Scope and Accuracy of Financial Statements. The Financial Statements of the Borrower as of September 30, 1997, present fairly the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries in accordance with GAAP as at the relevant point in time or for the period indicated, as applicable. No event or circumstance has occurred since September 30, 1997, which could reasonably be expected to have a Material Adverse Effect.
Scope and Accuracy of Financial Statements. All Financial Statements submitted and to be submitted to Bank hereunder are and will be complete and correct in all material respects; are and will be prepared in accordance with GAAP and practices consistently applied; and do and will fairly reflect the financial condition and the results of the operations of Borrower and its Subsidiaries in all material respects as of the dates and for the period stated therein (subject only to normal year-end audit adjustments with respect to such unaudited interim statements); and no material adverse change has since occurred in the condition, financial or otherwise, of Borrower or its Subsidiaries (taken as a whole).
Scope and Accuracy of Financial Statements. The Financial Statements of the Borrower as of December 31, 1996, present fairly the financial position and results of operations and cash flows of the Borrower in accordance with GAAP as at the relevant point in time or for the period indicated, as applicable. As of the Closing Date, no event or circumstance has occurred since December 31, 1996, which could reasonably be expected to have a Material Adverse Effect except as has been disclosed to the Lender.
Scope and Accuracy of Financial Statements. The Financial Statements of the Borrower as of December 31, 1997, present fairly the financial position and results of operations and cash flows of the Borrower in accordance with GAAP as at the relevant point in time or for the period indicated, as applicable. As of the Closing Date, no event or circumstance has occurred since December 31, 1997, which could reasonably be expected to have a Material Adverse Effect.
Scope and Accuracy of Financial Statements. All Financial Statements submitted and to be submitted to the Agent hereunder are and will be complete and correct in all material respects, are and will be prepared in accordance with GAAP consistently applied, and do and will fairly reflect the financial condition and the results of the operations of the Borrower in all material respects as of the dates and for the period stated therein (subject only to normal year-end audit adjustments with respect to such unaudited interim statements of the Borrower), and no Material Adverse Change has occurred since the effective date of the latest audited Financial Statements of Borrower delivered to Agent.
Scope and Accuracy of Financial Statements. The Financial Statements of KCS and its Subsidiaries as at December 31, 1998 present fairly the financial position and results of operations and cash flows of KCS and its Subsidiaries in accordance with GAAP as at the relevant point in time or for the period indicated. No event or circumstance has occurred since December 31, 1998 except for the MAC Events disclosed in the 10-K Report which could reasonably be expected to have a Material Adverse Effect on KCS or KCS Medallion.
Scope and Accuracy of Financial Statements. The Financial Statements provided to the Lender in satisfaction of the condition set forth in Section 3.1(g) present fairly (subject to normal year-end audit adjustments for the unaudited Financial Statements delivered pursuant thereto) the financial position and results of operations and cash flows of the Borrower and its consolidated Subsidiaries in accordance with GAAP as at the relevant point in time or for the period indicated, as applicable.
Scope and Accuracy of Financial Statements. The Financial Statements ------------------------------------------ of the Borrower, as of September 30, 1999 present fairly the financial position and results of operations of the Borrower as at the relevant point in time or for the period indicated. No event or circumstance has occurred since September 30, 1999 which would cause a Material Adverse Effect.
Scope and Accuracy of Financial Statements. All Financial Statements submitted and to be submitted to the Administrative Agent hereunder are and will be complete and correct in all material respects, are and will be prepared in accordance with GAAP consistently applied, and do and will fairly reflect the consolidated financial condition and the results of the operations of the Parent Borrower and its Subsidiaries in all material respects as of the dates and for the period stated therein (subject only to normal year-end audit adjustments with respect to such unaudited interim statements of the Parent Borrower), and no Material Adverse Change has occurred since the effective date of the latest audited Financial Statements of Parent Borrower delivered to Administrative Agent.
Scope and Accuracy of Financial Statements. The Financial Statements of Xxxxxxxx-Delaware as of December 31, 1998 and as of July 31, 1999 provided to the Noteholder Agent present fairly the financial position and results of operations and cash flows of Xxxxxxxx-Delaware and its Subsidiaries in accordance with GAAP as at the relevant point in time or for the period indicated, as applicable. No event or circumstance has occurred since June 30, 1999, which could reasonably be expected to have a Material Adverse Effect.
