Common use of Financial Condition; No Adverse Change Clause in Contracts

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Fargo its audited financial statements for its fiscal year ended August 25, 2007, and unaudited financial statements for the fiscal-year-to-date period ended May 31, 2008, and those statements fairly present Company’s financial condition as of those dates and the results of Company’s operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change in Company’s business, properties or condition (financial or otherwise).

Appears in 2 contracts

Samples: Credit and Security Agreement (Winnebago Industries Inc), Credit and Security Agreement (Winnebago Industries Inc)

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Financial Condition; No Adverse Change. Company has furnished to Xxxxx Fargo its audited financial statements for its fiscal year ended August 25March 31, 20072008, and unaudited financial statements for the fiscal-year-to-date period ended May 31September 30, 2008, and those statements fairly present Company’s financial condition as of those dates and the results of Company’s operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change in Company’s business, properties or condition (financial or otherwise)Material Adverse Effect.

Appears in 2 contracts

Samples: Credit and Security Agreement (Capstone Turbine Corp), Credit and Security Agreement (Capstone Turbine Corp)

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Fargo its audited financial statements for its fiscal year ended August 25December 31, 2007, 2009 and unaudited financial statements for the fiscal-year-to-date period ended May March 31, 2008, 2010 and those statements fairly present Company’s financial condition as of those dates and the results of Company’s operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change Material Adverse Effect in Company’s business, properties or condition (financial or otherwise).

Appears in 2 contracts

Samples: And Security Agreement (Nortech Systems Inc), Credit and Security Agreement (Nortech Systems Inc)

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Fargo its audited financial statements for its fiscal year ended August 25December 31, 2007, 2008 and unaudited financial statements for the fiscal-year-to-date period ended May 31July 4, 2008, 2009 and those statements fairly present Company’s the financial condition of Company and its Subsidiaries as of those dates and the results of Company’s Company and its Subsidiaries’ operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change in Company’s business, properties or condition (financial or otherwise)) of Company or its Subsidiaries.

Appears in 2 contracts

Samples: Credit and Security Agreement (Analysts International Corp), Credit and Security Agreement (Analysts International Corp)

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Wxxxx Fargo its audited financial statements for its fiscal year ended August 25December 31, 20072009, and unaudited financial statements for the fiscal-year-to-date period fiscal year ended May December 31, 20082010, and those statements fairly present Company’s 's financial condition as of those dates and the results of Company’s 's operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since Except as set forth below and since the date of the most recent financial statements, there has been no material adverse change in Material Adverse Effect on Company’s 's business, properties or condition (financial or otherwise).. Financial Condition Changes NONE

Appears in 1 contract

Samples: Credit and Security Agreement (Spectranetics Corp)

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Wxxxx Fargo its audited financial statements for its fiscal year ended August 25December 29, 2007, 2007 and unaudited financial statements for the fiscal-year-to-date period ended May 31June 28, 2008, 2008 and those statements fairly present Company’s financial condition as of those dates and the results of Company’s operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change Material Adverse Effect in Company’s business, properties or condition (financial or otherwise).

Appears in 1 contract

Samples: Credit and Security Agreement (Merrimac Industries Inc)

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Fargo its audited financial statements for its fiscal year ended August 25December 31, 2007, 2008 and unaudited financial statements for the fiscal-year-to-date period ended May August 31, 2008, 2009 and those statements fairly present in all material respects Company’s financial condition as of those dates and the results of Company’s operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change in Company’s business, properties or condition (financial or otherwise)Material Adverse Effect.

Appears in 1 contract

Samples: Credit and Security Agreement (Physicians Formula Holdings, Inc.)

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Fargo its audited financial statements for its fiscal year ended August 25December 31, 2007, 2007 and unaudited financial statements for the fiscal-year-to-date period ended May March 31, 2008, 2008 and those statements fairly present Company’s financial condition as of those dates and the results of Company’s operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change Material Adverse Effect on in Company’s business, properties or condition (financial or otherwise).

Appears in 1 contract

Samples: Credit and Security Agreement (Southwall Technologies Inc /De/)

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Fargo its audited financial statements for its fiscal year ended August 25June 30, 20072010, and unaudited financial statements for the fiscal-year-to-date period ended May March 31, 20082011, and those statements fairly present Company’s financial condition as of those dates and the results of Company’s operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change Material Adverse Effect in Company’s business, properties or condition (financial or otherwise).

Appears in 1 contract

Samples: Credit and Security Agreement

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Financial Condition; No Adverse Change. Company has furnished to Xxxxx Wxxxx Fargo its audited financial statements for its fiscal year ended August 25December 30, 20072006, and unaudited financial statements for the fiscal-year-to-date period ended May 31September 29, 20082007, and those statements fairly present Company’s financial condition as of those dates and the results of Company’s operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change Material Adverse Effect in Company’s business, properties or condition (financial or otherwise).

Appears in 1 contract

Samples: Wells Fargo Business Credit Credit and Security Agreement (Iridex Corp)

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Wxxxx Fargo its audited financial statements for its fiscal year ended August 25December 31, 20072006, and unaudited financial statements for the fiscal-year-to-date period ended May 31September 29, 20082007, and those statements fairly present Company’s financial condition as of those dates and the results of Company’s operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change Material Adverse Effect in Company’s business, properties or condition (financial or otherwise).

Appears in 1 contract

Samples: Credit and Security Agreement (Iridex Corp)

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Fargo its Parent’s audited financial statements for its fiscal year ended August 25December 31, 2007, 2006 and unaudited financial statements for the fiscal-year-to-date period ended May 31September 30, 2008, 2007 and those statements fairly present Company’s financial condition as of those dates and the results of Company’s operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change in Company’s business, properties or condition (financial or otherwise).

Appears in 1 contract

Samples: Credit and Security Agreement (Gvi Security Solutions Inc)

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Fargo its audited financial statements for its fiscal year ended August 25December 31, 20072006, and unaudited financial statements for the fiscal-year-to-date period ended May December 31, 20082007, and those statements fairly present Company’s 's financial condition as of those dates and the results of Company’s 's operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change in Company’s business, properties or condition (financial or otherwise)Material Adverse Effect.

Appears in 1 contract

Samples: Credit and Security Agreement (Hemacare Corp /Ca/)

Financial Condition; No Adverse Change. Company has furnished to Xxxxx Wxxxx Fargo its audited financial statements for its fiscal year ended August 25January 2, 20072010, and unaudited financial statements for the fiscal-year-to-date period ended May 31January 1, 20082011, and those statements fairly present Company’s the financial condition of Company and its Subsidiaries as of those dates and the results of Company’s Company and its Subsidiaries’ operations and cash flows for the periods then ended and were prepared in accordance with GAAP. Since the date of the most recent financial statements, there has been no material adverse change in Company’s business, properties or condition (financial or otherwise)) of Company or its Subsidiaries.

Appears in 1 contract

Samples: Credit and Security Agreement (Analysts International Corp)

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