Common use of No Material Adverse Change in Financial Statements Clause in Contracts

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there has not been any deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse Change.

Appears in 1 contract

Sources: Loan and Security Agreement (Isis Pharmaceuticals Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Synaptics Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, related to Borrower that have been delivered by Borrower to Bank fairly present in all material respects Borrower's consolidated financial condition as of the date thereof and Borrower's consolidated results of operationsoperations for the period then ended. To Borrower's knowledge, there There has not been any deterioration a material adverse change in Borrower's the consolidated financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Electronic Designs Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations, subject to normal year end audit adjustments for interim financial statements. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Vascular Solutions Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements financialstatements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Speechworks International Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's Borrowers consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Actuate Software Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank Lender fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeLender.

Appears in 1 contract

Sources: Loan and Security Agreement (Senorx Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, Borrower delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. To Borrower's knowledge, there There has not been any deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could would reasonably be expected to cause a Material Adverse Change.

Appears in 1 contract

Sources: Loan and Security Agreement (Cypress Semiconductor Corp /De/)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, Borrower delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operationsoperations as of the date of such financial statements. To Borrower's knowledge, there There has not been any deterioration material adverse change in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Quicklogic Corporation)

No Material Adverse Change in Financial Statements. All consolidated financial statements for BorrowerBorrowers, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's Borrowers' consolidated financial condition and Borrower's Borrowers' consolidated results of operationsoperations as of the date of such financial statements. To Borrower's knowledge, there There has not been any material deterioration in Borrower's Borrowers' consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Ramtron International Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operationsoperations as of the date indicated and for the periods stated. To Borrower's knowledge, there There has not been any material deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Omnicell Inc /Ca/)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, Borrower delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Callidus Software Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, if any, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Array Biopharma Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present represent in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Novacept Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for BorrowerBorrowers, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's Borrowers' consolidated financial condition and Borrower's Borrowers' consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's Borrowers' consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Immunicon Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Endocardial Solutions Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated consolidate results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Preview Systems Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects (as of the date of such financial statements) Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. To Borrower's knowledge, there There has not been any deterioration Material Adverse Change in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Comverge, Inc.)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, Borrower delivered to Bank Lender fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeLender.

Appears in 1 contract

Sources: Loan and Security Agreement (Planetout Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's Borrowers consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Clarent Corp/Ca)

No Material Adverse Change in Financial Statements. All separate or consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrowersuch entity's separate and consolidated financial condition and Borrower's separate and consolidated results of operations. To Borrower's knowledge, there There has not been any deterioration Material Adverse Change in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Critical Path Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operationsoperations as of the date of such financial statements. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Ramtron International Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition as of the date thereof, and Borrower's consolidated results of operationsoperations for periods ended. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Fusion Medical Technologies Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Click2learn Com Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, its Subsidiaries delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Jamdat Mobile Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any deterioration in Borrower's consolidated financial condition Material Adverse Change since the date of the most recent consolidated financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Concurrent Computer Corp/De)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Pharsight Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, related to Borrower and any Subsidiary, Subsidiary that are delivered by Borrower to Bank fairly present in all material respects Borrower's consolidated financial condition as of the date thereof and Borrower's consolidated results of operationsoperations for the period then ended. To Borrower's knowledge, there There has not been any deterioration a material adverse change in Borrower's the consolidated financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank that could reasonably be expected Bank, other than as described in writing to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Nvidia Corp/Ca)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operationsoperations as of the date of such financial statements. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Applix Inc /Ma/)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. To Borrower's knowledge, there There has not been any deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause would constitute a Material Adverse Change.

Appears in 1 contract

Sources: Loan and Security Agreement (Palmsource Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, Borrower delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Stratex Networks Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, Borrower delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operationsoperations as of the date of such financial statements. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Bottomline Technologies Inc /De/)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse Change.Bank. 6

Appears in 1 contract

Sources: Loan Agreement (Orthologic Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for each Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects such Borrower's consolidated financial condition and such Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in any Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Animas Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank Lenders fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeLenders.

Appears in 1 contract

Sources: Loan and Security Agreement (Onyx Software Corp/Wa)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered related to Borrower that Bank has received fairly present in all material respects Borrower's ’s consolidated financial condition as of the date thereof and Borrower's ’s consolidated results of operationsoperations for the period then ended. To Borrower's knowledge, there There has not been any deterioration a material adverse change in Borrower's the consolidated financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan Agreement (Safeguard Scientifics Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, related to Borrowers and any Subsidiary, Subsidiaries that are delivered by Borrowers to Bank fairly present in all material respects Borrower's Borrowers' consolidated financial condition as of the date thereof and Borrower's Borrowers' consolidated results of operationsoperations for the period then ended. To Borrower's knowledge, there There has not been any deterioration a material adverse change in Borrower's the consolidated financial condition of Borrowers since the date of the most recent of such financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Maxwell Technologies Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, its Subsidiaries delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Salmedix Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, related to Borrowers that have been delivered to Bank Banks fairly present in all material respects Borrower's the consolidated financial condition as of the date thereof of each such entity and Borrower's consolidated results of operationsoperations for the period then ended of each such entity. To Borrower's knowledge, there There has not been any deterioration a material adverse change in Borrower's the consolidated financial condition of a Borrower since the date of the most recent of such financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBanks.

Appears in 1 contract

Sources: Loan and Security Agreement (Advanced Energy Industries Inc)

No Material Adverse Change in Financial Statements. All separate or consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrowersuch entity's separate and consolidated financial condition and Borrower's separate and consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Exelixis Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's Borrowers consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Imagex Com Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, Borrower delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. To Borrower's knowledge, there There has not been any deterioration in Borrower's consolidated financial condition since the date of the most recent financial statements submitted to Bank that could would reasonably be expected to cause a Material Adverse Change.

Appears in 1 contract

Sources: Loan Agreement (Cypress Semiconductor Corp /De/)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operationsoperations for the period covered by such statements. To Borrower's knowledge, there There has not been any material deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Drugstore Com Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any SubsidiarySubsidiary of Borrower, delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. To Borrower's knowledge, there There has not been any material deterioration in Borrower's ’s consolidated financial condition since the date of the most recent financial statements submitted to Bank that could reasonably be expected to cause a Material Adverse ChangeBank.

Appears in 1 contract

Sources: Loan and Security Agreement (Commerce One Inc / De/)