Notes to Financial Statements. All audited financial statements of the Parent Group Members that are consolidated to include the Borrowers will contain notes clearly stating that (A) all of the Assets are owned by the Borrowers and (B) each Borrower is a separate legal entity.
Appears in 4 contracts
Samples: Credit and Security Agreement, Credit and Security Agreement (GWG Life, LLC), Credit and Security Agreement (GWG Holdings, Inc.)
Notes to Financial Statements. All audited financial statements of the Parent Group Members that are consolidated to include the Borrowers Borrower will contain notes clearly stating that (A) all of the Assets are owned by the Borrowers Borrower and (B) each the Borrower is a separate legal entity.
Appears in 3 contracts
Samples: Credit and Security Agreement, Credit and Security Agreement (GWG Holdings, Inc.), Credit and Security Agreement (GWG Holdings, Inc.)
Notes to Financial Statements. All audited financial statements of the Parent Group Members or the Seller (or any Affiliate thereof) that are consolidated to include the Borrowers Borrower will contain notes clearly stating that (A) all of the Assets Loans are owned by the Borrowers Borrower and (B) each the Borrower is a separate legal entity.
Appears in 2 contracts
Samples: Credit and Security Agreement (Brooke Corp), Credit and Security Agreement (Brooke Corp)
