Common use of Absence of Defaults Clause in Contracts

Absence of Defaults. No event has occurred or is continuing that constitutes a Default or an Event of Default, or that constitutes, or that with the passage of time or giving of notice or both would constitute, a default or event of default by the Borrower or any Restricted Subsidiary thereof under any Material Indebtedness or any material judgment, decree or order to which the Borrower or its Restricted Subsidiaries is a party or by which the Borrower or its Restricted Subsidiaries or any of their respective properties may be bound or that would require the Borrower or its Restricted Subsidiaries to make any payment thereunder prior to the scheduled maturity date therefor.

Absence of Defaults. No event has occurred or is continuing that (i) which constitutes a Default or an Event of Default, or that (ii) which constitutes, or that which with the passage of time or giving of notice or both would constitute, a default or event of default by the Borrower or any Restricted Subsidiary thereof of its Subsidiaries under any Material Indebtedness Contract or any material judgment, decree or order to which the Borrower or its Restricted Subsidiaries is a party or by which the Borrower or its Restricted Subsidiaries or any of their respective properties may be bound or that which would require the Borrower or its Restricted Subsidiaries to make any payment thereunder prior to the scheduled maturity date therefortherefor that, in any case under clause (ii) could, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. No event has occurred or is continuing that (i) which constitutes a Default or an Event of Default, or that (ii) which constitutes, or that which with the passage of time or giving of notice or both would constitute, a default or event of default by the Parent Borrower or any Restricted Subsidiary thereof of its Subsidiaries under any Material Indebtedness Contract or any material judgment, decree or order to which the Parent Borrower or its Restricted Subsidiaries is a party or by which the Parent Borrower or its Restricted Subsidiaries or any of their respective properties may be bound or that which would require the Parent Borrower or its Restricted Subsidiaries to make any payment thereunder prior to the scheduled maturity date therefortherefor that, in any case under clause (ii) could, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. No event has occurred or is continuing that which constitutes a Default or an Event of DefaultDefault which has not been waived, or that which constitutes, or that which with the passage of time or giving of notice or both would constitute, a default or event of default default, which has not been waived, by the Borrower or any Restricted Subsidiary thereof under any Material Indebtedness Contract or any material judgment, decree or order to which the Borrower or its Restricted Subsidiaries is a party or by which the Borrower or its Restricted Subsidiaries or any of their respective properties may be bound or that which would require the Borrower or its Restricted Subsidiaries to make any payment thereunder prior to the scheduled maturity date therefor.

Absence of Defaults. No Other than with respect to any Non-Recourse Project Financing Indebtedness, no event has occurred or is continuing that which constitutes a Default or an Event of Default, or that which constitutes, or that which with the passage of time or giving of notice or both would constitute, a default or event of default by the Borrower or any Restricted Subsidiary thereof under any Material Indebtedness Contract or any material judgment, decree or order to which the Borrower or its Restricted Subsidiaries is a party or by which the Borrower or its Restricted Subsidiaries or any of their respective properties may be bound or that which would require the Borrower or its Restricted Subsidiaries to make any payment thereunder prior to the scheduled maturity date therefor.

Absence of Defaults. No event has occurred or is continuing that (a) which constitutes a Default or an Event of Default, or that (b) which constitutes, or that which with the passage of time or giving of notice or both would constitute, a default or event of default by the Borrower or any Restricted Subsidiary thereof under any Material Indebtedness Contract or any material judgment, decree or order to which the Borrower or its Restricted Subsidiaries any Subsidiary thereof is a party or by which the Borrower or its Restricted Subsidiaries any Subsidiary thereof or any of their respective properties may be bound or that which would require the Borrower or its Restricted Subsidiaries any Subsidiary thereof to make any payment thereunder prior to the scheduled maturity date therefortherefore that, in any case under this clause (b), could, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. No event has occurred or is continuing that which constitutes a Default or an Event of Default, or that which constitutes, or that which with the passage of time or giving of notice or both would constitute, a default or event of default by the Borrower or any Restricted Subsidiary thereof under any Material Indebtedness Contract or any material judgment, decree or order to which the Borrower or any of its Restricted Subsidiaries is a party or by which the Borrower or any of its Restricted Subsidiaries or any of their respective properties may be bound or that which would require the Borrower or any of its Restricted Subsidiaries to make any payment in excess of $1,000,000 thereunder prior to the scheduled maturity date therefor.

Absence of Defaults. No event has occurred or is continuing that (i) which constitutes a Default or an Event of Default, Default or that (ii) which constitutes, or that which with the passage of time or giving of notice or both would constitute, a default or event of default by the Borrower or any Restricted Subsidiary thereof of its Subsidiaries under any Material Indebtedness Contract or any material judgment, decree or order to which the Borrower or any of its Restricted Subsidiaries is a party or by which the Borrower or any of its Restricted Subsidiaries or any of their respective properties may be bound or that which would require the Borrower or any of its Restricted Subsidiaries to make any payment thereunder prior to the scheduled maturity date therefortherefor (except, with respect to clause (ii), where such default or defaults, if any, could not reasonably be expected to have a Material Adverse Effect).

Absence of Defaults. No event has occurred or is continuing that constitutes a Default or an Event of Default, or that constitutes, or that with the passage of time or giving of notice or both would constitute, a default or event of default by the Borrower or any Restricted Subsidiary thereof under any Material Indebtedness or any material judgment, decree or order to which the Borrower or its Restricted Subsidiaries is a party or by which that the Borrower or its Restricted Subsidiaries or any of their respective properties may be bound or that which would require the Borrower or its Restricted Subsidiaries to make any payment thereunder prior to the scheduled maturity date therefor.

Absence of Defaults. No event has occurred or and is continuing that which constitutes a Default or an Event of Default, or that . No event has occurred and is continuing which constitutes, or that which with the passage of time or giving of notice or both would constitute, a default or event of default by the Borrower or any Restricted Subsidiary thereof under any Material Indebtedness Contract or any material judgment, decree or order to which the Borrower or one or more of its Restricted Subsidiaries is a party or by which the Borrower or one or more of its Restricted Subsidiaries or any of their respective properties may be bound or that which would require the Borrower or one or more of its Restricted Subsidiaries to make any payment thereunder prior to the scheduled maturity date therefor.

Absence of Defaults. No event has occurred or is continuing that which constitutes a Default or an Event of Default, or that which constitutes, or that which with the passage of time or giving of notice or both would constitute, a default or event of default by the Borrower or any Restricted Consolidated Subsidiary thereof under any Material Indebtedness Contract or any material judgment, decree or order to which the Borrower or its Restricted Consolidated Subsidiaries is a party or by which the Borrower or its Restricted Consolidated Subsidiaries or any of their respective properties may be bound or that which would require the Borrower or its Restricted Consolidated Subsidiaries to make any payment thereunder prior to the scheduled maturity date therefortherefor except for matters which could not reasonably be expected to have a Material Adverse Effect on the Borrower and its Subsidiaries.