Initial Financial Statements; No Material Adverse Effect. (a) The Borrower has heretofore delivered to the Lenders true, correct and complete copies of the Initial Financial Statements. The Initial Financial Statements were prepared in accordance with GAAP, subject, in the case of unaudited financial statements, to changes resulting from normal year-end adjustments and absence of footnotes. The Initial Financial Statements fairly present in all material respects the Borrower’s Consolidated financial position at the date thereof, the Consolidated results of the Borrower’s operations for the periods thereof and the Borrower’s Consolidated cash flows for the period thereof.
Appears in 10 contracts
Samples: Credit Agreement (NuStar Energy L.P.), Credit Agreement (Energy Transfer LP), Credit Agreement (Sunoco LP)
Initial Financial Statements; No Material Adverse Effect. (a) The Borrower has heretofore delivered to the Lenders true, correct and complete copies of the Initial Financial Statements. The Initial Financial Statements were prepared in accordance with GAAP, subject, in the case of unaudited financial statements, to changes resulting from normal year-end adjustments and absence of footnotes. The Initial Financial Statements fairly present present, in all material respects respects, the Borrower’s Consolidated financial position at the date thereof, the Consolidated results of the Borrower’s operations for the periods thereof and the Borrower’s Consolidated cash flows for the period periods thereof.
Appears in 6 contracts
Samples: Credit Agreement (Energy Transfer Equity, L.P.), Senior Secured Term Loan Agreement (Energy Transfer Equity, L.P.), Senior Secured Term Loan C Agreement
Initial Financial Statements; No Material Adverse Effect. (a) The Borrower has heretofore delivered to the Lenders true, correct and complete copies of the Initial Financial Statements. The Initial Borrower Financial Statements were prepared in accordance with GAAP, subject, in the case of unaudited financial statements, to changes resulting from normal year-end adjustments and absence of footnotes. The Initial Borrower Financial Statements fairly present in all material respects the Borrower’s Consolidated financial position at the date thereof, the Consolidated results of the Borrower’s operations for the periods thereof and the Borrower’s Consolidated cash flows for the period thereof.
Appears in 4 contracts
Samples: Credit Agreement (Energy Transfer Equity, L.P.), Credit Agreement (Energy Transfer Equity, L.P.), Credit Agreement (Energy Transfer Equity, L.P.)
Initial Financial Statements; No Material Adverse Effect. (a) The Borrower has heretofore delivered to the Lenders true, correct and complete copies of the Initial Financial Statements. The Initial Borrower Financial Statements were prepared in accordance with GAAP, subject, in the case of unaudited financial statements, to changes resulting from normal year-end adjustments and absence of footnotes. The Initial Borrower Financial Statements fairly present in all material respects the Borrower’s or the Company’s, as applicable, Consolidated financial position at the date thereof, the Consolidated results of the Borrower’s or the Company’s, as applicable, operations for the periods thereof and the Borrower’s or the Company’s, as applicable, Consolidated cash flows for the period periods thereof.
Appears in 3 contracts
Samples: Credit Agreement (Energy Transfer Equity, L.P.), Assignment and Assumption (Energy Transfer Equity, L.P.), Credit Agreement (Energy Transfer Equity, L.P.)
