Company’s Financial Condition Sample Clauses

Company’s Financial Condition. The Company’s audited consolidated financial statements as at December 31, 2022, copies of which have been furnished to each Bank, have been prepared in conformity with United States generally accepted accounting principles applied on a basis consistent with that of the preceding fiscal year and fairly present the consolidated financial condition of the Company and its Consolidated Subsidiaries as at such date and the results of their operations for the period then ended. As of the Effective Date, since December 31, 2022, there has been no material adverse change in the consolidated financial condition, business or operations of the Company and its Consolidated Subsidiaries, except as set forth in the Company’s annual report on Form 10-K for the year ended December 31, 2022, or its quarterly report on Form 10-Q for the quarters ended March 31, 2023, June 30, 2023 and September 30, 2023, in each case to the Securities and Exchange Commission or as disclosed in writing to the Banks prior to the Effective Date.
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Company’s Financial Condition. The Undersigned acknowledges that he has reviewed and is familiar with the Debentures, the Purchase Agreement and all other Transaction Documents and is familiar with the operations and financial condition of the Company, and agrees that Buyer shall not have any duty or obligation to communicate to the Undersigned any information regarding Company’s financial condition or affairs.
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Company’s Financial Condition. The Company shall have cash balances equal to am amount greater than $500 and less than $700 and total liabilities shall not exceed $0 on the Closing Date.
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Company’s Financial Condition. (a) Microsoft is under no obligation to extend credit to Company, and Microsoft reserves the right to impose or adjust at any time the limits on any line of credit granted to Company. If not publicly available, Company will provide financial statements audited by an independent third party to Microsoft upon Microsoft’s request to verify Company’s financial condition.
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Company’s Financial Condition. The Guarantor is familiar with the financial condition of the Company, and the Guarantor has executed and delivered this Guaranty based on the Guarantor’s own judgment and not in reliance upon any statement or representation of the Purchasers. The Purchasers shall have no obligation to provide the Guarantor with any advice whatsoever or to inform the Guarantor at any time of the Purchasers’ actions, evaluations or conclusions on the financial condition or any other matter concerning the Company.
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Company’s Financial Condition. Investor acknowledges that the Company’s operations and cash flows are not sufficient to fund the Company’s repayment obligations under the Note and that the primary, if only, source of funds to satisfy the Company’s repayment obligations under the Note will be from additional financing of the Company by third parties, none of which is subject to definitive obligations on the part of any such third party.
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Company’s Financial Condition. The Company's audited consolidated financial statements as at December 31, 1999, copies of which have been furnished to each Bank, have been prepared in conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding fiscal year and fairly present the consolidated financial condition of the Company and its Consolidated Subsidiaries as at such date and the results of their operations for the period then ended; since December 31, 1999 to and including the Effective Date, there has been no material adverse change in their [NYCorp;1203895.1] consolidated financial condition, business or operations, except as set forth in the Company's annual report on Form 10-K for the year ended December 31, 1999, its quarterly reports on Form 10-Q for the quarters ended March 31, 2000, June 30, 2000 and September 30, 2000, or its current report on Form 8-K dated November 16, 2000, in each case to the Securities and Exchange Commission, (copies of each of which have been furnished to each Bank) or as disclosed in writing to the Banks prior to the Effective Date; and, since the Effective Date, there has been no material adverse change in their consolidated financial condition from the most recent consolidated financial statements of the Company and its Consolidated Subsidiaries which have been furnished to the Banks pursuant to this Agreement, except as disclosed in writing to the Banks.
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Company’s Financial Condition. The Company had revenues of at least $21,000,000 and earnings before the Members' compensation of at least $13,700,000 for the twelve months ended December 31, 1999, each in accordance with GAAP, consistently applied.
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Company’s Financial Condition. The Purchaser understands that: (a) the Company’s financial condition has deteriorated since the filing of the Quarterly Report on Form 10-Q with the SEC on November 19, 2008; (b) the Company has minimal cash on-hand; (c) the Company’s liabilities substantially exceed the Company’s cash assets; (d) the Company urgently needs funds to continue in existence; (e) the Company will need substantive additional financing to pursue its business plan; and (f) there is no assurance that the Purchaser will receive any return on its investment.
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Related to Company’s Financial Condition

  • Changes in Financial Condition Since the date of the Financial Statements, there has not been:

  • Borrower’s Financial Condition BTC has delivered to BFA, the investment adviser to the Funds, each Borrower’s most recent statements required to be furnished to customers by Rule 17a-5(c) of the Securities and Exchange Commission under the Securities Exchange Act of 1934, or such other documents as may be required, as have been made available to BTC pursuant to the Securities Lending Agreements. BTC shall promptly deliver to any investment adviser for the Funds all statements and financial information subsequently delivered to BTC and required to be furnished to BTC under the Securities Lending Agreements.

  • Tenant’s Financial Condition Within ten (10) days after written request from Landlord, Tenant shall deliver to Landlord such financial statements as Landlord reasonably requires to verify the net worth of Tenant or any assignee, subtenant, or guarantor of Tenant. In addition, Tenant shall deliver to any lender designated by Landlord any financial statements required by such lender to facilitate the financing or refinancing of the Property. Tenant represents and warrants to Landlord that each such financial statement is a true and accurate statement as of the date of such statement. All financial statements shall be confidential and shall be used only for the purposes set forth in this Lease.

  • Guarantor’s Financial Condition As of the date hereof, and after giving effect to this Guaranty and the contingent obligation evidenced hereby, Guarantor is, and will be, solvent, and has and will have assets which, fairly valued, exceed its obligations, liabilities (including contingent liabilities) and debts, and has and will have property and assets sufficient to satisfy and repay its obligations and liabilities.

  • Financial Statements; Financial Condition All consolidated financial statements for Borrower and any of its Subsidiaries delivered to Bank fairly present in all material respects Borrower’s consolidated financial condition and Borrower’s consolidated results of operations. There has not been any material deterioration in Borrower’s consolidated financial condition since the date of the most recent financial statements submitted to Bank.

  • Financial Condition of Company Any Credit Extension may be made to Company or continued from time to time, and any Hedge Agreements may be entered into from time to time, in each case without notice to or authorization from any Guarantor regardless of the financial or other condition of Company at the time of any such grant or continuation or at the time such Hedge Agreement is entered into, as the case may be. No Beneficiary shall have any obligation to disclose or discuss with any Guarantor its assessment, or any Guarantor's assessment, of the financial condition of Company. Each Guarantor has adequate means to obtain information from Company on a continuing basis concerning the financial condition of Company and its ability to perform its obligations under the Credit Documents and the Hedge Agreements, and each Guarantor assumes the responsibility for being and keeping informed of the financial condition of Company and of all circumstances bearing upon the risk of nonpayment of the Guaranteed Obligations. Each Guarantor hereby waives and relinquishes any duty on the part of any Beneficiary to disclose any matter, fact or thing relating to the business, operations or conditions of Company now known or hereafter known by any Beneficiary.

  • Financial Conditions Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect of the Project and each Sub-project (including its cost and the benefits to be derived from it).

  • Financial Condition There shall have been no material adverse change, as determined by Bank, in the financial condition or business of Borrower, nor any material decline, as determined by Bank, in the market value of any collateral required hereunder or a substantial or material portion of the assets of Borrower.

  • Solvent Financial Condition Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

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