Common use of Absence of Default or Event of Default Clause in Contracts

Absence of Default or Event of Default. No Default or Event of Default shall have occurred or would reasonably be expected to result from the funding of the Loans or the use of the proceeds therefrom.

Appears in 3 contracts

Samples: Facility Agreement (Intersect ENT, Inc.), Facility Agreement (Intersect ENT, Inc.), Facility Agreement (Intersect ENT, Inc.)

AutoNDA by SimpleDocs

Absence of Default or Event of Default. No Default or Event of Default shall have occurred or would reasonably be expected to result from the funding of the Loans applicable Disbursement or the use of the proceeds therefrom.

Appears in 1 contract

Samples: Facility Agreement (Intersect ENT, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!