Common use of Scope and Accuracy of Financial Statements Clause in Contracts

Scope and Accuracy of Financial Statements. The Financial ------------------------------------------ Statements of the Borrower and the Guarantor as of December 31, 1999 and June 30, 2000 present fairly the financial position and results of operations and cash flows of the Borrower and the Guarantor in accordance with GAAP as at the relevant point in time or for the period indicated, as applicable. No event or circumstance has occurred since December 31, 1999, which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Pendaries Petroleum LTD)

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Scope and Accuracy of Financial Statements. The Financial ------------------------------------------ Statements of the Borrower and the Guarantor as of December 31, 1999 and June 301995, 2000 present fairly the financial position and results of operations and cash flows of the Borrower and the Guarantor in accordance with GAAP as at the relevant point in time or for the period indicated, as applicable. No event or circumstance has occurred since December 31, 19991995, which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Midcoast Energy Resources Inc)

Scope and Accuracy of Financial Statements. The Financial ------------------------------------------ Statements of the Borrower and the Guarantor Borrowers as of December 31, 1999 and June 302005, 2000 present fairly the financial position and results of operations and cash flows of the Borrower and the Guarantor in accordance with GAAP Borrowers as at the relevant point in time or for the period indicated, as applicable. No event or circumstance has occurred since December 31, 1999, such dates which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (United Heritage Corp)

Scope and Accuracy of Financial Statements. The Financial ------------------------------------------ Statements of the Borrower and the Guarantor as of December 31, 1999 and June 301997, 2000 present fairly the consolidated financial position and results of operations and cash flows of the Borrower and the Guarantor its Subsidiaries in accordance with GAAP as at the relevant point in time or for the period indicated, as applicable. No event or circumstance has occurred since December 31, 19991997, which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Midcoast Energy Resources Inc)

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Scope and Accuracy of Financial Statements. The Financial ------------------------------------------ Statements of the Borrower and the Guarantor as of December 31, 1999 and June 301996, 2000 present fairly the financial position and results of operations and cash flows of the Borrower and the Guarantor in accordance with GAAP as at the relevant point in time or for the period indicated, as applicable. No As of the Closing Date, no event or circumstance has occurred since December 31, 19991996, which could reasonably be expected to have a Material Adverse EffectEffect except as has been disclosed to the Lender.

Appears in 1 contract

Samples: Credit Agreement (Sheridan Energy Inc)

Scope and Accuracy of Financial Statements. The Financial ------------------------------------------ Statements of the Borrower and the Guarantor Borrowers as of December 31, 1999 and June 301994, 2000 present fairly the financial position and results of operations and cash flows of the Borrower and the Guarantor Borrowers in accordance with GAAP and GAAS as at the relevant point in time or for the period indicated, as applicable. No event or circumstance has occurred since December 31, 19991994, which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Alamco Inc)

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