Common use of Financial Statements Prepared In Accordance with GAAP Clause in Contracts

Financial Statements Prepared In Accordance with GAAP. All financial statements delivered to Secured Party in connection with the Indebtedness have been prepared in accordance with generally accepted accounting principles, and since the date of the most recent financial statement, there has been no material adverse change in Debtor’s financial condition;

Appears in 3 contracts

Samples: Master Security Agreement (Alnylam Pharmaceuticals, Inc.), Master Security Agreement (Biolex, Inc.), Master Security Agreement (Robcor Properties Inc)

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Financial Statements Prepared In Accordance with GAAP. All financial statements delivered to Secured Party in connection with the Indebtedness have been prepared in accordance with generally accepted accounting principles (provided that those financial statements that are unaudited are subject to normal year-end adjustments, which adjustments the Debtor does not expect to be material, and do not contain all footnotes required under generally accepted accounting principles), and since the date of the most recent financial statement, there has been no material adverse change in Debtor’s financial condition;

Appears in 3 contracts

Samples: Master Security Agreement (Acusphere Inc), Master Security Agreement (Acusphere Inc), Master Security Agreement (Acusphere Inc)

Financial Statements Prepared In Accordance with GAAP. All financial statements delivered to Secured Party in connection with the Indebtedness have been prepared in accordance with generally accepted accounting principlesGenerally Accepted Accounting Principles (“GAAP”), and since the date of the most recent financial statement, there has been no material adverse change in Debtor’s financial condition;

Appears in 2 contracts

Samples: Master Security Agreement (Ironwood Pharmaceuticals Inc), Master Security Agreement (Pharmacopeia Drug Discovery Inc)

Financial Statements Prepared In Accordance with GAAP. All financial statements delivered to Secured Party in connection with the Indebtedness have been prepared in accordance with generally accepted accounting principles, and since the date of the most recent financial statement, there has been no material adverse change in Debtor’s 's financial condition;

Appears in 2 contracts

Samples: Master Security Agreement (Alsius Corp), Master Security Agreement (Athenahealth Inc)

Financial Statements Prepared In Accordance with GAAP. All financial statements delivered to Secured Party in connection with the Indebtedness have been prepared in accordance with generally accepted accounting principles, and since the date of the most recent financial statementstatements delivered to Secured Party, there has been no material adverse change in Debtor’s Debtors financial condition;

Appears in 1 contract

Samples: Master Loan and Security Agreement (Infinity Pharmaceuticals, Inc.)

Financial Statements Prepared In Accordance with GAAP. All financial statements delivered to Secured Party in connection with the Indebtedness have been prepared in accordance with generally accepted accounting principlesprinciples (except that the monthly, quarterly and other unaudited financial statements do not contain notes thereto or account for normal year-end audit adjustments), and since the date of the most recent financial statement, there has been no material adverse change in Debtor’s financial condition;.

Appears in 1 contract

Samples: Master Security Agreement (Reply! Inc)

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Financial Statements Prepared In Accordance with GAAP. All financial statements delivered to Secured Party in connection with the Indebtedness have been prepared in accordance with generally accepted accounting principles, subject to year end adjustment, and since the date of the most recent financial statement, there has been no material adverse change Material Adverse Change in Debtor’s financial condition;.

Appears in 1 contract

Samples: Master Security Agreement (Vical Inc)

Financial Statements Prepared In Accordance with GAAP. All financial statements delivered to Secured Party in connection with will) the Indebtedness have been prepared in accordance with generally accepted accounting principles, but excluding footnotes and normal year-end adjustments, and since the date of the most recent financial statement, there has been no material adverse change in Debtor’s to Debtors financial condition;

Appears in 1 contract

Samples: Master Security Agreement (Omeros Corp)

Financial Statements Prepared In Accordance with GAAP. All financial statements delivered to Secured Party in connection with the Indebtedness have been prepared in accordance with generally accepted accounting principles, and since the date of the most recent financial statement, there has been no material adverse change Material Adverse Change (as hereinafter defined) in Debtor’s Debtors financial condition;

Appears in 1 contract

Samples: Master Security Agreement (Genomic Health Inc)

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