Common use of Changes in Operations Clause in Contracts

Changes in Operations. There has been no change in the business, operations, prospects, profits, properties or condition (financial or otherwise) of Borrower since the date of the most recent financial statement provided by Borrower to the Lender except changes in the ordinary course of business, none of which, either individually or in the aggregate, has been materially adverse.

Appears in 2 contracts

Sources: Revolving Loan Agreement (Griffin Land & Nurseries Inc), Revolving Loan Agreement (Griffin Land & Nurseries Inc)