Common use of Consolidation of Variable Interest Rate Entities Clause in Contracts

Consolidation of Variable Interest Rate Entities. All references herein to consolidated financial statements of the Borrower and its Subsidiaries or to the determination of any amount for the Borrower and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity was a Subsidiary as defined herein.

Appears in 18 contracts

Samples: Credit Agreement (Societal CDMO, Inc.), Credit Agreement (Societal CDMO, Inc.), Credit Agreement (Zevra Therapeutics, Inc.)

AutoNDA by SimpleDocs

Consolidation of Variable Interest Rate Entities. All references herein to consolidated financial statements of the Borrower Issuer and its Subsidiaries or to the determination of any amount for the Borrower Issuer and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower Issuer is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity was a Subsidiary as defined herein.

Appears in 6 contracts

Samples: Convertible Note and Warrant Purchase Agreement (Terran Orbital Corp), Note Purchase Agreement (Terran Orbital Corp), Convertible Note and Warrant Purchase Agreement (Terran Orbital Corp)

Consolidation of Variable Interest Rate Entities. All references herein to consolidated financial statements of the Borrower Issuer and its Subsidiaries or the Acquiror and its Subsidiaries or to the determination of any amount for the Borrower Issuer and its Subsidiaries or the Acquiror and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower Issuer is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity was a Subsidiary as defined herein.

Appears in 5 contracts

Samples: Note Purchase Agreement (Terran Orbital Corp), Note Purchase Agreement (Terran Orbital Corp), Note Purchase Agreement (Tailwind Two Acquisition Corp.)

Consolidation of Variable Interest Rate Entities. All references herein to consolidated financial statements of the Borrower and its Subsidiaries or to the determination of any amount for the Borrower and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower is required to consolidate pursuant to FASB ASC 810 IFRS 10 and IFRS 12 as if such variable interest entity was a Subsidiary as defined herein.

Appears in 4 contracts

Samples: Credit Agreement (Greenbrook TMS Inc.), Credit Agreement (Greenbrook TMS Inc.), Credit Agreement (Greenbrook TMS Inc.)

Consolidation of Variable Interest Rate Entities. All references herein to consolidated financial statements of the Borrower and its Subsidiaries or to the determination of any amount for the Borrower and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower is required to consolidate consolidated pursuant to FASB ASC 810 as if such variable interest entity was a Subsidiary Subsidiaries as defined herein.

Appears in 4 contracts

Samples: Credit Agreement (Coherus BioSciences, Inc.), Credit Agreement (Portola Pharmaceuticals Inc), Credit Agreement (Lpath, Inc)

Consolidation of Variable Interest Rate Entities. All references herein to consolidated financial statements of the Borrower BorrowerIssuer and its Subsidiaries or the Acquiror and its Subsidiaries or to the determination of any amount for the Borrower and itsIssuer and its Subsidiaries or the Acquiror and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity was a Subsidiary as defined herein.

Appears in 1 contract

Samples: Note Purchase Agreement (Terran Orbital Corp)

Consolidation of Variable Interest Rate Entities. All references herein to consolidated financial statements of the Borrower Parent and its Subsidiaries or to the determination of any amount for the Borrower Parent and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower Parent is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity was a Subsidiary as defined herein.

Appears in 1 contract

Samples: Credit Agreement (Venus Concept Inc.)

AutoNDA by SimpleDocs

Consolidation of Variable Interest Rate Entities. All references herein to consolidated financial statements of the Borrower Parent and its Subsidiaries or to the determination of any amount for the Borrower Parent and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower Parent is required to consolidate consolidated pursuant to FASB ASC 810 as if such variable interest entity was a Subsidiary Subsidiaries as defined herein.

Appears in 1 contract

Samples: Credit Agreement (Lpath, Inc)

Consolidation of Variable Interest Rate Entities. All references herein to consolidated financial statements of the Borrower and its Subsidiaries or to the determination of any amount for the Borrower and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity was a Subsidiary as defined herein.. 40 CHAR1\1659840v4

Appears in 1 contract

Samples: Credit Agreement (Establishment Labs Holdings Inc.)

Consolidation of Variable Interest Rate Entities. All references herein to consolidated financial statements of the Borrower Issuer and its Subsidiaries or the Acquiror and its Subsidiaries or to the determination of any amount for the Borrower Issuer and its Subsidiaries or the Acquiror and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower is required to consolidate pursuant to FASB ASC 810 as if such variable interest entity was a Subsidiary as defined herein.

Appears in 1 contract

Samples: Note Purchase Agreement (Terran Orbital Corp)

Consolidation of Variable Interest Rate Entities. All references herein to consolidated financial statements of the Borrower and its Subsidiaries or to the determination of any amount for the Borrower and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower is required to consolidate pursuant to FASB ASC 810 IFRS as if such variable interest entity was were a Subsidiary as defined herein.

Appears in 1 contract

Samples: Credit Agreement (Calliditas Therapeutics AB)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!