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

No Material Adverse Change in Financial Statements. All consolidated financial statements related to Borrower and any Subsidiary that have been delivered by Borrower to Servicing Agent and Banks fairly present in all material respects Borrower's consolidated financial condition as of the date thereof and Borrower's consolidated results of operations for the period then ended. Except as disclosed to the Servicing Agent or the Borrower's public filings and announcements, there has not been a material adverse change in the consolidated financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank.

No Material Adverse Change in Financial Statements. All consolidated financial statements related to Borrower and any Subsidiary that have been are delivered by Borrower to Servicing Agent and Banks Bank fairly present in all material respects Borrower's ’s consolidated financial condition as of the date thereof and Borrower's ’s consolidated results of operations for the period then endedended (subject, in the case of unaudited financial statements, to normal year-end and quarter-end adjustments and the absence of footnotes). Except as disclosed to the Servicing Agent or the Borrower's public filings and announcements, there There has not been a material adverse change in the consolidated financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank.

No Material Adverse Change in Financial Statements. All consolidated and consolidating financial statements related to Borrower and any Subsidiary the Consolidated Company that have been are delivered by Borrower to Servicing Agent and Banks Bank fairly present in all material respects Borrower's ’s and the Consolidated Company’s consolidated and consolidating financial condition as of the date thereof and Borrower's ’s and the Consolidated Company’s consolidated and consolidating results of operations for the period then ended. Except as disclosed to the Servicing Agent or the Borrower's public filings and announcements, there There has not been a material adverse change in the consolidated or in the consolidating financial condition of Borrower or the Consolidated Company since the date of the most recent of such financial statements submitted to Bank.

No Material Adverse Change in Financial Statements. All consolidated (and consolidating, if any) financial statements related to Borrower and any Subsidiary that have been are delivered by Borrower to Servicing Agent and Banks Bank fairly present in all material respects Borrower's ’s consolidated and consolidating, if any, financial condition as of the date thereof and Borrower's ’s consolidated and consolidating, if any, results of operations for the period then ended. Except as disclosed in writing to the Servicing Agent or the Borrower's public filings and announcementsBank, there has not been a material adverse change in the consolidated or in the consolidating financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank.

No Material Adverse Change in Financial Statements. All consolidating and consolidated financial statements related relating to Borrower and any Subsidiary that have been its Subsidiaries from time to time delivered by Borrower or any of its Subsidiaries to Servicing Agent and Banks Bank fairly present in all material respects Borrower's the consolidating and consolidated financial condition of Borrower and its Subsidiaries as of the date respective dates thereof and Borrower's the consolidating and consolidated results of operations of Borrower and its Subsidiaries for the period respective periods then ended. Except as disclosed to the Servicing Agent or the Borrower's public filings and announcements, there There has not been a material adverse change in the consolidating or in the consolidated financial condition of Borrower and its Subsidiaries since the date of the most recent of such financial statements submitted to Bank.

No Material Adverse Change in Financial Statements. All consolidated and consolidating financial statements related to Borrower and any Subsidiary that have been are delivered by Borrower to Servicing Agent and Banks Bank fairly present in all material respects Borrower's ’s consolidated and consolidating financial condition as of the date thereof and Borrower's ’s consolidated and consolidating results of operations for the period then ended, subject in the cases of any unaudited financial statements to any year-end audit adjustments. Except as disclosed to the Servicing Agent or the Borrower's public filings and announcements, there There has not been a material adverse change in the consolidated or in the consolidating financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank.

No Material Adverse Change in Financial Statements. All consolidated and consolidating financial statements related to Borrower and any Subsidiary that have been delivered by Bank has received from Borrower to Servicing Agent and Banks fairly present in all material respects Borrower's consolidated ’s financial condition as of the date thereof and Borrower's ’s consolidated and consolidating results of operations for the period then ended. Except as disclosed to the Servicing Agent or the Borrower's public filings and announcements, there There has not been a material adverse change in the consolidated or the [***] = Confidential treatment requested for redacted portion; redacted portion has been filed separately with the Securities and Exchange Commission. consolidating financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank.