5 unchanged sentences
Global vehicle production has decreased significantly, and some vehicle manufacturers have completely shut down manufacturing operations in some countries and regions, including the United States and Europe.
−Removed: Stay at home orders issued by federal, state and local governmental authorities to combat the spread of COVID-19 has resulted in hospitals’ cancelling or deferring elective surgeries, which has negatively impacted demand from our Life Sciences customers.
+Added: Stay-at-home orders issued by federal, state, and local governmental authorities to combat the spread of COVID-19 have resulted in hospitals’ cancelling, deferring, or limiting elective surgeries, which has negatively impacted demand from our Life Sciences customers.
+Added: Although many stay-at-home orders have been lifted, the COVID-19 pandemic continues to have a negative impact on elective surgeries and on the demand from our Life Sciences customers.
As a result, we have modified our production schedules and have experienced, and may continue to experience, delays in the production and distribution of our products and the loss of sales to our customers.
−Removed: When production resumes by us and our customers, production volumes may be volatile and we will be required to modify our production environment to ensure the health and safety of our workers.
−Removed: If we are unsuccessful in managing the re-start of our production, our results of operations may be materially impacted.
+Added: During the pandemic, our production volumes may be volatile, and we will be required to modify our production environment to ensure the health and safety of our workers.
+Added: If we are unsuccessful in managing the re-start of our production or the aforementioned volatility, our results of operations may be materially impacted.
Additionally, if the global economic effects caused by the pandemic continue or increase, overall customer demand may continue to decrease, which could have a material and adverse effect on our business, results of operations, and financial condition.
2 unchanged sentences
Our business, results of operations and financial condition could continue to be affected even after the pandemic subsides.
−Removed: In addition to the risks specifically described above, the impact of COVID-19 is likely to heighten other risks disclosed in the Risk Factors section of our Annual Report on Form 10-K for the year ended December 31, 2019.
+Added: In addition to the risks specifically described above, the impact of COVID-19 is likely to heighten other risks disclosed below and in the Risk Factors section of our 2019 Annual Report.
Doubts regarding our ability to continue as a going concern could have an adverse impact on our relationships with customers, vendors, suppliers, employees and others, which in turn could materially adversely affect our business, results of operations, and financial condition.
As previously described in this Quarterly Report, based on our current and projected use of our Senior Secured Revolver, as well as cash flows expected to be generated from operations and investing activities, we anticipate that we may not be able to maintain compliance with the existing financial leverage ratio covenant for the next twelve months.
−Removed: If we are unable to comply with our financial ratio covenant, then the revolving credit lenders, the Senior Secured Term Loan lenders, and the Incremental Term Loan lenders could take action to cause amounts due under our credit facility to become due and payable.
+Added: In July 2020, we amended our Credit Agreement to waive compliance with the financial leverage ratio covenant for the second and third quarters of 2020.
+Added: During this period, we are required to maintain minimum liquidity levels, provide certain financial and other information, and take certain other action as specified in the amendment.
+Added: Failure to maintain the required minimum liquidity levels or satisfy other requirements set forth in the amendment, or if we are unable to comply with our financial leverage ratio covenant after the waiver period, then the revolving credit lenders, the Senior Secured Term Loan lenders, and the Incremental Term Loan lenders could take action to cause amounts due under our credit facility to become due and payable.
This condition raises substantial doubt about the Company’s ability to continue as a going concern within one year after the date of issuance of these financial statements.
5 unchanged sentences
Further declines in our revenues as a result of these perceptions or otherwise would have a material adverse impact on our cash flows, results of operations, and financial condition.
+Added: Unregistered Sales of Equity Securities and Use of Proceeds
+Added: Defaults upon Senior Securities
+Added: Mine Safety Disclosures
+Added: Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.