Information and Financial Data Accurate; Financial Statements; No Materially Adverse Changes Clause in Contracts

Information and Financial Data Accurate; Financial Statements; No Materially Adverse Changes. All financial statements, information and other financial data furnished by the Borrower to the Bank in connection with this Agreement, which were relied upon by the Bank in connection with making the Facility, (i) fairly present the financial condition of the Borrower at the respective dates thereof, (ii) were prepared in accordance with Generally Accepted Accounting Principles, consistently applied and (iii) manifest the Borrower as Solvent. No material adverse changes have occurred with respect to the Borrower's operations or its financial condition since the date of the latest financial statements which are not disclosed therein or in the notes to the financial statements.

Appears in 2 contracts

Sources: Credit Agreement (Mikron Infrared Inc), Credit Agreement (Mikron Infrared Inc)