Common use of Financial Statements; No Material Adverse Effect; No Internal Control Event Clause in Contracts

Financial Statements; No Material Adverse Effect; No Internal Control Event. (a) The Audited Financial Statements and the Cor Audited Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; (ii) fairly present the financial condition of the Borrower and its 41 Subsidiaries or the Acquired Company and its Subsidiaries, as applicable, as of the date thereof and their results of operations for the period covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; and (iii) show all material indebtedness and other liabilities, direct or contingent, of the Borrower and its Subsidiaries or the Acquired Company and its Subsidiaries, as applicable, as of the date thereof, including liabilities for taxes, commitments and Indebtedness.

Appears in 1 contract

Samples: Term Loan Agreement (Matria Healthcare Inc)

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Financial Statements; No Material Adverse Effect; No Internal Control Event. (a) The Audited Financial Statements and the Cor Audited Financial Statements (i) were prepared in all material respects in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; (ii) fairly present in all material respects the financial condition of the Domestic Borrower and its 41 Subsidiaries or the Acquired Company and its Subsidiaries, as applicable, as of the date thereof and their results of operations for the period covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; and (iii) show all material indebtedness and other liabilities, direct or contingent, of the Domestic Borrower and its Subsidiaries or the Acquired Company and its Subsidiaries, as applicable, as of the date thereof, including liabilities for taxesTaxes, material commitments and Indebtedness, in each case, to the extent required to be shown thereon in accordance with GAAP.

Appears in 1 contract

Samples: Credit Agreement (Guess Inc)

Financial Statements; No Material Adverse Effect; No Internal Control Event. (a) The Audited Financial Statements and the Cor Audited Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; (ii) fairly present the financial condition of the Borrower and its 41 Subsidiaries or the Acquired Company and its Subsidiaries, as applicable, as of the date thereof and their results of operations for the period covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; and (iii) show all material indebtedness and other material liabilities, direct or contingent, of the Borrower and its Subsidiaries or the Acquired Company and its Subsidiaries, as applicable, as of the date thereof, including liabilities for material taxes, material commitments and Indebtedness, in each case, insofar as such liabilities and Indebtedness are required by GAAP to be reflected on such Audited Financial Statements.

Appears in 1 contract

Samples: Credit Agreement (Interdigital Communications Corp)

Financial Statements; No Material Adverse Effect; No Internal Control Event. (a) The Audited Financial Statements and the Cor Audited Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; (ii) fairly present the financial condition of the Borrower and its 41 Subsidiaries or the Acquired Company and its Subsidiaries, as applicable, as of the date thereof and their results of operations for the period covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; and (iii) show all material indebtedness and other liabilities, direct or contingent, of the Borrower and its Subsidiaries or the Acquired Company and its Subsidiaries, as applicable, as of the date thereof, including liabilities for taxes, commitments and Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Matria Healthcare Inc)

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Financial Statements; No Material Adverse Effect; No Internal Control Event. (a) The Audited Financial Statements and the Cor Audited Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; (ii) fairly present the financial condition of the Borrower and its 41 Subsidiaries or the Acquired Company (including Chaparral and its Subsidiaries, as applicable, ) as of the date thereof and their results of operations for the period covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; and (iii) show all material consolidated indebtedness and other liabilities, direct or contingent, of the Borrower and its Subsidiaries or the Acquired Company (including Chaparral and its Subsidiaries, as applicable, ) as of the date thereof, including liabilities for taxes, material commitments and IndebtednessDebt, as and to the extent required to be reported in accordance with GAAP.

Appears in 1 contract

Samples: Credit Agreement (Texas Industries Inc)

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