Financial Condition and Financial Information. Merchant’s and Guarantor(s)s’ bank and financial statements, copies of which have been furnished to FUNDER, and future statements which will be furnished hereafter at the discretion of FUNDER, fairly represent the financial condition of Merchant at such dates, and since those dates there has been no material adverse changes, financial or otherwise, in such condition, operation or ownership of Merchant. Merchant and Guarantor(s)s have a continuing, affirmative obligation to advise FUNDER of any material adverse change in their financial condition, operation or ownership. FUNDER may request statements at any time during the performance of this Agreement and the Merchant and Guarantor(s)s shall provide them to FUNDER within five business days after request from FUNDER. Merchant’s or Guarantor(s)s’ failure to do so is a material breach of this Agreement.
Appears in 5 contracts
Samples: Revenue Purchase Agreement (Clearday, Inc.), Revenue Based Factoring (Clearday, Inc.), Revenue Purchase Agreement (Clearday, Inc.)
