Financial Statement Restatement. Following consummation of the Reorganization, the restatement of any financial statements filed by the Parent with the SEC for any date or period from two years prior to the closing date of the Reorganization and until this Note is no longer outstanding, if the result of such restatement would, by comparison to the unrestated financial statements, have constituted a material adverse effect on the business, operations or financial condition of the Parent.
Appears in 4 contracts
Samples: Second Consolidated Agreement (Cellteck Inc.), These Proposed Terms (Cellteck Inc.), Third Consolidated Amendment Agreement (Cellteck Inc.)
Financial Statement Restatement. Following consummation of the Reorganization, the restatement of any financial statements filed by the Parent parent company with the SEC for any date or period from two years prior to the closing date of the Reorganization and until this Note is no longer outstanding, if the result of such restatement would, by comparison to the unrestated financial statements, have constituted a material adverse effect on the business, operations or financial condition of the Parentparent company.
Appears in 1 contract
Samples: Loan Agreement and Secured Promissory Note (Cellteck Inc.)
