Common use of Initial Financial Statements; No Material Adverse Effect Clause in Contracts

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. The Initial Financial Statements fairly present 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 3 contracts

Samples: 364 Day Term Loan Agreement (Energy Transfer Equity, L.P.), Credit Agreement (Energy Transfer Partners, L.P.), 364 Day Term Loan Agreement (Energy Transfer Partners, L.P.)

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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. The Initial Borrower Financial Statements fairly present 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 1 contract

Samples: Credit Agreement (Energy Transfer Equity, L.P.)

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Initial Financial Statements; No Material Adverse Effect. (ac) 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. The Initial Borrower Financial Statements fairly present 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 1 contract

Samples: Senior Secured Bridge Term Loan Agreement (Energy Transfer Equity, L.P.)

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