SATISFACTORY FINANCIAL CONDITION Sample Clauses

SATISFACTORY FINANCIAL CONDITION. Other than as disclosed in the Disclosure Documents, no material adverse change shall have occurred in the financial condition, results of operations, business, properties or prospects of the Borrower and its Subsidiaries, taken as a whole, since the Balance Sheet Date.
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SATISFACTORY FINANCIAL CONDITION. No material adverse change, in the judgment of the Majority Banks, shall have occurred in the financial condition, results of operations, business, properties or prospects of the Borrower and its Subsidiaries, or Old WMI and its Subsidiaries, taken as a whole, since the most recent financial statements and projections provided to the Banks.
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SATISFACTORY FINANCIAL CONDITION. Borrower’s financial condition and that of Citizens and Farmers, shall be satisfactory to Bankers’, in its sole discretion, as of Closing;
Sample 1
SATISFACTORY FINANCIAL CONDITION. There shall not have occurred any -------------------------------- material adverse change in the financial condition, properties, or operations of Weeks Corporation, the Consolidated Entities and Non-Consolidated Subsidiaries (all of the foregoing taken as a whole) or Operating Partnership (standing alone) since June 30, 1996.
Sample 1
SATISFACTORY FINANCIAL CONDITION. There shall not have occurred any -------------------------------- material adverse change in the financial condition, properties, or operations of Borrower and the Related Parties (all of the foregoing taken as a whole) or Borrower (standing alone) since September 30, 1997.
Sample 1
SATISFACTORY FINANCIAL CONDITION. Other than as disclosed in the Disclosure Documents, no material adverse change shall have occurred in the financial condition, results of operations, business, properties or prospects of the Company and its Subsidiaries, taken as a whole, since the Balance Sheet Date, provided that the effects of the COVID-19 pandemic, as described in Part II, Item 1A. Risk Factors of the Company’s Form 10-Q for the fiscal quarter ended March 31, 2020, shall be disregarded for purposes of determining a Material Adverse Effect under clause (a) of such definition.
Sample 1
SATISFACTORY FINANCIAL CONDITION. No material adverse change, in the judgment of the Agent, shall have occurred in the financial condition, results of operations, business, properties or prospects of the Borrower and its Subsidiaries, taken as a whole, since the most recent financial statements and projections provided to the Agent.
Sample 1
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Related to SATISFACTORY FINANCIAL CONDITION

  • Financial Conditions Section 4.01. (a) The Recipient shall maintain or cause to be maintained a financial management system, including records and accounts, and prepare financial statements in a format acceptable to the Bank, adequate to reflect the operations, resources and expenditures in respect of the Project and each Sub-project (including its cost and the benefits to be derived from it).

  • Financial Condition; Financial Statements (a) On and as of the Restatement Effective Date, on a pro forma basis after giving effect to the Transaction and to all Indebtedness (including the Loans) incurred, and to be incurred, and Liens created, and to be created, by each Credit Party in connection therewith, with respect to each Borrower (on a stand-alone basis), and each Borrower and its Subsidiaries (on a consolidated basis) (x) the sum of the assets, at a fair valuation, of each Borrower (on a stand-alone basis) and each Borrower and its Subsidiaries (on a consolidated basis) will exceed its or their debts, (y) it has or they have not incurred nor intended to, nor believes or believe that it or they will, incur debts beyond its or their ability to pay such debts as such debts mature and (z) it or they will have sufficient capital with which to conduct its or their business. For purposes of this Section 7.10(a), “debt” means any liability on a claim, and “claim” means (i) right to payment, whether or not such a right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured or (ii) right to an equitable remedy for breach of performance if such breach gives rise to a payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, secured or unsecured. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.

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