Current Audited Financial Statements definition
Examples of Current Audited Financial Statements in a sentence
There has been no material adverse change in its financial condition or operations since the date of the Current Audited Financial Statements.
The Current Audited Financial Statements fairly present in all material respects its financial condition and the results of its operations and changes in financial position as of the dates and for the periods referred to therein and have been prepared in accordance with generally accepted accounting principles and practices applied on a consistent basis throughout the period involved.
Between the date of the Current Audited Financial Statements and Closing, neither Borrower nor any Consolidated Subsidiary has, to the extent it would have a Material Adverse Effect: (i) suffered any damage, destruction or loss, (ii) incurred any material obligations or liabilities, whether accrued, absolute, contingent or otherwise, (iii) discharged or satisfied any material lien or encumbrance of any kind or (iv) suffered any other materially adverse event or condition of any character.
YOUR SECURITY DEPOSIT WILL BE KEPT IF YOU ARE NOT READY TO VACATE THE PREMISES BY THE END OF YOUR 5TH HOUR.
The Administrative Agent shall have received (A) a duly completed Compliance Certificate calculated in good faith based on the Current Audited Financial Statements, and (B) solvency certificate in form and substance reasonably satisfactory to the Administrative Agent, in each case signed by a Responsible Officer of the Borrowers.
Make any loan or extend credit to any Person, except for (a) trade credit extended in the ordinary course of its business on ordinary business terms, (b) the “Vendor Notes” described in the Current Audited Financial Statements, provided that the outstanding balance of such Vendor Notes shall not at any time exceed $3,000,000 in the aggregate.
Make any loan or extend credit to any Person, except for (a) trade credit extended in the ordinary course of its business on ordinary business terms, and (b) the “Vendor Notes” described in the Current Audited Financial Statements, provided that the outstanding balance of such Vendor Notes shall not at any time exceed $3,000,000 in the aggregate.