Common use of Condition of the Borrower Clause in Contracts

Condition of the Borrower. The consolidated balance sheet of the Borrower as at December 31, 2017, and the related consolidated statements of income and stockholders’ equity of the Borrower for the fiscal year then ended, copies of which have been furnished to each Lender, fairly present the consolidated financial condition of the Borrower as at such date and the consolidated results of the operations of the Borrower for the fiscal year ended on such date, all in accordance with GAAP consistently applied. There has been no material adverse change in the business, financial condition or operations of the Borrower and its Subsidiaries, taken as a whole, since December 31, 2017.

Appears in 1 contract

Samples: Term Loan Credit Agreement (DXC Technology Co)

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Condition of the Borrower. The consolidated balance sheet of the Borrower as at December March 31, 20172018, and the related consolidated statements of income and stockholders’ equity of the Borrower for the fiscal year quarter then ended, copies of which have been furnished to each Lenderthe Administrative Agent, fairly present the consolidated financial condition of the Borrower as at such date and the consolidated results of the operations of the Borrower for the fiscal year quarter ended on such date, all in accordance with GAAP consistently applied. There has been no material adverse change in the business, financial condition or operations of the Borrower and its the Subsidiaries, taken as a whole, since December March 31, 20172018.

Appears in 1 contract

Samples: Term Loan Credit Agreement (DXC Technology Co)

Condition of the Borrower. The consolidated balance sheet of the Borrower as at December March 31, 20172022, and the related consolidated statements of income and stockholders’ equity of the Borrower for the fiscal year then ended, copies of which have been furnished to each LenderBank, fairly present the consolidated financial condition of the Borrower as at such date and the consolidated results of the operations of the Borrower for the fiscal year ended on such date, all in accordance with GAAP consistently applied. There has been no material adverse change in the business, financial condition or operations of the Borrower and its the Subsidiaries, taken as a whole, since December March 31, 20172022.

Appears in 1 contract

Samples: Term Loan Credit Agreement (DXC Technology Co)

Condition of the Borrower. The consolidated balance sheet of the Borrower as at December 31April 2, 20172010, and the related consolidated statements of income and stockholders’ equity of the Borrower for the fiscal year then ended, copies of which have been furnished to each LenderBank, fairly present the consolidated financial condition of the Borrower as at such date and the consolidated results of the operations of the Borrower for the fiscal year ended on such date, all in accordance with GAAP consistently applied. There has been no material adverse change in the business, financial condition or operations of the Borrower and its the Subsidiaries, taken as a whole, since December 31April 2, 20172010.

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

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Condition of the Borrower. The consolidated balance sheet of the Borrower as at December 31March 30, 20172012, and the related consolidated statements of income and stockholders’ equity of the Borrower for the fiscal year then ended, copies of which have been furnished to each LenderBank, fairly present the consolidated financial condition of the Borrower as at such date and the consolidated results of the operations of the Borrower for the fiscal year ended on such date, all in accordance with GAAP consistently applied. There has been no material adverse change in the business, financial condition or operations of the Borrower and its the Subsidiaries, taken as a whole, since December 31March 30, 20172012.

Appears in 1 contract

Samples: Term Loan Agreement (Computer Sciences Corp)

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