Borrower Financial Statements has the meaning assigned to such term in Section 4.4(a).

Borrower Financial Statements means a statement of assets and liabilities of the Borrower, dated as of the Closing Date, which shall (a) demonstrate that, after giving effect to the transactions to be consummated on the Closing Date and the Funding Date, the Borrower will have no other assets other than Permitted Assets, and (b) contain a list of all Indebtedness, other liabilities and/or commitments of the Borrower that are individually in excess of $100,000 (other than Indebtedness, other liabilities and/or commitments arising under or evidenced by the Loan Documents), a description of the material terms of each item on such list (including the amount of any liability thereunder, whether contingent, direct or otherwise, the due date for each such liability, the total unfunded commitment, if any, and the rate of interest, if any, applicable thereto).

Borrower Financial Statements has the meaning ascribed to such term in Section 4.4.

Examples of Borrower Financial Statements in a sentence

Since the date of the Borrower Financial Statements, there has been no event or circumstance, either individually or in the aggregate, that has had or could reasonably be expected to have a Material Adverse Effect.
They must find the fine balance between investor rights, investor responsibilities and State’s regulatory powers.
Basis for RejectionProposals may be rejected for any reason including but not limited to not meeting the minimum eligibility requirements identified in Section 3.H of this RFP.
Except as reflected in such Borrower Financial Statements, there are no liabilities or obligations of the Borrower of any nature whatsoever for the periods to which such Borrower Financial Statements relate that are required to be disclosed in accordance with GAAP.
The Borrower Financial Statements present fairly, in all material respects, the financial position and results of operations and cash flows of the Borrower and its Consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP.

More Definitions of Borrower Financial Statements

Borrower Financial Statements means the unaudited consolidated financial statements of the Borrower and its Subsidiaries, in form and a substance reasonably acceptable to the Agent and the Lenders, as at and for the nine-month period ended September 30, 2020 furnished to the Agent and the Lenders on December 15, 2020.

Borrower Financial Statements has the meaning assigned to such term in Section 7.04(a).

Borrower Financial Statements means the financial statements required to be delivered by the Borrower described in Section 9.1.5(a)(i) of the Agreement.

Borrower Financial Statements as defined in Section 4.11(a).

Borrower Financial Statements means the consolidated financial statements of the Borrower dated December 31, 2021 (audited).

Borrower Financial Statements means (a) the audited consolidated balance sheet of the Borrower as at December 31, 2015, and the related consolidated statements of results of operations and cash flows of the Borrower for the fiscal year then ended, accompanied by an opinion of Ernst & Young LLP, independent public accountants and (b) the unaudited consolidated balance sheet of the Borrower as at June 30, 2016, and the related consolidated statement of results of operations and cash flows of the Borrower for the six months then ended duly certified by a Responsible Officer of the Borrower.