Common use of Financial Condition and Financial Information Clause in Contracts

Financial Condition and Financial Information. Each Merchant represents, warrants, and covenants that its bank and financial statements, copies of which have been furnished to XXXX, and future statements which will be furnished hereafter at the request of XXXX, fairly represent the financial condition of each Merchant at such dates, and that since those dates there have been no material adverse changes, financial or otherwise, in such condition, operation, or ownership of any Merchant. Each Merchant has a continuing affirmative obligation to advise XXXX of any material adverse change in its financial condition, operation, or ownership.

Appears in 5 contracts

Samples: Advance Agreement, Advance Agreement, Advance Agreement

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Financial Condition and Financial Information. Each Merchant represents, warrants, and covenants that its bank and financial statements, copies of which have been furnished to XXXXPAZ, and future statements which will be furnished hereafter at the request of XXXXPAZ, fairly represent the financial condition of each Merchant at such dates, and that since those dates there have been no material adverse changes, financial or otherwise, in such condition, operation, or ownership of any Merchant. Each Merchant has a continuing affirmative obligation to advise XXXX PAZ of any material adverse change in its financial condition, operation, or ownership.

Appears in 1 contract

Samples: Advance Agreement

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Financial Condition and Financial Information. Each Merchant represents, warrants, and covenants that its bank and financial statements, copies of which have been furnished to XXXXMFG, and future statements which will be furnished hereafter at the request of XXXXMFG, fairly represent the financial condition of each Merchant at such dates, and that since those dates there have been no material adverse changes, financial or otherwise, in such condition, operation, or ownership of any Merchant. Each Merchant has a continuing affirmative obligation to advise XXXX MFG of any material adverse change in its financial condition, operation, or ownership.

Appears in 1 contract

Samples: Advance Agreement

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