No Material Adverse Change in Financial Condition. All financial statements relating to Borrower that have been delivered by Borrower to Foothill have been prepared in accordance with GAAP and fairly present Borrower's financial condition as of the date thereof and Borrower's results of operations for the period then ended. There has not been a material adverse change in the financial condition of Borrower since the date of the latest financial statements submitted to Foothill on or before the Closing Date.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mednet MPC Corp), Loan and Security Agreement (Image Entertainment Inc)
No Material Adverse Change in Financial Condition. All financial statements relating to Borrower that have been delivered by Borrower to Foothill People's have been prepared in accordance with GAAP and fairly present Borrower's financial condition as of the date thereof and Borrower's results of operations for the period then ended. There As of the date hereof, there has not been a material adverse change in the financial condition of Borrower since the date of the latest financial statements submitted to Foothill People's on or before the Closing Date.
Appears in 1 contract
Samples: Loan Agreement (Millbrook Press Inc)
No Material Adverse Change in Financial Condition. All financial statements relating to Borrower or any guarantor of the Obligations that have been or may hereafter be delivered by Borrower to Foothill have been prepared in accordance with GAAP and fairly present Borrower's financial condition as of the date thereof and Borrower's results of operations for the period then ended. There has not been a material adverse change in the financial condition of Borrower since the date of the latest financial statements submitted to Foothill on or before the Closing Date.
Appears in 1 contract
Samples: Promissory Note and Security Agreement (Morellis Nona Ii Inc)
