Borrower’s Financial Condition; No Defaults Sample Clauses

Borrower’s Financial Condition; No Defaults. There is no material adverse change in Borrower’s financial condition since the time Borrower applied for the Loan. Borrower is not in default under any of the Loan Documents or the Construction Contract and no event has occurred that, by notice or the passage of time, would constitute a default under this Agreement, any of the Loan Documents, or the Construction Contract. Xxxxxxxx has complied completely with all of Xxxxxxxx’s promises about the Work.
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Related to Borrower’s Financial Condition; No Defaults

  • SPECIAL CONDITIONS A submitted appeal must;

  • Financial Condition There shall have been no material adverse change, as determined by Bank, in the financial condition or business of Borrower, nor any material decline, as determined by Bank, in the market value of any collateral required hereunder or a substantial or material portion of the assets of Borrower.

  • – OTHER SPECIAL CONDITIONS The following additional special conditions apply to this agreement:

  • Financial Covenants Section 4.01. (a) The Borrower shall maintain or cause to be maintained records and accounts adequate to reflect in accordance with sound accounting practices the operations, resources and expenditures in respect of the Project of the departments or agencies of the Borrower responsible for carrying out the Project or any part thereof.

  • Additional Conditions For each mediation or arbitration:

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