Common use of Bonding Facility Clause in Contracts

Bonding Facility. The Loan Parties have provided to the Administrative Agent a true and correct copy of the Bonding Agreement. The Borrower and its Subsidiaries have available bonding capacity under one or more Bonding Agreements in an amount sufficient to operate their respective businesses in the ordinary course of business. Each of the Bonding Agreements is in full force and effect and no Duly Authorized Officer has knowledge of any condition that would constitute a default under Section 7.1(l) of this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Limbach Holdings, Inc.), Credit Agreement (Limbach Holdings, Inc.), Credit Agreement (Limbach Holdings, Inc.)

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Bonding Facility. The Loan Parties have provided to the Administrative Agent a true and correct copy of all agreements establishing the Required Bonding AgreementFacility (together, the “Bonding Agreements”). The Borrower and its Subsidiaries have available bonding capacity under one or more Bonding Agreements in an amount sufficient to operate their respective businesses in the ordinary course of business. Each of the Bonding Agreements is in full force and effect and no Duly Authorized Officer has knowledge is aware of any condition that would constitute a default under Section 7.1(l) of this Agreement.

Appears in 1 contract

Samples: Joint Venture Agreement (Limbach Holdings, Inc.)

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Bonding Facility. The Loan Parties have provided to the Administrative Agent a true and correct copy of all agreements establishing the Required Bonding AgreementFacility (together, the “Bonding Agreements”). The Borrower and its Subsidiaries have available bonding capacity under one or more Bonding Agreements in an amount sufficient to operate their respective businesses in the ordinary course of business. Each of the Bonding Agreements is in full force and effect and no Duly Authorized Officer has knowledge is aware of any condition that would constitute a default under Section 7.1(l) of this Agreement.

Appears in 1 contract

Samples: Joint Venture Agreement (Limbach Holdings, Inc.)

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