Common use of ACCURACY OF FINANCIAL STATEMENTS AND OTHER INFORMATION Clause in Contracts

ACCURACY OF FINANCIAL STATEMENTS AND OTHER INFORMATION. The financial statements of the Guarantor given to the Lessor in connection with the consummation of the transaction contemplated by the Lease Documents were true, complete and accurate and fairly presented the financial condition of the Guarantor as of the date thereof and for the periods covered thereby, having been prepared in accordance with GAAP and such financial statements disclosed all material liabilities, including, without limitation, contingent liabilities, of the Guarantor. There has been no material adverse change since such date with respect to the Tangible Net Worth or liquidity of the Guarantor or with respect to any other matters referred to or contained therein and no additional material liabilities, including, without limitation, contingent liabilities of the Guarantor have arisen or been incurred since such date. The projections heretofore delivered to the Lessor continue to be reasonable (with respect to the material assumptions upon which such projections are based) and the Guarantor reasonably anticipates the results projected therein will be achieved, there having been (a) no material adverse change in the business, assets or condition, financial or otherwise of the Guarantor or (b) no material depletion of the Guarantor's cash or decrease in working capital.

ACCURACY OF FINANCIAL STATEMENTS AND OTHER INFORMATION. The financial statements of the Guarantor given to the Lessor in connection with the consummation of the transaction contemplated by the Lease Documents were true, complete and accurate and fairly presented the financial condition of the Guarantor as of the date thereof and for the periods covered thereby, having been prepared in accordance with GAAP and such financial statements disclosed all material liabilities, including, without limitation, contingent liabilities, liabilities of the GuarantorGuarantor as required by GAAP. There has been no material adverse change since such date with respect to the Tangible Net Worth or liquidity of the Guarantor or with respect to any other matters referred to or contained therein and no additional material liabilities, including, without limitation, contingent liabilities of the Guarantor have arisen or been incurred since such date. The projections heretofore delivered to the Lessor continue to be reasonable (with respect to the material assumptions upon which such projections are based) and the Guarantor reasonably anticipates the results projected therein will be achieved, there having been (aA) no material adverse change in the business, assets or condition, financial or otherwise of the Guarantor or (bB) no material depletion of the Guarantor's cash or decrease in working capital.capital except in the ordinary course of business;

ACCURACY OF FINANCIAL STATEMENTS AND OTHER INFORMATION. The financial statements of the Guarantor given to the Lessor Lender in connection with the consummation making of the transaction contemplated by the Lease Documents Loan were true, complete and accurate and fairly presented the financial condition of the Guarantor as of the date thereof and for the periods covered thereby, having been prepared in accordance with GAAP and such financial statements disclosed all material liabilities, liabilities (including, without limitation, contingent liabilities, ) of the Guarantor. There has been no material adverse change since such date with respect to the Tangible Net Worth or liquidity of the Guarantor or with respect to any other matters referred to or contained therein and no additional material liabilities, liabilities (including, without limitation, contingent liabilities liabilities) of the Guarantor have arisen or been incurred since such date. The projections heretofore delivered to the Lessor Lender continue to be reasonable (with respect to the material assumptions upon which such projections are based) and the Guarantor reasonably anticipates the results projected therein will be achieved, there having been (aA) no material adverse change in the business, assets or condition, financial or otherwise of the Guarantor or (bB) no material depletion of the Guarantor's cash or decrease in working capital.;