Common use of Financial Position Clause in Contracts

Financial Position. As of the dates prepared, the financial statements and all financial data heretofore delivered to the Lender in connection with the Loan and/or relating to the Borrower and Guarantor, if any, are true, correct and complete in all material respects and were prepared in accordance with GAAP consistently applied. Such financial statements fairly present the financial position of the Persons who are the subject thereof as of the dates thereof.

Appears in 3 contracts

Sources: Loan and Security Agreement (Bluegreen Corp), Loan Agreement (Bluegreen Corp), Loan Agreement (Bluegreen Corp)

Financial Position. As of the dates prepared, the financial statements and all financial data heretofore delivered to the Lender in connection with the Loan and/or relating to each of the entities forming the Borrower and Guarantor, if any, to the Guarantor are true, correct and complete in all material respects and were prepared in accordance with GAAP consistently applied. Such financial statements fairly present the financial position of the Persons who are the subject thereof as of the dates thereof.

Appears in 1 contract

Sources: Loan Agreement (Bluegreen Corp)

Financial Position. As of the dates prepared, the financial statements and all financial data heretofore delivered to the Lender in connection with the Loan and/or relating to the Borrower and Guarantor, if any, Guarantor are true, correct and complete in all material respects and were prepared in accordance with GAAP consistently applied. Such The financial statements fairly present the financial position of the Persons who are the subject thereof as of the dates thereof.

Appears in 1 contract

Sources: Loan Agreement (William Lyon Homes)

Financial Position. As of the dates prepared, the financial statements and all financial data heretofore delivered to the Lender in connection with the Loan Facility Documents and/or relating to the Borrower and Guarantor, if any, Obligated Parties are true, correct and complete in all material respects and were prepared in accordance with GAAP consistently applied. Such financial statements fairly present the financial position of the Persons who are the subject thereof as of the dates thereof.

Appears in 1 contract

Sources: Commitment Agreement (Amrep Corp)