Common use of Xxxxxxxxx Statements Clause in Contracts

Xxxxxxxxx Statements. Borrower has furnished to each Lender the [audited] annual financial statements of Borrower for the years ended [date] and [date]. Such financial statements fairly present the financial condition of Borrower as of such dates and the consolidated results of operations for such periods in conformity with GAAP consistently applied. Since [date of last audit], there have been no changes with respect to Borrower which have had or could reasonably be expected to have, singly or in the aggregate, a Material Adverse Effect.21

Appears in 1 contract

Samples: Construction Loan Agreement

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Xxxxxxxxx Statements. Borrower has furnished to each Lender the [audited] annual financial statements of Borrower for the years ended [date] and [date]. Such financial statements fairly present the financial condition of Borrower as of such dates and the consolidated results of operations for such periods in conformity with GAAP consistently applied. Since [date of last audit], there have been no changes with respect to Borrower which have had or could reasonably be expected to have, singly or in the aggregate, a Material Adverse Effect.21Effect.27

Appears in 1 contract

Samples: Term Loan Agreement

Xxxxxxxxx Statements. Borrower has furnished to each Lender the [audited] annual financial statements of Borrower for the years ended [date] and [date]. Such financial statements fairly present the financial condition of Borrower as of such dates and the consolidated results of operations for such periods in conformity with GAAP consistently applied. Since [date of last audit], there have been no changes with respect to Borrower which have had or could reasonably be expected to have, singly or in the aggregate, a Material Adverse Effect.21Effect.19

Appears in 1 contract

Samples: Construction Loan Agreement

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Xxxxxxxxx Statements. Borrower has furnished to each Lender the [audited] annual financial statements of Borrower for the years ended [date] and [date]. Such financial statements fairly present the financial condition of Borrower as of such dates and the consolidated results of operations for such periods in conformity with GAAP consistently applied. Since [date of last audit], there have been no changes with respect to Borrower which have had or could reasonably be expected to have, singly or in the aggregate, a Material Adverse Effect.21Effect.30

Appears in 1 contract

Samples: Term Loan Agreement

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