Common use of Condition of the Borrower Clause in Contracts

Condition of the Borrower. The consolidated balance sheet of the Borrower as at March 30, 2012, and the related consolidated statements of income and stockholders’ equity of the Borrower for the fiscal year then ended, copies of which have been furnished to each Bank, fairly present the consolidated financial condition of the Borrower as at such date and the consolidated results of the operations of the Borrower for the fiscal year ended on such date, all in accordance with GAAP consistently applied. There has been no material adverse change in the business, financial condition or operations of the Borrower and the Subsidiaries, taken as a whole, since March 30, 2012.

Appears in 1 contract

Samples: Term Loan Agreement (Computer Sciences Corp)

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Condition of the Borrower. The consolidated balance sheet of the Borrower as at March 30April 2, 20122010, and the related consolidated statements of income and stockholders’ equity of the Borrower for the fiscal year then ended, copies of which have been furnished to each Bank, fairly present the consolidated financial condition of the Borrower as at such date and the consolidated results of the operations of the Borrower for the fiscal year ended on such date, all in accordance with GAAP consistently applied. There has been no material adverse change in the business, financial condition or operations of the Borrower and the Subsidiaries, taken as a whole, since March 30April 2, 20122010.

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

Condition of the Borrower. The consolidated balance sheet of the Borrower as at March 3031, 20122022, and the related consolidated statements of income and stockholders’ equity of the Borrower for the fiscal year then ended, copies of which have been furnished to each Bank, fairly present the consolidated financial condition of the Borrower as at such date and the consolidated results of the operations of the Borrower for the fiscal year ended on such date, all in accordance with GAAP consistently applied. There has been no material adverse change in the business, financial condition or operations of the Borrower and the Subsidiaries, taken as a whole, since March 3031, 20122022.

Appears in 1 contract

Samples: Term Loan Credit Agreement (DXC Technology Co)

Condition of the Borrower. The consolidated balance sheet of the Borrower as at March 30December 31, 20122017, and the related consolidated statements of income and stockholders’ equity of the Borrower for the fiscal year then ended, copies of which have been furnished to each BankLender, fairly present the consolidated financial condition of the Borrower as at such date and the consolidated results of the operations of the Borrower for the fiscal year ended on such date, all in accordance with GAAP consistently applied. There has been no material adverse change in the business, financial condition or operations of the Borrower and the its Subsidiaries, taken as a whole, since March 30December 31, 20122017.

Appears in 1 contract

Samples: Term Loan Credit Agreement (DXC Technology Co)

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Condition of the Borrower. The consolidated balance sheet of the Borrower as at March 3031, 20122018, and the related consolidated statements of income and stockholders’ equity of the Borrower for the fiscal year quarter then ended, copies of which have been furnished to each Bankthe Administrative Agent, fairly present the consolidated financial condition of the Borrower as at such date and the consolidated results of the operations of the Borrower for the fiscal year quarter ended on such date, all in accordance with GAAP consistently applied. There has been no material adverse change in the business, financial condition or operations of the Borrower and the Subsidiaries, taken as a whole, since March 3031, 20122018.

Appears in 1 contract

Samples: Term Loan Credit Agreement (DXC Technology Co)

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