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

No Material Adverse Change in Financial Statements. All consolidated and consolidating financial statements related to each Loan Party that are delivered by any Loan Party to Bank fairly present in all material respects such Loan Party’s consolidated and consolidating financial condition as of the date thereof and each such Loan Party’s consolidated and consolidating results of operations for the period then ended. There has not been a material adverse change in the consolidated or in the consolidating financial condition of Borrower since the date of the most recent of such financial statements submitted to Bank.

Appears in 3 contracts

Samples: Loan, Guaranty and Security Agreement (Cinedigm Corp.), Guaranty and Security Agreement (Cinedigm Corp.), Loan, Guaranty and Security Agreement (Cinedigm Corp.)

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No Material Adverse Change in Financial Statements. All consolidated and consolidating financial statements related to each Loan Party Parties and any Subsidiary that are delivered by any Loan Party Parties to Bank or otherwise submitted to Bank fairly present in all material respects such Loan Party’s consolidated and consolidating Parties’ financial condition as of the date thereof and each such Loan Party’s consolidated and consolidating Parties’ results of operations for the period then ended. There has not been a material adverse change in the consolidated or in the consolidating financial condition of Borrower any Loan Party since the date of the most recent of such financial statements submitted to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Turnstone Biologics Corp.)

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No Material Adverse Change in Financial Statements. All consolidated and consolidating financial statements related to each Loan Borrower Party that are have been delivered by any Loan Party the Borrower Parties to Bank the Lender fairly present in all material respects such Loan Party’s the consolidated and consolidating financial condition of the Borrower Parties as of the date thereof and each such Loan Party’s the consolidated and consolidating results of operations of the Borrower Parties for the period then ended. There has not been a material adverse change in the consolidated or in the consolidating financial condition of the Borrower Parties since the date of the most recent of such financial statements submitted to Bankthe Lender.

Appears in 1 contract

Samples: Secured Loan Agreement (ComSovereign Holding Corp.)

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