Common use of Borrower’s Financial Condition; No Defaults Clause in Contracts

Borrower’s Financial Condition; No Defaults. There is no material adverse change in Borrower’s financial condition since the time Borrower applied for the Loan. Borrower is not in default under any of the Loan Documents or the Construction Contract and no event has occurred that, by notice or the passage of time, would constitute a default under this Agreement, any of the Loan Documents, or the Construction Contract. Xxxxxxxx has complied completely with all of Xxxxxxxx’s promises about the Work.

Borrower’s Financial Condition; No Defaults. There is no material adverse change in Borrower’s 's financial condition or employment status since the time Borrower applied for the Loan. Borrower is not in default under any of the Loan Documents or the Construction Contract and no event has occurred that, by notice or the passage of time, would constitute a default under this Agreement, any of the Loan Documents, or the Construction Contract. Xxxxxxxx Borrower has complied completely with all of Xxxxxxxx’s Borrower's promises about the WorkWork (including the promises in Section II (A)(6) of this Loan Agreement).

Borrower’s Financial Condition; No Defaults. There is no material adverse change in Borrower’s financial condition since the time Borrower applied for the Loan. Borrower is not in default under any of the Loan Documents or the Construction Contract and no event has occurred that, by notice (if any) or the passage of time, would constitute a default under this Agreement, any of the Loan Documents, or the Construction ContractSupplier Contracts. Xxxxxxxx Borrower has complied completely with all of XxxxxxxxBorrower’s promises about the WorkWork (including the promises in Section 2.1.5 of this Loan Agreement).