Common use of COVERED Clause in Contracts

COVERED. There has been no change in the financial condition, results of operations, or cash flows of the Borrower since the date(s) of such financial statements, other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregate.

Appears in 18 contracts

Samples: Loan and Security Agreement (Harvey Electronics Inc), Loan and Security Agreement (Designs Inc), Loan Agreement (Cascade Systems Inc)

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COVERED. There has been no change in the financial condition, results of operations, or cash flows of the Borrower Borrowers since the date(s) of such financial statements, other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregate.

Appears in 2 contracts

Samples: Loan and Security Agreement (Baker J Inc), Loan and Security Agreement (Homeplace of America Inc)

COVERED. There has been no change in the financial condition, results of operations, or cash flows of the any Borrower since the date(s) of such financial statements, other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregate.

Appears in 1 contract

Samples: Loan and Security Agreement (Homebase Inc)

COVERED. There has been no change in the financial condition, results of operations, or cash flows of the Borrower Borrowers since the date(s) of such financial statements, other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregate.

Appears in 1 contract

Samples: Loan and Security Agreement (Dynagen Inc)

COVERED. There has been no change in the financial condition, results of operations, or cash flows of the Borrower since the date(s) of such financial statementsstatements (except as disclosed to the Lender in the Business Plan or otherwise in writing), other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregate.

Appears in 1 contract

Samples: Loan and Security Agreement (Garden Botanika Inc)

COVERED. There has been no change in the financial condition, results of operations, or cash flows of the Borrower since the date(s) of the most recent such financial statements, other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregateaggregate to the business, operations, properties or performance of the Borrower and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Loan and Security Agreement (CSS Trade Names Inc)

COVERED. There has been no change in the financial condition, results of operations, or cash flows of the Borrower since the date(s) of such the most recently provided financial statements, other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregate.

Appears in 1 contract

Samples: Loan and Security Agreement (Paper Warehouse Inc)

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COVERED. There has been no change in the financial condition, results of operations, or cash flows of the Borrower since the date(s) of such financial statements, other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregateaggregate which has not been disclosed in writing to the Lender prior to the exectuion of the within Agreement.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Factory Card Outlet Corp)

COVERED. There has been no change Material Adverse Change in the financial condition, results of operations, or cash flows of the Borrower since the date(s) of such financial statements, other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregate.

Appears in 1 contract

Samples: Loan and Security Agreement (Great Train Store Co)

COVERED. There has been no change in the financial condition, results of operations, or cash flows of the Borrower and its Subsidiaries since the date(s) of such financial statements, other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregate.

Appears in 1 contract

Samples: Loan and Security Agreement (Harrys Farmers Market Inc)

COVERED. There has been no change in the financial condition, results of operations, or cash flows of the Borrower since the date(s) of such financial statements, other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregate.,

Appears in 1 contract

Samples: Loan and Security Agreement (Factory Card Outlet Corp)

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