Cash Flow Statements. The forecasted cash flow statements and other financial statements of each Borrower individually and the Guarantor and its Restricted Subsidiaries on a consolidated basis delivered to the Lenders were prepared in good faith on the basis of assumptions which were fair in light of the conditions existing at the time of delivery of such forecasts, and represented, at the time of delivery, such Credit Party's best estimate of its and its Restricted Subsidiaries' future financial performance.
Appears in 2 contracts
Sources: Credit Agreement (Spinnaker Industries Inc), Credit Agreement (Spinnaker Industries Inc)
Cash Flow Statements. The forecasted cash flow statements and other financial statements of each Borrower individually and the Guarantor and its Restricted Subsidiaries on a consolidated basis delivered to the Lenders were prepared in good faith on the basis of assumptions which were fair in light of the conditions existing at the time of delivery of such forecasts, and represented, at the time of delivery, such Credit Party's best estimate of its and its Restricted Subsidiaries' future financial performance.
Appears in 1 contract
Sources: Credit Agreement (Lynch Corp)