Common use of Absence of Defaults Clause in Contracts

Absence of Defaults. None of the Parent, the Borrower or any Subsidiary is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary or any other Loan Party under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or any Subsidiary or other Loan Party is a party or by which the Parent, the Borrower or any Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of Neither the Parent, the Borrower or Borrower, any Subsidiary nor any other Loan Party is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, a determination of materiality, the satisfaction of any condition, or bothany combination of the foregoing, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary or any other Loan Party under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or any Subsidiary or other Loan Party is a party or by which the Parent, the Borrower or any Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of the Parent, the Borrower Borrower, any other Loan Party or any other Subsidiary is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary other Loan Party or any other Loan Party Subsidiary under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or Borrower, any Subsidiary or other Loan Party or any other Subsidiary is a party or by which the Parent, the Borrower or Borrower, any Subsidiary or other Loan Party or any other Subsidiary or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of Neither the ParentBorrower, the Borrower or any Subsidiary nor any other Loan Party is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) which constitutes a Default or an Event of Default; or (ii) which constitutes, or which with the passage of time, the giving of notice, a determination of materiality, the satisfaction of any condition, or bothany combination of the foregoing, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary or any other Loan Party under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or any Subsidiary or other Loan Party is a party or by which the Parent, the Borrower or any Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of Neither the ParentBorrower, the Borrower or any Subsidiary nor any other Loan Party is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, which in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, a determination of materiality, the satisfaction of any condition, or bothany combination of the foregoing, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary or any other Loan Party under any material agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or any Subsidiary or other Loan Party is a party or by which the Parent, the Borrower or any Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of the ParentBorrowers, any of the Borrower other Loan Parties or any Subsidiary of the other Subsidiaries is in default in any material respect beyond any applicable grace period under its certificate or articles of incorporationincorporation or formation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the any Borrower, any Subsidiary or any other Loan Party or any other Subsidiary under any agreement Material Contract (other than this Agreement) or judgment, decree or order to which the Parentany Borrower, the Borrower or any Subsidiary or other Loan Party or any other Subsidiary is a party or by which the Parentany Borrower, the Borrower or any Subsidiary or other Loan Party or any other Subsidiary, or any of their respective properties may be bound where where, in the case of (ii), such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of the Parent, the Borrower Borrower, any other Subsidiary or any Subsidiary other Loan Party is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary or any other Loan Party under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or any other Subsidiary or other Loan Party is a party or by which the Parent, the Borrower or any other Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of the Parent, the Borrower Borrower, any other Loan Party or any other Subsidiary is in default in any material respect beyond any applicable grace period under its articles of incorporation, certificate of formation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary or any other Loan Party under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or any Subsidiary or other Loan Party or any other Subsidiary is a party or by which the Parent, the Borrower or any Subsidiary or other Loan Party or any other Subsidiary or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of Neither the ParentBorrower, the Borrower or any Subsidiary nor any other Loan Party is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, which in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, a determination of materiality, the satisfaction of any condition, or bothany combination of the foregoing, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary or any other Loan Party under any material agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or any Subsidiary or other Loan Party is a party or by which the Parent, the Borrower or any Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default coulddefault, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of the ParentBorrowers, any of the Borrower other Loan Parties or any Subsidiary of the other Subsidiaries is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the any Borrower, any Subsidiary or any other Loan Party or any other Subsidiary under any agreement (other than this Agreement) or judgment, decree or order to which the Parentany Borrower, the Borrower or any Subsidiary or other Loan Party or any other Subsidiary is a party or by which the Parentany Borrower, the Borrower or any Subsidiary or other Loan Party or any other Subsidiary, or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of the ParentBorrower, any of the Borrower other Loan Parties or any Subsidiary of the other Subsidiaries is in default in any material respect beyond any applicable grace period under its certificate or articles of incorporationincorporation or formation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary or any other Loan Party or any other Subsidiary under any agreement Material Contract (other than this Agreement) or judgment, decree or order to which the ParentBorrower, the Borrower or any Subsidiary or other Loan Party or any other Subsidiary is a party or by which the ParentBorrower, the Borrower or any Subsidiary or other Loan Party or any other Subsidiary, or any of their respective properties may be bound where where, in the case of (ii), such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of