Common use of Information Correct and Current Clause in Contracts

Information Correct and Current. No information, report, Advance Request, financial statement, exhibit or schedule furnished, by or on behalf of Borrower to Agent in connection with any Loan Document or included therein or delivered pursuant thereto contained, or, when taken as a whole, contains, or shall contain, any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or shall omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were, are or shall be made, not materially misleading at the time such statement was made or deemed made. Additionally, any and all financial or business projections provided by a Borrower to Agent, whether prior to or after the Closing Date, shall be (i) provided in good faith and based on the most current data and information available to Borrower, and (ii) the most current of such projections provided to Borrower’s Board (it being understood that the projections and forecasts provided by Borrower in good faith and based upon reasonable assumptions are not viewed as facts, that such projections are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrower, that no assurance is given that any particular projections will be realized, and that actual results during the period or periods covered by such projections and forecasts may differ from the projected or forecasted results).

Appears in 5 contracts

Samples: Loan and Security Agreement (Arcus Biosciences, Inc.), Loan and Security Agreement (Seres Therapeutics, Inc.), Loan and Security Agreement (Phathom Pharmaceuticals, Inc.)

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Information Correct and Current. No written information, report, Advance Request, financial statement, exhibit or schedule furnished, by or on behalf of Borrower to the Agent in connection with any Loan Document or included therein or delivered pursuant thereto contained, or, when taken as a whole, contains, contains or shall contain, will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or shall will omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were, are or shall will be made, not materially misleading at the time such statement was made or deemed made. Additionally, any and all financial or business projections provided by a Borrower to the Agent, whether prior to or after the Closing Date, shall be (i) provided in good faith and based on the most current data and information available to BorrowerBorrower at the time of furnishing such projections to the Agent, and (ii) the most current of such projections provided to Borrower’s the Board (it being understood that the projections and forecasts other forward-looking information provided by Borrower in good faith and based upon reasonable assumptions are not viewed as facts, that such projections and forward-looking statements are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrower, that no assurance is given that any particular projections or forward-looking statements will be realized, and that actual results during the period or periods covered by such projections and forecasts may differ from the projected or forecasted resultsdiffer).

Appears in 2 contracts

Samples: Loan and Security Agreement (Oak Street Health, Inc.), Loan and Security Agreement (Oak Street Health, Inc.)

Information Correct and Current. No information, report, Advance Request, financial statement, exhibit or schedule furnished, by or on behalf of Borrower to Agent in connection with any Loan Document or included therein or delivered pursuant thereto contained, or, when taken as a whole, contains, or shall contain, any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or shall omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were, are or shall be made, not materially misleading at the time such statement was made or deemed made. Additionally, any and all financial or business projections provided by a Borrower to Agent, whether prior to or after the Closing Date, shall be (i) provided in good faith and based on the most current data and information available to Borrower, and (ii) the most current of such projections provided to Borrower’s Board (it being understood that the projections and forecasts provided by Borrower in good faith and based upon reasonable assumptions are not viewed as facts, that such projections are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrower, that no assurance is given that any particular projections will be realized, and that actual results during the period or periods covered by such projections and forecasts may differ from the projected or forecasted results).

Appears in 2 contracts

Samples: Loan and Security Agreement (Gritstone Bio, Inc.), Loan and Security Agreement (Gritstone Bio, Inc.)

Information Correct and Current. No information, report, Advance Request, financial statement, exhibit or schedule furnished, by or on behalf of Borrower to Agent in connection with any Loan Document or included therein or delivered pursuant thereto contained, or, when taken as a whole, contains, contains or shall contain, will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or shall will omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were, are or shall will be made, not materially misleading at the time such statement was made or deemed made. Additionally, any and all financial or business projections provided by a Borrower to Agent, whether prior to or after the Closing Date, shall be (i) provided in good faith and based on the most current data and information available to Borrower, and (ii) the most current of such projections provided to Borrower’s Board (of Directors; it being understood by the Agent and the Lender that the such projections and forecasts provided by Borrower in good faith and based upon reasonable assumptions as to future events (x) are not to be viewed as facts, that such projections (y) (1) are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrower, that (2) no assurance is given by Borrower that the results forecast in any particular such projections will be realized, and that (3) the actual results during the period or periods covered by any such projections and forecasts may differ from the projected or forecasted results)forecast results set forth in such projections and such differences may be material, and (z) are not a guarantee of performance.

Appears in 1 contract

Samples: Loan and Security Agreement (Replimune Group, Inc.)

