No Adverse Change. There shall have been no material adverse change in the condition, financial or otherwise, of the Borrower from such condition as it existed on the date of the most recent financial statements of the Borrower delivered prior to date thereof.
Appears in 4 contracts
Samples: Share Purchase Agreement (Vector Aeromotive Corp), Share Purchase Agreement (American Dream International LTD), Loan and Security Agreement (Vector Aeromotive Corp)
No Adverse Change. There shall have been no material adverse change in the condition, financial or otherwise, of the Borrower or any Subsidiary from such condition as it existed on the date of the most recent financial statements of the Borrower delivered prior to date thereofhereof.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Nobility Homes Inc), Revolving Credit Agreement (Nobility Homes Inc), Revolving Credit Agreement (Nobility Homes Inc)
No Adverse Change. There shall have been no material adverse change in which could have a Material Adverse Effect on the condition, financial or otherwise, of the Borrower or any Subsidiary from such condition as it existed on the date of the most recent financial statements of the Borrower such Person delivered prior to date thereofhereof.
Appears in 2 contracts
Samples: Credit Agreement (Sri Surgical Express Inc), Loan and Security Agreement (Cpac Inc)
No Adverse Change. There shall have been no material adverse change in the condition, financial or otherwise, of the Borrower or any Subsidiary from such condition as it existed on the date of the most recent financial statements of the Borrower such Person delivered prior to date thereofhereof.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Advanced Communication Systems Inc), Revolving Credit Agreement (Boca Research Inc)
No Adverse Change. There shall have been no material adverse change in the condition, financial or otherwise, of the Borrower and the Subsidiaries, taken as whole, from such condition as it existed on the date of the most recent financial statements of the Borrower such person delivered prior to the date thereofhereof.
Appears in 2 contracts
Samples: Loan Agreement (Computer Products Inc), Loan Agreement (Computer Products Inc)
No Adverse Change. There shall have been no material adverse change in the condition, financial or otherwise, of the Borrower from such condition as it existed on the date of the most recent financial statements of the Borrower such Person delivered prior to date thereofhereof.
Appears in 2 contracts
Samples: Acquisition Facility and Revolving Credit Facility Agreement (Continucare Corp), Acquisition Facility and Revolving Credit Facility Agreement (Continucare Corp)
No Adverse Change. There shall have been no material adverse change in the condition, financial or otherwiseother, of the Borrower Borrower, from such condition as it existed on the date of the most recent financial statements of the Borrower delivered prior to before the date thereofof this Agreement.
Appears in 1 contract
No Adverse Change. There shall have been no material adverse ----------------- change in the condition, taken as a whole, financial or otherwise, of the Borrower Borrower, any Subsidiary or any Guarantor from such condition as it existed on the date of the most recent financial statements of the Borrower delivered prior to date thereofhereof.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Pra International Inc)
No Adverse Change. There shall have been no material adverse ----------------- change in the condition, financial or otherwiseother, of the Borrower Borrower, from such condition as it existed on the date of the most recent financial statements of such Person delivered before the Borrower delivered prior to date thereofof this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Display Technologies Inc)
No Adverse Change. There shall have been no material adverse change in which is reasonably likely to have a Material Adverse Effect on the condition, financial or otherwise, of the Borrower or any Subsidiary from such condition as it existed on the date of the most recent financial statements of the Borrower such Person delivered prior to date thereofhereof.
Appears in 1 contract
Samples: Credit and Security Agreement (Sri Surgical Express Inc)
No Adverse Change. There shall have been no material adverse change in the condition, financial or otherwise, of the Borrower Borrower, any Subsidiary or any Guarantor from such condition as it existed on the date of the most recent financial statements of the Borrower such Person delivered prior to date thereofhereof.
Appears in 1 contract
Samples: Credit and Security Agreement (Prestige Cosmetics Corp)
No Adverse Change. There shall have been no material adverse change in the condition, financial or otherwise, of the Borrower or Guarantor from such condition as it existed on the date of the most recent financial statements of the Borrower such Person delivered prior to date thereofhereof.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Nstor Technologies Inc)