Changes in Financial Condition. Since the date that Borrower has applied for the Loan, there has been no material adverse change in the assets or the financial condition of Borrower from that set forth or reflected in the Financial Statements as of that date or for the period then ended.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Saddlebrook Resorts Inc)
Changes in Financial Condition. Since the date that Borrower has applied for the Loanloan, there has been no material adverse change in the assets or the financial condition of Borrower from that set forth or reflected in the Financial Statements as of that date or for the period then ended.
Appears in 2 contracts
Samples: Term Loan Agreement (Jagged Peak, Inc.), Loan Agreement (Jagged Peak, Inc.)
Changes in Financial Condition. Since the date that the Borrower has applied for the Loanloan and/or the Commitment Letter was issued, there has been no material adverse change in the assets or the financial condition of the Borrower and the Guarantors, on a consolidated basis, from that set forth or reflected in the Financial Statements as of that date or for the period then ended.
Appears in 1 contract
Samples: Loan Agreement (Tropical Sportswear International Corp)
