Common use of Current Financials Clause in Contracts

Current Financials. The Current Financials were prepared in ------------------ accordance with GAAP and present fairly, in all material respects, the financial condition, results of operations, and cash flows of the Companies as of, and for the portion of the fiscal year ending on their date or dates (subject only to normal year-end adjustments). All material liabilities of the Companies as of the date or dates of the Current Financials are reflected in them or notes to them. Except for transactions directly related to, or specifically contemplated by, the Loan Documents, no subsequent material adverse changes have occurred in the financial condition of the Companies from that shown in the Current Financials, nor has any Company incurred any subsequent material liability.

Appears in 3 contracts

Samples: Credit Agreement (Pioneer Commercial Funding Corp /Ny/), Credit Agreement (Matrix Bancorp Capital Trust I), Credit Agreement (Matrix Capital Corp /Co/)

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Current Financials. The Current Financials were prepared in ------------------ accordance with GAAP and present fairly, in all material respects, the financial condition, results of operations, and cash flows of the Companies as of, and for the portion of the fiscal year ending on their date or dates (subject only to normal year-end adjustments). All material liabilities of the Companies as of the date or dates of the Current Financials are reflected in them or notes to them. Except for transactions directly related to, or specifically contemplated by, the Loan Documents, no subsequent material adverse changes have occurred in the financial condition of the Companies from that shown in the Current Financials, nor has any Company incurred any subsequent material liability.

Appears in 3 contracts

Samples: Loan Agreement (Matrix Bancorp Inc), Loan Agreement (Matrix Capital Corp /Co/), Credit Agreement (Rac Financial Group Inc)

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Current Financials. The Current Financials were prepared in ------------------ accordance with GAAP and present fairly, in all material respects, the financial condition, results of operations, and cash flows of the Companies as of, and for the portion of the fiscal year ending on their date or dates (subject only to normal year-end adjustments). All material liabilities of the Companies as of the date or dates of the Current Financials are reflected in them or notes to them. Except for transactions directly related to, or specifically contemplated by, the Loan Credit Documents, no subsequent material adverse changes have occurred in the financial condition of the Companies from that shown in the Current Financials, nor has any Company incurred any subsequent material liability.

Appears in 1 contract

Samples: Credit Agreement (Cfi Mortgage Inc)

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