Common use of No Material Adverse Change in Financial Statement Clause in Contracts

No Material Adverse Change in Financial Statement. All consolidated financial statements related to Borrower and any Subsidiary that have been delivered by Borrower to Bank fairly present in all material respects Borrower's consolidated financial condition as of the date thereof and Borrower's consolidated results of operations for the period then ended. There has not been a material adverse change in the consolidated financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank on or about the date of this Agreement.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Avanex Corp), Revolving Credit and Security Agreement (Avanex Corp)

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No Material Adverse Change in Financial Statement. All consolidated financial statements related to Borrower and any Subsidiary that have been delivered by Borrower to Bank fairly present in all material respects respect Borrower's consolidated financial condition as of the date thereof and Borrower's consolidated results of operations for the period then ended. There has not been a material adverse change in the consolidated financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank on or about the date of this Agreement.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Com21 Inc)

No Material Adverse Change in Financial Statement. All consolidated --- ------------------------------------------------- financial statements related to Borrower and any Subsidiary that have been delivered by Borrower to Bank fairly present in all material respects Borrower's consolidated financial condition as of the date thereof and Borrower's consolidated results of operations for the period then ended. There has not been a material adverse change in the consolidated financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank on or about the date of this Agreement.. 6.10

Appears in 1 contract

Samples: Credit and Security Agreement

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No Material Adverse Change in Financial Statement. All consolidated --- ------------------------------------------------- financial statements related to Borrower and any Subsidiary that have been delivered by Borrower to Bank fairly present in all material respects Borrower's consolidated financial condition as of the date thereof and Borrower's consolidated results of operations for the period then ended. There has not been a material adverse change in the consolidated financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank on or about the date of this Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (Ikos Systems Inc)

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