Financial Condition and Operations. The Borrower will not permit any of the events set forth below to occur.
Financial Condition and Operations. Holdings will not permit any of the events set forth below to occur.
Financial Condition and Operations. The balance sheet of the Borrower, as of December 31, 2009 and, with respect to the period ended December 31, 2009 the related statement of cash flow of the Borrower for the fiscal period then ended, copies of which have been furnished to the Lender, fairly present in all material respects the financial condition of the Borrower as at such date, and the results of the operations of the Borrower for the period ended on such dates and since December 31, 2009 there has been no material adverse change in such condition or operations;
Financial Condition and Operations. The Company will not permit any of the events set forth below to occur.
Financial Condition and Operations. The Parent Borrower will not permit any of the events set forth below to occur.
Financial Condition and Operations. Aladdin Gaming will not, as of the close of any Fiscal Quarter, commencing with the close of the Fiscal Quarter in which the Conversion Date occurs, permit:
Financial Condition and Operations. The balance sheets of the Borrower as of December 31, 2003, and the related statements of income and, with respect to the period ended December 31, 2003, the related statement of cash flow of the Borrower for the fiscal period then ended, copies of which have been furnished to the Lender, fairly present in all material respects the financial condition of the Borrower as at such date and the results of the operations of the Borrower for the period ended on such dates, all in accordance with generally accepted accounting principles consistently applied, and since December 31, 2003, there has been no material adverse change in such condition or operations;
Financial Condition and Operations. (i) All financial statements heretofore or contemporaneously furnished by or on behalf of the Borrower in connection with the transactions contemplated by this Agreement (other than projections and other “forward-looking” information that have been prepared on a reasonable basis and in good faith by the Borrower) have been prepared in accordance with GAAP (except for the omission of footnotes and for the effect of normal year-end adjustments) and fairly present, in all material respects, the financial condition and results of operations as of the applicable date of such statements.
Financial Condition and Operations. The New Borrower will not permit any of the events set forth below in clauses (a), (b) and (c) to occur:
Financial Condition and Operations. With respect to the Revolving Facility only, the Company will not permit the Total Net Leverage Ratio as of the last day of each Fiscal Quarter ending after the Closing Date (a) for the four consecutive Fiscal Quarters following the Closing Date, to be greater than 4.25:1.00 and (b) for each Fiscal Quarter thereafter, to be greater than 4.00 to 1.00; provided that, for the four consecutive Fiscal Quarters following any Permitted Acquisition with consideration in an aggregate amount in excess of $75,000,000, the Total Net Leverage Ratio shall not be greater than 4.25 to 1.00.
