Common use of Auction Assignment and Assumption Clause in Contracts

Auction Assignment and Assumption. Each Auction Notice and Auction Assignment and Assumption shall contain the following representations and warranties by the respective Borrower: “No Event of Default has occurred and is continuing, or would result from this Auction.”

Appears in 2 contracts

Samples: Credit Agreement (Bway Parent Company, Inc.), Credit Agreement (BWAY Holding CO)

AutoNDA by SimpleDocs

Auction Assignment and Assumption. Each Auction Notice and Auction Assignment and Assumption shall contain the following representations and warranties by the respective Borrower: “No Event of Default has occurred and is continuing, or would result from this Auction.”

Appears in 1 contract

Samples: Credit Agreement (Styron Canada ULC)

AutoNDA by SimpleDocs

Auction Assignment and Assumption. Each Auction Notice and Auction Assignment and Assumption shall contain the following representations and warranties by the respective Borrower: “No Default or Event of Default has occurred and is continuing, or would result from this AuctionPurchase Offer.

Appears in 1 contract

Samples: Credit Agreement (Costar Group Inc)

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