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

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. There has not been any Material Adverse Change since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Concurrent Computer Corp/De)

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No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, related to Borrowers that have been delivered to Bank Banks fairly present in all material respects Borrower's the consolidated financial condition as of the date thereof of each such entity and Borrower's consolidated results of operationsoperations for the period then ended of each such entity. There has not been any Material Adverse Change a material adverse change in the consolidated financial condition of a Borrower since the date of the most recent consolidated of such financial statements submitted to BankBanks.

Appears in 1 contract

Samples: Loan and Security Agreement (Advanced Energy Industries Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. There has not been any Material Adverse Change deterioration in Borrower’s consolidated financial condition since the date of the most recent consolidated financial statements submitted to BankBank that would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Loan and Security Agreement (Palmsource Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's Borrowers consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Clarent Corp/Ca)

No Material Adverse Change in Financial Statements. All separate or consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrowersuch entity's separate and consolidated financial condition and Borrower's separate and consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Exelixis Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrower’s consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Endocardial Solutions Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operationsoperations for the period covered by such statements. There has not been any Material Adverse Change material deterioration in Borrower’s consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Drugstore Com Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operationsoperations as of the date of such financial statements. There has not been any Material Adverse Change material deterioration in Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Applix Inc /Ma/)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, if any, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Array Biopharma Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrowers consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Actuate Software Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects (as of the date of such financial statements) Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. There has not been any Material Adverse Change in Borrower’s consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Comverge, Inc.)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrower’s consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Pharsight Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. , There has not been any Material Adverse Change material deterioration in Borrower’s consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Synaptics Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any SubsidiarySubsidiary of Borrower, delivered to Bank fairly present in all material respects Borrower's ’s consolidated financial condition and Borrower's ’s consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrower’s consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Commerce One Inc / De/)

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No Material Adverse Change in Financial Statements. All consolidated financial statements financialstatements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Speechworks International Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for each Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects such Borrower's consolidated financial condition and such Borrower's consolidated results of operations. There has not been any Material Adverse Change material deterioration in any Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Animas Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's ’s consolidated results of operations. There has not been any Material Adverse Change since the date operations as of the most recent consolidated dxxx of such financial statements submitted to Bankstatements.

Appears in 1 contract

Samples: Loan and Security Agreement (Exe Technologies Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.. 6

Appears in 1 contract

Samples: Loan Agreement (Orthologic Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, and any Subsidiary, Borrower delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Callidus Software Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's Borrowers consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Imagex Com Inc)

No Material Adverse Change in Financial Statements. All separate or consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrowersuch entity's separate and consolidated financial condition and Borrower's separate and consolidated results of operations. There has not been any Material Adverse Change in Borrower's consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Critical Path Inc)

No Material Adverse Change in Financial Statements. All consolidated financial statements for Borrower, Borrower and any Subsidiary, Subsidiary delivered to Bank fairly present in all material respects Borrower's consolidated financial condition and Borrower's consolidated results of operations. There has not been any Material Adverse Change material deterioration in Borrower’s consolidated financial condition since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Click2learn Com Inc)

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