Information Correct and Current. No information, report, Advance Request, financial statement, exhibit or schedule furnished, by or on behalf of Borrower to Agent in connection with any Loan Document or included therein or delivered pursuant thereto contained, orthereto, when taken as a whole, contains, contained or shall contain, contains or will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or shall will omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were, are or shall will be made, not materially misleading at the time such statement was made or deemed made. Additionally, any and all financial or business projections provided by a Borrower to Agent, whether prior to or after the Closing Date, shall be (i) provided in good faith and based on the most current data and information available to Borrower, and (ii) the most current of such projections provided to Borrower’s Board (of Directors; it being understood by the Agent and the Lender that the such projections and forecasts provided by Borrower in good faith and based upon reasonable assumptions as to future events (i) are not to be viewed as facts, that such projections (ii)(A) are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrower, that (B) no assurance is given by Borrower that the results forecast in any particular such projections will be realized, realized and that (C) the actual results during the period or periods covered by any such projections and forecasts may differ from the projected or forecasted results)forecast results set forth in such projections and such differences may be material and (iii) are not a guarantee of performance.

Appears in 1 contract

Samples: Loan and Security Agreement (Tg Therapeutics, Inc.)

Information Correct and Current. No information, report, Advance Request, financial statement, exhibit or schedule furnished, by or on behalf of Borrower to Agent in connection with any Loan Document or included therein or delivered pursuant thereto contained, or, when taken as a whole, contains, or shall contain, any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or shall omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were, are or shall be made, not materially misleading at the time such statement was made or deemed made. Additionally, any and all financial or business projections provided by a Borrower to Agent, whether prior to or after the Closing Date, shall be (i) provided in good faith and based on the most current data and information available to Borrower, and (ii) the most current of such projections provided to BorrowerHilleVax’s Board (it being understood that the projections and forecasts provided by Borrower in good faith and based upon reasonable assumptions are not viewed as facts, that such projections are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrower, that no assurance is given that any particular projections will be realized, and that actual results during the period or periods covered by such projections and forecasts may differ from the projected or forecasted results).

Appears in 1 contract

Samples: Loan and Security Agreement (HilleVax, Inc.)

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Information Correct and Current. No information, report, Advance Request, financial statement, exhibit or schedule furnished, by or on behalf of Borrower to Agent in connection with any Loan Document or included therein or delivered pursuant thereto contained, or, when taken as a whole, contains, contains or shall contain, will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or shall will omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were, are or shall will be made, not materially misleading at the time such statement was made or deemed made. Additionally, any and all financial or business projections provided by a Borrower to Agent, whether prior to or after the Closing Date, shall be (i) provided in good faith and based on assumptions, the most current data and information available to BorrowerBorrower and believed by Borrower to be reasonable at the time such projections were prepared, and (ii) the most current of such projections provided to Borrower’s Board of Directors (it being understood that the projections and forecasts provided by Borrower in good faith and based upon reasonable assumptions are not viewed as facts, that such projections are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrower, that no assurance is given that any particular projections will be realized, and that actual results during the period or periods covered by such projections and forecasts may differ from the projected or forecasted resultsdiffer).

Appears in 1 contract

Samples: Loan and Security Agreement (Motif Bio PLC)

Information Correct and Current. No information, report, Advance Request, financial statement, exhibit or schedule furnished, by or on behalf of Borrower to Agent in connection with any Loan Document or included therein or delivered pursuant thereto contained, or, when taken as a whole, contains, contains or shall contain, will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or shall will omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were, are or shall will be made, not materially misleading at the time such statement was made or deemed made. Additionally, any and all financial or business projections provided by a Borrower to Agent, whether prior to or after the Closing Date, shall be (i) provided in good faith and based on the most current data and information available to Borrower, and (ii) the most current of such projections provided to Borrower’s Board (it being understood that the projections and forecasts provided by Borrower in good faith and based upon reasonable assumptions are not viewed as facts, that such projections are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrower, that no assurance is given that any particular projections will be realized, and that actual results during the period or periods covered by such projections and forecasts may differ from the projected or forecasted results).

Appears in 1 contract

Samples: Loan and Security Agreement (IVERIC Bio, Inc.)

Information Correct and Current. No information, report, Advance Request, financial statement, exhibit or schedule furnished, by or on behalf of Borrower to Agent in connection with any Loan Document or included therein or delivered pursuant thereto contained, or, when taken as a whole, contains, contains or shall contain, will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or shall will omit to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were, are or shall will be made, not materially misleading at the time such statement was made or deemed made. Additionally, any and all financial or business projections provided by a Borrower to Agent, whether prior to or after the Closing Date, shall be (i) provided in good faith and based on the most current data and information available to Borrower, and (ii) the most current of such projections provided to Borrower’s Board of Directors (it being understood that the projections and forecasts provided by Borrower in good faith and based upon reasonable assumptions are not viewed as facts, that such projections are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrower, that no assurance is given that any particular projections will be realized, and that actual results during the period or periods covered by such projections and forecasts may differ from the projected or forecasted results).

Appears in 1 contract

Samples: Loan and Security Agreement (Sight Sciences, Inc.)

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