the ParentBorrowers, any of the Borrower other Loan Parties or any Subsidiary of the other Subsidiaries is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the any Borrower, any Subsidiary or any other Loan Party or any other Subsidiary under any agreement Material Contract (other than this Agreement) or judgment, decree or order to which the Parentany Borrower, the Borrower or any Subsidiary or other Loan Party or any other Subsidiary is a party or by which the Parentany Borrower, the Borrower or any Subsidiary or other Loan Party or any other Subsidiary, or any of their respective properties may be bound where where, in the case of (i) or (ii), such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of Neither the Parent, the Borrower or nor any Subsidiary other Loan Party is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, a determination of materiality, the satisfaction of any condition, or bothany combination of the foregoing, would constitute, a default or event of default by the Parent, the Borrower, Borrower or any Subsidiary or any other Loan Party under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or Borrower, any Subsidiary or any other Loan Party is a party or by which the Parent, the Borrower or any Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of the ParentNeither Borrower, the Borrower or any Subsidiary nor any other Loan Party is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, a determination of materiality, the satisfaction of any condition, or bothany combination of the foregoing, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary or any other Loan Party under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or any Subsidiary or other Loan Party is a party or by which the Parent, the Borrower or any Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of Neither the ParentBorrower, the Borrower or any Subsidiary nor any other Loan Party is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, a determination of materiality, the satisfaction of any condition, or bothany combination of the foregoing, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary or any other Loan Party under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or any Subsidiary or other Loan Party is a party or by which the Parent, the Borrower or any Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of the ParentBorrower, the Borrower or Parent nor any other Subsidiary is in default in any material respect beyond any applicable grace period under its articles or certificate of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) which constitutes a Default or an Event of Default; or (ii) which constitutes, or which with the passage of time, the giving of notice, a determination of materiality, the satisfaction of any condition, or bothany combination of the foregoing, would constitute, a default or event of default by the ParentBorrower, the Borrower, any Subsidiary Parent or any other Loan Party Subsidiary under any agreement (other than this Agreementexcluding the Loan Documents) or judgment, decree or order to which the ParentBorrower, the Borrower Parent or any other Subsidiary or other Loan Party is a party or by which the ParentBorrower, the Borrower Parent or any other Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of the ParentBorrower, the Borrower or Parent nor any other ------------------- Subsidiary is in default in any material respect beyond any applicable grace period under its articles or certificate of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) which constitutes a Default or an Event of Default; or (ii) which constitutes, or which with the passage of time, the giving of notice, a determination of materiality, the satisfaction of any condition, or bothany combination of the foregoing, would constitute, a default or event of default by the ParentBorrower, the Borrower, any Subsidiary Parent or any other Loan Party Subsidiary under any agreement (other than this Agreementexcluding the Loan Documents) or judgment, decree or order to which the ParentBorrower, the Borrower Parent or any other Subsidiary or other Loan Party is a party or by which the ParentBorrower, the Borrower Parent or any other Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of Neither the Parent, the Borrower or any Subsidiary, any Joint Venture Subsidiary nor any other Loan Party is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the Borrowerany Subsidiary, any Joint Venture Subsidiary or any other Loan Party under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or any Subsidiary, any Joint Venture Subsidiary or other Loan Party is a party or by which the Parent, the Borrower or any Subsidiary, any Joint Venture Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Absence of Defaults. None of the Parent, the Borrower Borrower, any other Loan Party or any other Subsidiary is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) constitutes a Default or an Event of Default; or (ii) constitutes, or which with the passage of time, the giving of notice, or both, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary other Loan Party or any other Loan Party Subsidiary under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or Borrower, any Subsidiary or other Loan Party or any other Subsidiary is a party or by which the Parent, the Borrower or Borrower, any Subsidiary or other Loan Party or any other Subsidiary or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.. ​

Absence of Defaults. None of Neither the ParentBorrower, the Borrower or any Subsidiary nor any other Loan Party is in default in any material respect beyond any applicable grace period under its articles of incorporation, bylaws, partnership agreement or other similar organizational documents, and no event has occurred, which has not been remedied, cured or waived, which, in any such case: (i) which constitutes a Default or an Event of Default; or (ii) which constitutes, or which with the passage of time, the giving of notice, a determination of materiality, the satisfaction of any condition, or bothany combination of the foregoing, would constitute, a default or event of default by the Parent, the Borrower, any Subsidiary or any other Loan Party under any agreement (other than this Agreement) or judgment, decree or order to which the Parent, the Borrower or any Subsidiary or other Loan Party is a party or by which the Parent, the Borrower or any Subsidiary or other Loan Party or any of their respective properties may be bound where such default or event of default could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.