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

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

Appears in 1 contract

Samples: Loan Agreement (Moldflow Corp)

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No Material Adverse Change in Financial Statements. All consolidated financial statements related to Borrowers Borrower and any Subsidiary that which have been delivered by Borrowers Borrower to the Bank Lender fairly present in all material respects Borrowers' Borrower's consolidated financial condition as of the date thereof and Borrowers' 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 Borrowers Borrower since the date of the most recent of such financial statements submitted to the Bank on or about the Closing DateLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Ardent Software Inc)

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

Appears in 1 contract

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

No Material Adverse Change in Financial Statements. All consolidated financial statements other than projections related to Borrowers Borrower and any Subsidiary that have been are delivered by Borrowers Borrower to the Bank Agent fairly present in all material respects Borrowers' Borrower's consolidated financial condition as of the date thereof and Borrowers' 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 Borrowers Borrower since the date of the most recent of such financial statements submitted to the Bank on or about the Closing DateAgent.

Appears in 1 contract

Samples: Loan and Security Agreement (Raptor Networks Technology Inc)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Speechworks International Inc)

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