No Financial Change Sample Clauses

No Financial Change. There has been no material adverse change in Borrower’s, financial condition since the closing of the Loan.
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No Financial Change. Borrower shall make no material change in the financial or operational aspects of the business, specifically including but not limited to the borrowing of additional money, the granting of additional liens significantly altering the plan for capital expenditures, salaries of partners or employees, or Borrower's product or service, without the prior written consent of Lender, except as otherwise provided for in this Loan Agreement.
No Financial Change. There has been no material adverse change in the financial condition of Borrower or any Borrower Party since the closing of the Master Line.
No Financial Change. Borrower shall, for the duration of the Loan (i.e. the period beginning with the closing and funding of the Loan and continuing until repayment in full), make no material change in the financial or operational aspects of the business, specifically including but not limited to the borrowing of additional money, the granting of additional liens significantly altering the plan for capital expenditures, salaries of partners or employees, or Borrower’s product or service, without the prior written consent of Lender, except as otherwise provided for in this Loan Agreement or in connection with a repayment of the Loan in full.
No Financial Change. There has been no material adverse change in Borrower’s financial condition since the initial delivery by Borrower to Lender of financial information for Borrower and/or this Property.
No Financial Change. The Corporation has furnished the Secured Party with current financial statements. Such financial statements are complete and correct and have been prepared in accordance with generally accepted accounting principles consistently followed throughout the periods specified
No Financial Change. Except as disclosed in its annual report on Form 10-K for the fiscal year ended December 31, 2008, and its Form 10-Q for the quarter ended March 31, 2009, or as otherwise disclosed to Lender in writing, there has been no material adverse change in the financial condition of Borrower or any Borrower Party since the closing of the Master Line.
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No Financial Change. There has been no material adverse change in Borrower’s or the A&D Project’s financial condition since the initial delivery by Borrower to Lender of financial information for Borrower and/or this A&D Project.
No Financial Change. There has been no Material Adverse Change in the condition of any Borrower since their last financial statements and reports furnished to the Banks and the information contained in said statements and reports is true and correctly reflects in all material respects the financial condition of the Borrowers as of the dates of the statements and reports and results of operations for the periods covered thereby (subject, in the case of interim statements, to normal year-end adjustments thereto), and such statements and reports have been prepared in accordance with GAAP (except where explicitly noted otherwise therein) and do not contain any material misstatement of fact or omit to state any facts necessary to make the statements contained therein not misleading.

Related to No Financial Change

  • Material Change Subsequent to the Execution Time or, if earlier, the dates as of which information is given in the Registration Statement (exclusive of any amendment thereof), the Statutory Prospectus and the Prospectus (exclusive of any amendment or supplement thereto), there shall not have been (1) any change or decrease specified in the letter or letters referred to in paragraph (f) of this Section 6 or (2) any change, or any development involving a prospective change, in or affecting the condition (financial or otherwise), prospects, earnings, business or properties of the Company, whether or not arising from transactions in the ordinary course of business, except as set forth in or contemplated in the Statutory Prospectus and the Prospectus (exclusive of any supplement thereto) the effect of which, in any case referred to in clause (1) or (2) above, is, in the sole judgment of the Representative, so material and adverse as to make it impractical or inadvisable to proceed with the offering or delivery of the Securities as contemplated by the Registration Statement (exclusive of any amendment thereof), the Statutory Prospectus and the Prospectus (exclusive of any amendment or supplement thereto).

  • Material Changes Except as contemplated in the Prospectus, or disclosed in the Company’s reports filed with the Commission, there shall not have been any material adverse change in the authorized capital stock of the Company or any Material Adverse Effect or any development that would reasonably be expected to cause a Material Adverse Effect, or a downgrading in or withdrawal of the rating assigned to any of the Company’s securities (other than asset backed securities) by any rating organization or a public announcement by any rating organization that it has under surveillance or review its rating of any of the Company’s securities (other than asset backed securities), the effect of which, in the case of any such action by a rating organization described above, in the reasonable judgment of the Agent (without relieving the Company of any obligation or liability it may otherwise have), is so material as to make it impracticable or inadvisable to proceed with the offering of the Placement Shares on the terms and in the manner contemplated in the Prospectus.

  • No Adverse Material Change (i) Since December 31, 2005 there shall not have occurred any event, condition or state of facts which could reasonably be expected to have a Material Adverse Effect and (ii) no representations made or information supplied to Agent or Lenders shall have been proven to be inaccurate or misleading in any material respect;

  • Adverse Change A material adverse change occurs in Grantor's financial condition, or Lender believes the prospect of payment or performance of the Indebtedness is impaired.

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