Common use of ABSENCE OF TERMINATION OR DEFAULT Clause in Contracts

ABSENCE OF TERMINATION OR DEFAULT. Lender shall not have terminated the Revolving Loan facility hereunder, nor shall a Defaulting Event or Event of Default exist.

Appears in 3 contracts

Samples: Revolving Loan and Security Agreement (Ziplink Inc), Loan Agreement (Ziplink Inc), Loan Agreement (Ziplink Inc)

AutoNDA by SimpleDocs

ABSENCE OF TERMINATION OR DEFAULT. Lender shall not have terminated the Revolving Loan facility hereunder, nor shall a Defaulting Event exist or Event of Default existhave occurred.

Appears in 1 contract

Samples: Loan and Security Agreement (Memry Corp)

ABSENCE OF TERMINATION OR DEFAULT. Lender shall not have terminated the Revolving Loan facility or the Demand Loan hereunder, nor shall a Defaulting Event exist or Event of Default existhave occurred.

Appears in 1 contract

Samples: Loan and Security Agreement (Industrial Technologies Inc)

ABSENCE OF TERMINATION OR DEFAULT. Lender shall not have terminated the Revolving Loan facility or the Additional Loan hereunder, nor shall a Defaulting Event exist or Event of Default existhave occurred.

Appears in 1 contract

Samples: Loan and Security Agreement (Cycomm International Inc)

AutoNDA by SimpleDocs

ABSENCE OF TERMINATION OR DEFAULT. Lender shall not have terminated the Revolving Loan facility or the Equipment Loan facility hereunder, nor shall a Defaulting Event exist or Event of Default existhave occurred.

Appears in 1 contract

Samples: Credit and Security Agreement (Memry Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.