Common use of Initial Financial Statements Clause in Contracts

Initial Financial Statements. Borrower has heretofore delivered to Lender copies of the Initial Financial Statements which are complete and correct in all material respects. The Initial Financial Statements fairly present Borrower’s combined financial position at the respective dates thereof and the combined results of operations and combined cash flows for the periods then ended. Since the date of the Initial Financial Statements no Material Adverse Change has occurred, except as reflected in Section 5.6 of the Disclosure Schedule. All Initial Financial Statements were prepared in accordance with GAAP.

Initial Financial Statements. The Borrower has heretofore delivered to each Lender true, correct and complete copies of the Initial Financial Statements which are complete and correct in all material respectsStatements. The Initial Financial Statements fairly present present, on a pro forma basis in accordance with GAAP, the Borrower’s combined Consolidated financial position at the respective dates date thereof and the combined Consolidated results of the Borrower’s operations and combined the Borrower’s Consolidated cash flows for the periods then endedperiod thereof. Since the date of the Initial Financial Statements Closing Date no Material Adverse Change has occurred, except as reflected in Section 5.6 7.6 of the Disclosure Schedule. All Initial Financial Statements were prepared in accordance with GAAP.

Initial Financial Statements. Borrower has heretofore delivered to each Lender true, correct and complete copies of the Initial Financial Statements which are complete and correct in all material respectsStatements. The Initial Financial Statements fairly present Borrower’s combined 's Consolidated financial position at the respective dates date thereof and the combined Consolidated results of Borrower's operations and combined Borrower's Consolidated cash flows for the periods then endedrespective period thereof. Since the date of the annual Initial Financial Statements no Material Adverse Change has occurred, except as reflected in Section 5.6 of the Disclosure Schedule. All Initial Financial Statements were prepared in accordance with GAAP.

Initial Financial Statements. Borrower has heretofore delivered to each Lender true, correct and complete copies of the Initial Financial Statements which are complete and correct in all material respectsStatements. The Initial Financial Statements fairly present Borrower’s combined 's Consolidated financial position at the respective dates thereof and the combined Consolidated results of Borrower's operations and combined Borrower's Consolidated cash flows for the respective periods then endedthereof. Since the date of the Initial Financial Statements no Material Adverse Change has occurred, except as reflected in Section 5.6 of the Disclosure Schedule. All Initial Financial Statements were prepared in accordance with GAAP.