Accuracy of Financial Information. All financial information hereafter given to Lender by Borrower, any Guarantor, or any accountant, or other professional therefor pertaining to Borrower, any Guarantor, or any Subsidiary thereof shall reasonably and accurately reflect the facts stated therein or represented thereby as of the dates of such financial information subject to, in the case of non-fiscal year-end information, normal year-end adjustments, and shall be prepared in accordance with GAAP and otherwise in a manner that is consistent with the financial information with which Lender has been provided heretofore. There shall be no omissions of material facts therefrom, determined in accordance with GAAP, and there shall be no material and erroneous statements therein, determined in accordance with GAAP.
Appears in 6 contracts
Samples: Loan and Guaranty Agreement (Pangaea Logistics Solutions Ltd.), Loan and Guaranty Agreement (Pangaea Logistics Solutions Ltd.), Loan and Guaranty Agreement (Pangaea Logistics Solutions Ltd.)
Accuracy of Financial Information. All financial information hereafter given to Lender by Borrower, any Guarantor, or any accountant, or other professional therefor pertaining to Borrower, any Guarantor, or any Subsidiary thereof shall reasonably and accurately reflect the facts stated therein or represented thereby as of the dates of such financial information subject to, in the case of non-fiscal year-end information, normal year-end adjustments, and shall be prepared in accordance with GAAP and otherwise in a manner that is consistent with the financial information with which Lender has been provided heretofore. There shall be no omissions of material facts therefrom, determined in accordance with GAAP, and there shall be no material and erroneous statements therein, determined in accordance with GAAP.
Appears in 2 contracts
Samples: Loan and Guaranty Agreement (Pangaea Logistics Solutions Ltd.), Loan and Guaranty Agreement (Quartet Holdco Ltd.)