Common use of Initial Financial Statements Clause in Contracts

Initial Financial Statements. The Initial Financial Statements fairly present Borrower's Consolidated financial position at the date thereof and the Consolidated results of Borrower's operations and Borrower's Consolidated cash flows for the period thereof. Since the date of the Initial Financial Statements no material adverse change has occurred in Borrower's financial condition or businesses or in Borrower's Consolidated financial condition or businesses, except as reflected in the Disclosure Schedule. All Initial Financial Statements were prepared in accordance with GAAP.

Initial Financial Statements. The Initial Financial Statements fairly present Borrower's Consolidated financial position at the date respective dates thereof and the Consolidated results of Borrower's operations and Borrower's Consolidated cash flows for the period respective periods thereof. Since the date of the audited annual Initial Financial Statements no material adverse change has occurred in Borrower's financial condition or businesses or in Borrower's Consolidated financial condition or businesses, except as reflected in the quarterly Initial Financial Statements or in the Disclosure Schedule. All Initial Financial Statements were prepared in accordance with GAAP.

Initial Financial Statements. The Initial Financial Statements fairly present Borrower's Consolidated financial position at the date respective dates thereof and the Consolidated results of Borrower's Consolidated operations and Borrower's Consolidated cash flows for the period respective periods thereof. Since the date of the annual Initial Financial Statements no material adverse change has occurred in Borrower's financial condition or businesses or in Borrower's Consolidated financial condition or businessesbusiness, except as reflected in the quarterly Initial Financial Statements or in the Disclosure Schedule. All The Initial Financial Statements were prepared in accordance with GAAP.

Initial Financial Statements. The Initial Financial Statements ---------------------------- fairly present Borrower's Consolidated financial position at the date thereof and the Consolidated results of Borrower's operations and Borrower's Consolidated cash flows for the period thereof. Since the date of the audited annual Initial Financial Statements no material adverse change has occurred in Borrower's financial condition or businesses or in Borrower's Consolidated financial condition or businesses, except as reflected in the Disclosure Schedule. All Initial Financial Statements were prepared in accordance with GAAP.

Initial Financial Statements. The Initial Financial Statements fairly present Borrower's the Consolidated financial position at the date respective dates thereof and the Consolidated results of Borrower's operations and Borrower's the changes in Consolidated cash flows financial position for the period thereofrespective periods thereof for each entity for which Initial Financial Statements have been provided. Since the date of the such audited annual Initial Financial Statements no material adverse change has occurred in Borrower's the financial condition or businesses or in Borrower's Consolidated financial condition or businessesbusinesses of such entity, except as reflected in the Disclosure Schedule. All Initial Financial Statements were prepared in accordance with GAAP.

Initial Financial Statements. The Initial Financial Statements fairly present in all material respects Borrower's ’s Consolidated financial position at the date respective dates thereof and the Consolidated results of Borrower's ’s operations and Borrower's ’s Consolidated cash flows for the period respective periods thereof. Since the date of the Initial Financial Statements no material adverse change Material Adverse Change has occurred in Borrower's financial condition or businesses or in Borrower's Consolidated financial condition or businessesoccurred, except as reflected in the Disclosure Schedule. All Initial Financial Statements were prepared in accordance with GAAP.

Initial Financial Statements. The Initial Financial Statements fairly present Borrower's Consolidated financial position at the date respective dates thereof and the Consolidated results of Borrower's Consolidated operations and the changes in Borrower's Consolidated cash flows for the period respective periods thereof. Since the date of the annual Initial Financial Statements no material adverse change has occurred in Borrower's financial condition or businesses or in Borrower's Consolidated financial condition or businesses, except as reflected in the quarterly Initial Financial Statements or in the Disclosure Schedule. All Initial Financial Statements were prepared in accordance with GAAP.

Initial Financial Statements. The Initial Financial Statements fairly present in all material respects the Borrower's ’s Consolidated financial position at the date respective dates thereof and the Consolidated results of the Borrower's ’s operations and the Borrower's ’s Consolidated cash flows for the period respective periods thereof. Since the date of the Initial Financial Statements no material adverse change Material Adverse Change has occurred in Borrower's financial condition or businesses or in Borrower's Consolidated financial condition or businessesoccurred, except as reflected in the Disclosure Schedule. All Initial Financial Statements were prepared in accordance with GAAP.