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 the Company and its Subsidiaries, delivered to Bank fairly present in all material respects the consolidated financial condition and the consolidated results of operations of the Company and its Subsidiaries. There has not been any material deterioration in the consolidated financial condition of the Company and its Subsidiaries since the date of the most recent consolidated financial statements submitted to Bank.

Appears in 4 contracts

Samples: Loan and Security Agreement (Manugistics Group Inc), Loan and Security Agreement (Manugistics Group Inc), Loan and Security Agreement (Manugistics Group Inc)

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Blackboard Inc), Loan and Security Agreement (Blackboard Inc)

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Zefer Corp), Loan and Security Agreement (Egroups Inc)

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

Appears in 2 contracts

Samples: Note and Warrant Purchase Agreement (Egain Communications Corp), Note and Warrant Purchase Agreement (Egain Communications Corp)

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

Appears in 2 contracts

Samples: Loan and Security Agreement (Visual Networks Inc), Loan and Security Agreement (Visual Networks Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (3d Systems Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for the Company Company, and its Subsidiariesany Subsidiary, delivered made available to Bank the Lenders fairly present in all material respects the Company’s consolidated financial condition and the Company’s consolidated results of operations of the Company and its Subsidiariesoperations. There has not been any material deterioration in the Company’s consolidated financial condition of the Company and its Subsidiaries since the date of the most recent consolidated financial statements submitted made available to Bankthe Lenders.

Appears in 1 contract

Samples: Conversion Agreement and Amendment to Subordinated Secured Promissory Notes (Egain Communications Corp)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Visual Networks Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Raining Data Corp)

No Material Adverse Change in Financial Statements. All consolidated financial statements for related to the Company, any Borrower and any Subsidiary that have been delivered by the Company and its Subsidiaries, delivered to Bank fairly present in all material respects the Company's consolidated financial condition as of the date thereof and the Company's consolidated results of operations of for the Company and its Subsidiariesperiod then ended. There has not been any a material deterioration adverse change in the consolidated financial condition of the Company and its Subsidiaries Borrowers since the date of the most recent consolidated of such financial statements submitted to BankBank on or about the Closing Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Visual Networks Inc)

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

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Egain Communications Corp)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Immunicon Corp)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Ramtron International Corp)

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