Common use of Information Correct and Current Clause in Contracts

Information Correct and Current. No written 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 will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or 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 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 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 at the time of furnishing such projections to the Agent, and (ii) the most current of such projections provided to the Managers (it being understood 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, that actual results may differ).

Appears in 2 contracts

Samples: Loan and Security Agreement (Oak Street Health, Inc.), Loan and Security Agreement (Oak Street Health, 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 Agent in connection with any Loan Document or included therein or delivered pursuant thereto (other than the projections) contained, or, when taken as a whole, contains or will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or 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 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 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 at the time of furnishing such projections to the AgentBorrower, and (ii) the most current of such projections provided to the Managers Borrower’s Board of Directors (it being understood 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, realized and that actual results may differdiffer materially).

Appears in 1 contract

Samples: Loan and Security Agreement (Kaleido Biosciences, Inc.)

Information Correct and Current. No written 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 will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or 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 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 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 Borrower and believed by Borrower to be reasonable at the time of furnishing such projections to the Agentwere prepared, and (ii) the most current of such projections provided to the Managers Borrower’s Board of Directors (it being understood 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 may differ).

Appears in 1 contract

Samples: Loan and Security Agreement (Motif Bio PLC)

Information Correct and Current. No written 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 (other than financial or business projections) contained, or, when taken as a whole, contains or will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or 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 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 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 at the time of furnishing such projections to the AgentBorrower, and (ii) the most current of such projections provided to the Managers (Borrower’s Board of Directors, and provided that it being is understood that such the projections are based on assumptions made in good faith but 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 may differ)differ significantly and no assurances are provided by Borrower for any projections made or given.

Appears in 1 contract

Samples: Loan and Security Agreement (COMPASS Pathways PLC)

Information Correct and Current. No written information, report, Advance Purchase Request, financial statement, exhibit or schedule furnished, by or on behalf of Borrower any Note Party to Agent in connection with any Loan Note Document or included therein or delivered pursuant thereto contained, or, when taken as a whole, contains or will contain any material misstatement of fact or, when taken together with all other such written information or documents, omitted, omits or 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 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 Borrower the Note Parties 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 the Note Parties at the time of furnishing such projections to the Agent, prepared and (ii) the most current of such projections provided to the Managers Board (it being understood that such projections are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrowerthe Note Parties, that no assurance is given that any particular projections will be realized, that actual results may differ).

Appears in 1 contract

Samples: Securities Purchase Agreement (Myovant Sciences Ltd.)

Information Correct and Current. No written information, report, Advance Request, financial statement, certificate, exhibit or schedule furnished, by or on behalf of Borrower to Agent Lender in connection with any Loan Document or included therein or delivered pursuant thereto contained, or, when taken as a whole, contains or will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or 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 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 Borrower to AgentLender, whether prior to or after the Initial Closing Date, shall be (i) provided in good faith and based on the most current data and information available to Borrower at the time of furnishing such projections to the AgentBorrower, and (ii) the most current of such projections provided to the Managers Borrower’s Board of Directors (it being understood 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, realized and that actual results may differdiffer materially).

Appears in 1 contract

Samples: Loan and Security Agreement (Plug Power Inc)

Information Correct and Current. No written information, report, Advance Request, financial statement, exhibit or schedule furnished, by or on behalf of Borrower any Loan Party to Agent in connection with any Loan Document or included therein or delivered pursuant thereto contained, or, when taken as a whole, contains or will contain any material misstatement of fact or, when taken together with all other such written information or documents, omitted, omits or 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 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 Borrower the Loan Parties 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 the Loan Parties at the time of furnishing such projections to the Agentprepared, and (ii) the most current of such projections provided to the Managers such Loan Party’s Board of Directors (it being understood that such projections are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrowerthe Loan Parties, that no assurance is given that any particular projections will be realized, that actual results may differ).

Appears in 1 contract

Samples: Loan and Security Agreement (BICYCLE THERAPEUTICS PLC)

Information Correct and Current. No written 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 thereto, contained, or, when taken as a whole, contains or will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or 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 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 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 at the time of furnishing such projections to the AgentBorrower, and (ii) the most current of such projections provided to the Managers Borrower’s Board of Directors (it being understood that such projections are subject to significant uncertainties uncertainties, changes in circumstances and contingencies, many of which are beyond the control of the Borrower, that no assurance is given that any particular projections will be realized, that actual results may differ).

Appears in 1 contract

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

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Information Correct and Current. No written information, report, Advance RequestPurchase Notice, financial statement, exhibit or schedule furnished, by or on behalf of Borrower Issuer to Agent Purchaser in connection with any Loan Document this Agreement or included therein or delivered pursuant thereto containedthe Securities Purchase Agreement, or, when taken as a whole, contains or will contain any material misstatement of fact or, when taken together with all other such written information or documents, omitted, omits or 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 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 Borrower Issuer to AgentPurchaser, whether prior to or after the Closing Purchase Date, shall be (ia) provided in good faith and based on the most current data and information available to Borrower the Issuer at the time of furnishing such projections to the Agent, prepared and (iib) the most current of such projections provided to the Managers Board of Directors of Issuer (it being understood that such projections are subject to significant uncertainties and contingencies, many of which are beyond the control of Borrowerthe Issuer, that no assurance is given that any particular projections will be realized, that actual results may differ).

Appears in 1 contract

Samples: Equity Purchase Agreement (Myovant Sciences Ltd.)

Information Correct and Current. No written 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(other than projections, orother forward-looking information, budgets, forecasts and estimates, information and reports prepared by third-party advisors, information with respect to third parties and general economic or industry information that has been and will be made available to Agent or any of the Lenders by Borrower, when taken as a wholewhole (after giving effect to all supplements and updates provided with respect to such information through the date furnished)) contained, contains or will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or 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 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 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 at the time of furnishing such projections to the AgentBorrower, and (ii) the most current of such projections provided to the Managers (it being understood that such projections are subject to significant uncertainties and contingencies, many approved by Borrower’s Board of which are beyond the control of Borrower, that no assurance is given that any particular projections will be realized, that actual results may differ)Directors.

Appears in 1 contract

Samples: Loan and Security Agreement (Egalet Corp)

Information Correct and Current. No written informationinformation (excluding projections), 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, contained or, when taken as a whole, contains or will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or 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 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 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 at the time of furnishing such projections to the AgentBorrower, and (ii) the most current of such projections provided to the Managers Borrower’s Board of Directors (it being understood 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, that actual results may differdiffer and that such differences may be material).

Appears in 1 contract

Samples: Loan and Security Agreement (ReachLocal Inc)

Information Correct and Current. No written 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 wholetogether with all such other reports, statements or other documents or writings, contains or will contain any material misstatement of fact or, when taken together with all other such information or documents, omitted, omits or 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 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 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 at the time of furnishing such projections to the AgentBorrower, and (ii) the most current of such projections provided to the Managers Borrower’s Board of Directors (it being understood 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, that actual results may differ).significant

Appears in 1 contract

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

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