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 Bank 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 set forth in the Schedule relative to certain recent acquisitions made by Borrower, 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 on or about the Closing Date.

Appears in 1 contract

Sources: Loan and Security Agreement (Stericycle Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements related to Borrower and any Subsidiary that have been delivered by Borrower to Bank Servicing Agent or any Lender 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 set forth in the Schedule relative to certain recent acquisitions made by Borrower, 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 Lenders or Servicing Agent on or about the Closing Date.

Appears in 1 contract

Sources: Loan and Security Agreement (Vtel Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements other than projections related to Borrower and any Subsidiary that have been are delivered by Borrower to Bank Agent 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 set forth in the Schedule relative to certain recent acquisitions made by Borrower, 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 on or about the Closing DateAgent.

Appears in 1 contract

Sources: Loan and Security Agreement (Raptor Networks Technology Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements related to Borrower Borrowers and any Subsidiary that have been delivered by Borrower Borrowers to the 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 operations for the period then ended. Except as set forth in the Schedule relative to certain recent acquisitions made by Borrower, there There has not been a material adverse change in the consolidated financial condition of Borrower Borrowers since the date of the most recent of such financial statements submitted to the Bank on or about the Closing Date.

Appears in 1 contract

Sources: Loan Agreement (Moldflow Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements related to Borrower and any Subsidiary of Borrower that have been delivered by Borrower to Bank Servicing Agent or any Lender 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 set forth in the Schedule relative to certain recent acquisitions made by Borrower, 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 Lenders or Servicing Agent on or about the Closing Date.

Appears in 1 contract

Sources: Loan and Security Agreement (Vtel Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements related to Borrower and any Subsidiary 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 for the period therein specified, and Borrower's consolidated results of operations for the period then ended. Except as set forth in the Schedule relative to certain recent acquisitions made by Borrower, 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 on or about the Closing Date.

Appears in 1 contract

Sources: Loan and Security Agreement (Silknet Software Inc)