Correctness of Financial Statements. Parent’s financial statements which have been delivered to each Lender fairly and accurately reflect in all material respects Borrowers’ consolidated financial condition in accordance with GAAP (except for the absence of footnote disclosures and subject to normal year end adjustments) as of the latest date of such financial statements; and, since that date there has been no Material Adverse Change.
Appears in 2 contracts
Samples: Loan and Security Agreement (Athersys, Inc / New), Loan and Security Agreement (BTHC VI Inc)
Correctness of Financial Statements. Parent’s The consolidated and consolidating financial statements of Parent and its Subsidiaries which have been delivered to each Lender fairly and accurately reflect in all material respects Borrowers’ consolidated the financial condition of Parent and its Subsidiaries in accordance with GAAP (except for the absence of footnote disclosures and subject to normal year end adjustments) as of the latest date of such financial statements; and, since that date there has been no Material Adverse Change.
Appears in 1 contract
Samples: Loan and Security Agreement (Oculus Innovative Sciences, Inc.)
Correctness of Financial Statements. Parent’s The Consolidated financial statements of Parent which have been delivered to each Lender fairly and accurately reflect in all material respects Borrowers’ consolidated the financial condition of Parent and its Subsidiaries in accordance with GAAP (except with respect to unaudited financial statements, for the absence of footnote disclosures footnotes and subject to normal year year-end adjustments) as of the latest date of such financial statements; and, since that date there has been no Material Adverse Change.
Appears in 1 contract
Samples: Loan and Security Agreement (Bacterin International Holdings, Inc.)
