Common use of ABSENCE OF EVENTS OF DEFAULTS Clause in Contracts

ABSENCE OF EVENTS OF DEFAULTS. As of the Closing Date or the Advance Date, no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute an Event of Default under this Agreement or any of the Loan Documents.

Appears in 6 contracts

Samples: Loan and Security Agreement (Cytokinetics Inc), Loan and Security Agreement (Cytokinetics Inc), Loan and Security Agreement (Cytokinetics Inc)

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ABSENCE OF EVENTS OF DEFAULTS. As of the Closing Date or the Advance Date, as applicable, no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute an Event of Default under this Agreement or any of the Loan DocumentsDocuments and no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute a material default under the Senior Loan Documents between Borrower and Senior Creditor.

Appears in 1 contract

Samples: Subordinated Loan and Security Agreement (Handspring Inc)

ABSENCE OF EVENTS OF DEFAULTS. As of the Closing Date or the Advance Date, no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute an Event of Default under this Agreement or any of the Loan Documents and no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute an Event of Default as defined in the Senior Loan Documents, between Borrower and Senior Creditor.

Appears in 1 contract

Samples: Subordinated Loan and Security Agreement (Omm Inc)

ABSENCE OF EVENTS OF DEFAULTS. As of the Closing Date or the Advance Date, no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute an Event of Default under this Agreement or any of the Loan Documents.or

Appears in 1 contract

Samples: Subordinated Loan and Security Agreement (E Piphany Inc)

ABSENCE OF EVENTS OF DEFAULTS. As of the Closing Date or the and each Advance Date, no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute an Event of Default under this Agreement or any of the Loan DocumentsDocuments and no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute a default under the Senior Loan Documents between Borrower and Senior Creditor.

Appears in 1 contract

Samples: Subordinated Loan and Security Agreement (Net Genesis Corp)

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ABSENCE OF EVENTS OF DEFAULTS. As of the Closing Date or the Advance Date, no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute an Event of Default under this Agreement or any of the Loan DocumentsDocuments and no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute a default under the Loan Agreement between Borrower and Senior Creditor.

Appears in 1 contract

Samples: Subordinated Loan and Security Agreement (Information Advantage Software Inc)

ABSENCE OF EVENTS OF DEFAULTS. As of the Closing Date or the Advance Date, no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute an Event of Default under this Agreement or any of the Loan Documents.Documents and no fact or condition exists that would (or would, with the passage of time, the giving of notice, or

Appears in 1 contract

Samples: Subordinated Loan and Security Agreement (Acusphere Inc)

ABSENCE OF EVENTS OF DEFAULTS. As of the Closing Date or the Advance Date, no fact or condition exists that would (or would, with the passage of time, the giving of notice, or both) constitute an Event of Default under this Agreement or any of the Loan DocumentsAgreement.

Appears in 1 contract

Samples: Subordinated Loan and Security Agreement (Egroups Inc)

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