Common use of Financial Condition, Statements and Reports Clause in Contracts

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect the financial condition of Borrower, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.

Appears in 51 contracts

Samples: Loan and Security Agreement (Sigma Designs Inc), Security Agreement (Com21 Inc), Loan and Security Agreement (Digirad Corp)

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Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles GAAP and now and in the future will completely fairly present the results of operations and accurately reflect the financial condition of Borrower, in accordance with GAAP, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solventMaterial Adverse Change.

Appears in 36 contracts

Samples: Security Agreement (Act Teleconferencing Inc), And Security Agreement (Exabyte Corp /De/), Loan and Security Agreement (Telecommunication Systems Inc /Fa/)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect the financial condition of Borrower, at the times and for the periods therein statedstated *. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.. * IN ALL MATERIAL RESPECTS

Appears in 2 contracts

Samples: Loan and Security Agreement (Global Village Communication Inc), Loan and Security Agreement (Lightspan Partnership Inc)

Financial Condition, Statements and Reports. All ALL financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally 'accepted accounting principles and now and in the future will completely and accurately reflect * the financial condition of Borrower, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.. *FAIRLY PRESENT

Appears in 2 contracts

Samples: Loan and Security Agreement (Omnicell Com /Ca/), Loan and Security Agreement (Omnicell Inc /Ca/)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect reflect* the financial condition of Borrower, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.. *IN ALL MATERIAL RESPECTS

Appears in 2 contracts

Samples: Loan and Security Agreement (Verso Technologies Inc), Loan and Security Agreement (Verso Technologies Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect the financial condition of BorrowerBorrower in all material respects, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Scansoft Inc), Loan and Security Agreement (Scansoft Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect * the financial condition of Borrower, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.. * in all material respects

Appears in 1 contract

Samples: Loan and Security Agreement (Haht Commerce Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles with* and now and in the future will completely and accurately reflect **the financial condition of Borrower, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.***. *GAAP **fairly represent in all material respects ***on a consolidated basis

Appears in 1 contract

Samples: Security Agreement (Cobalt Group Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect the financial condition of Borrower, at the times and for the periods therein stated. Between Except as otherwise previously disclosed to Silicon in writing, between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Netplex Group Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, when delivered, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect in all material respects the financial condition of Borrower, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Cambridge Heart Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect the financial condition of Borrower, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Interliant Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect the financial condition of BorrowerBorrower as required by GAAP, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of BorrowerBorrower taken as a whole. Borrower is now and will continue to be solventsolvent taken as a whole.

Appears in 1 contract

Samples: Loan and Security Agreement (Aspen Technology Inc /De/)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect * the financial condition of Borrower, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the SILICON VALLEY BANK LOAN AND SECURITY AGREEMENT financial condition or business of Borrower. Borrower is now and will continue to be solvent.. *FAIRLY PRESENT

Appears in 1 contract

Samples: Loan and Security Agreement (Intellicorp Inc)

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Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and will* accurately reflect the financial condition of Borrower, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.. *, IN ALL MATERIAL RESPECTS,

Appears in 1 contract

Samples: Loan and Security Agreement (Divicore Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately fairly reflect the financial condition of BorrowerDebtor, at the times and for the periods therein stated. Between Except as otherwise previously disclosed to Silicon in writing, between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of BorrowerDebtor. Borrower Debtor is now and will continue to be solvent.

Appears in 1 contract

Samples: Security Agreement (Netplex Group Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect the financial fi­nancial condition of Borrower, at the times and for the periods pe­riods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Satcon Technology Corp)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect the financial condition of BorrowerBorrower in all material respects, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.

Appears in 1 contract

Samples: Loan and Security Agreement (Exchange Applications Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately reflect the financial fi-nancial condition of Borrower, at the times and for the periods pe-riods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of Borrower. Borrower is now and will continue to be solvent.

Appears in 1 contract

Samples: Security Agreement (Entrada Networks Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles and now and in the future will completely and accurately fairly reflect the financial condition of BorrowerDebtor, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of BorrowerDebtor. Borrower Debtor is now and will continue to be solvent.

Appears in 1 contract

Samples: Security Agreement (Quinton Cardiology Systems Inc)

Financial Condition, Statements and Reports. All financial statements now or in the future delivered to Silicon have been, and will be, prepared in conformity with generally accepted accounting principles consistently applied and now and in the future will completely and accurately reflect fairly present in all material respects the financial condition of BorrowerDebtor, at the times and for the periods therein stated. Between the last date covered by any such statement provided to Silicon and the date hereof, there has been no material adverse change in the financial condition or business of BorrowerMaterial Adverse Change. Borrower Debtor is now and will continue to be solvent.

Appears in 1 contract

Samples: Security Agreement (Occam Networks Inc/De)

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