Common use of Scope and Accuracy of Financial Statements Clause in Contracts

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. All Financial Statements submitted and to be submitted to the 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 the 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); statements of the Borrower) and no material adverse change has since occurred in the condition, financial or otherwise, of Borrower or its Subsidiaries (taken as a whole)the Borrower.