Certificate of No Default and Other Matters Sample Clauses

Certificate of No Default and Other Matters. Landlord shall have received, together with the notice requesting the Construction Advance described in clause (i) above, a current certificate of an officer of Tenant in the form included in Exhibit E. Without limiting the foregoing, Landlord may decline to advance any amount when Tenant is unable to truthfully certify, as contemplated in Exhibit E, that no liens are being asserted (as defined in such Certificate) against any part of or interest in the Leased Property that in the aggregate secure or allegedly secure more that $500,000 of claims by Potential Lien Claimants, regardless of whether any such liens have caused an Event of Default to occur hereunder or are being contested by Tenant as permitted by subparagraph o.
Sample 1
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Certificate of No Default and Other Matters. Solectron shall have provided to BNPLC, with the notice requesting the Construction Advance described in clause (i) above, a current certificate of an officer of Solectron in the form included in Exhibit F and shall have provided a copy of such certificate to the Participants. Without limiting the foregoing, BNPLC may decline to advance any amount when Solectron is unable to truthfully certify, as contemplated in Exhibit F, that no liens are being asserted against any part of or interest in the Property that in the aggregate secure or allegedly secure more than $5,000,000 of claims by Potential Lien Claimants, regardless of whether any such liens have caused an Event of Default to occur hereunder or are being contested by Solectron as permitted by subparagraph 12.(c). (As used in this subparagraph a lien will be considered as "being asserted" if a claim of lien relating thereto shall have been recorded and not discharged by payment or settlement.)
Sample 1
Certificate of No Default and Other Matters. Landlord shall have received, together with the notice requesting the Construction Advance described in clause (i) above, a current certificate of an officer of Tenant in the form included in Exhibit F (a) certifying that no Event of Default has occurred and is continuing, (b) certifying that the representations and warranties contained herein are true and correct in all material respects on and as of the date of such certificate as though made on and as of such date, subject only to such exceptions as may be disclosed therein and as are acceptable to Landlord, (c) certifying that each Construction Project which has commenced but not yet been completed is progressing without any significant continuing interruption in a good and workmanlike manner and substantially in accordance with the requirements of this Lease and all Applicable Laws and that Tenant has corrected or is diligently pursuing the correction of any significant defect in the construction thereof, (d) certifying that all costs and expenses for which Tenant is requesting reimbursement by the Construction Advance constitute actual costs and expenses incurred by Tenant for a Construction Project, and (e) certifying that, to the knowledge of Tenant, any liens then being asserted against the Leased Property by general contractors or other parties who have filed a statutory Preliminary Notice to preserve their right to a mechanic's or materialman's lien against the Leased Property (collectively, "Potential Lien Claimants") do not in the aggregate secure or allegedly secure more that $5,000,000 of claims. (As used in this subparagraph a lien will be considered as "being asserted" if a claim of lien relating thereto shall have been recorded and not discharged by payment or settlement.) Further, a copy of the certificate required by this clause shall have been furnished by Tenant to each of the Participants, and the certificate shall be true and correct. Without limiting the foregoing, