Common use of Financial Statements; Fiscal Year Clause in Contracts

Financial Statements; Fiscal Year. The Consolidated and consolidating balance sheets of Borrower and such other Persons described therein (including the accounts of all Subsidiaries of Borrower for the respective periods during which a Subsidiary relationship existed) as of December 31, 2002, and the related statements of income, changes in stockholder’s equity, and changes in financial position for the periods ended on such dates, have been prepared in accordance with GAAP, and present fairly the financial positions of Borrower and such Persons at such dates and the results of Borrower’s and such Persons’ operations for such periods. Since June 30, 2003, there has been no material change in the condition, financial or otherwise, of Borrower and such other Persons as shown on the Consolidated balance sheet as of such date and no material change in the aggregate value of Equipment and real Property owned by Borrower or such other Persons, except changes in the ordinary course of business, none of which individually or in the aggregate has been materially adverse. The fiscal year of Borrower and each of its Subsidiaries ends on December 31 of each year.

Appears in 2 contracts

Samples: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp)

AutoNDA by SimpleDocs

Financial Statements; Fiscal Year. The Consolidated consolidated and --------------------------------- consolidating balance sheets of Borrower Borrowers and such other Persons described therein (including the accounts of all Subsidiaries of Borrower Borrowers for the respective periods during which a Subsidiary relationship existed) as of December 31June 30, 20022000, and the related statements of income, changes in stockholder’s 's equity, and changes in financial position for the periods ended on such dates, have been prepared in accordance with GAAP, and present fairly the financial positions of Borrower Borrowers and such Persons at such dates and the results of Borrower’s and such Persons’ Borrowers' operations for such periods. Since June 30, 20032000, there has been no material change in the condition, financial or otherwise, of Borrower Borrowers and such other Persons as shown on the Consolidated balance sheet as of such date and no material change in the aggregate value of Equipment and real Property owned by any Borrower or such other Persons, except changes in the ordinary course of business, none of which individually or in the aggregate has been materially adverse. The fiscal year of each Borrower and each of its Subsidiaries ends on December 31 June 30 of each year.

Appears in 1 contract

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc)

Financial Statements; Fiscal Year. (a) The Consolidated and consolidating balance sheets of Borrower and such other Persons described therein (including the accounts of all Subsidiaries of Borrower for the respective periods during which a Subsidiary relationship existed) as of December 31January 3, 20022000, and the related statements of income, changes in stockholder’s 's equity, and changes in financial position for the periods ended on such dates, have been prepared in accordance with GAAP, and present fairly in all material respects the financial positions position(s) of Borrower and such Persons at such dates and the results of Borrower’s and such Persons’ 's operations for such periods. Since June 30January 3, 20032000, there has been no material adverse change in the condition, financial or otherwise, of Borrower and such other Persons as shown on the Consolidated balance sheet as of such date and no material change in the aggregate value of Equipment and real Property Real Estate owned by Borrower or such other Persons, except changes in the ordinary course of business, none of which individually or in the aggregate has been materially adverse. The fiscal year of Borrower and each of its Subsidiaries ends on December 31 of each year.

Appears in 1 contract

Samples: Loan and Security Agreement (Gentiva Health Services Inc)

Financial Statements; Fiscal Year. The Consolidated and consolidating balance sheets of Borrower and such other Persons described therein (including the accounts of all Subsidiaries of Borrower for the respective periods during which a Subsidiary relationship existed) as of December 31September 25, 2002, 2004 and the related statements of income, changes in stockholder’s equity, and changes in financial position for the periods ended on such dates, have been prepared in accordance with GAAP, and present fairly the financial positions of Borrower and such Persons at such dates and the results of Borrower’s and such Persons’ operations for such periods. Since June 3026, 20032004, there has been no material change in the condition, financial or otherwise, of Borrower and such other Persons as shown on the Consolidated balance sheet as of such date and no material change in the aggregate value of Equipment and real Property owned by Borrower or such other Persons, except changes in the ordinary course of business, none of which individually or in the aggregate has been materially adverse. The fiscal year of Borrower and each of its Subsidiaries ends on or about December 31 of each year.

Appears in 1 contract

Samples: Loan and Security Agreement (Home Products International Inc)

Financial Statements; Fiscal Year. (a) The Consolidated and consolidating balance sheets of Borrower the Company and such other Persons its Consolidated Subsidiaries described therein (including the accounts of all Subsidiaries of Borrower the Company for the respective periods during which a Subsidiary relationship existed) as of December 3130, 20022001, and the related statements of income, changes in stockholder’s stockholders' equity, and changes in financial position cash flow for the periods ended on such dates, have been prepared in accordance with GAAP, and present fairly in all material respects the financial positions position(s) of Borrower Borrowers and such Persons at such dates and the results of Borrower’s and such Persons’ Borrowers' operations for such periods. Since June December 30, 2003, 2001 there has been no material adverse change in the condition, financial or otherwise, of Borrower Borrowers and such other Persons as are shown on the Consolidated balance sheet as of such date financial statements described in the previous sentence and no material change in the aggregate value of Equipment and real Property owned by Borrower Borrowers or such other Persons, except changes in the ordinary course of business, none of which individually or in the aggregate has has/have been materially adverse, and changes due to the consummation of the SPS Sale. The fiscal year of Borrower the Company and each of its Subsidiaries ends on the Sunday nearest to December 31 of each year.

Appears in 1 contract

Samples: Loan and Security Agreement (Gentiva Health Services Inc)

AutoNDA by SimpleDocs

Financial Statements; Fiscal Year. The Consolidated and consolidating balance sheets of Borrower and such other Persons described therein (including the accounts of all Subsidiaries of Borrower for the respective periods during which a Subsidiary relationship existed) as of December 31September 1, 20022001, and the related statements of income, changes in stockholder’s 's equity, and changes in financial position for the periods ended on such dates, have been prepared in accordance with GAAP, and present fairly the financial positions of Borrower and such Persons at such dates and the results of Borrower’s 's and such Persons' operations for such periods. Since June 30, 20032001, there has been no material change in the condition, financial or otherwise, of Borrower and such other Persons as shown on the Consolidated balance sheet as of such date and no material change in the aggregate value of Equipment and real Property owned by Borrower or such other Persons, except changes in the ordinary course of business, none of which individually or in the aggregate has been materially adverse. The fiscal year of Borrower and each of its Subsidiaries ends on or about December 31 of each year.

Appears in 1 contract

Samples: Loan and Security Agreement (Home Products International Inc)

Financial Statements; Fiscal Year. The Consolidated consolidated and consolidating balance sheets of Borrower Borrowers and such other Persons described therein (including the accounts of all Subsidiaries of Borrower Borrowers for the respective periods during which a Subsidiary relationship existed) as of December 31June 30, 20021997, and the related statements of income, changes in stockholder’s 's equity, and changes in financial position for the periods ended on such dates, have been prepared in accordance with GAAP, and present fairly the financial positions of Borrower Borrowers and such Persons at such dates and the results of Borrower’s and such Persons’ Borrowers' operations for such periods. Since June 30, 20031997, there has been no material change in the condition, financial or otherwise, of Borrower and such other Persons as shown on the Consolidated balance sheet as of such date and no material change in the aggregate value of Equipment and real Property owned by any Borrower or such other Persons, except changes in the ordinary course of business, none of which individually or in the aggregate has been materially adverse. The fiscal year of each Borrower and each of its Subsidiaries ends on December 31 June 30 of each year.

Appears in 1 contract

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.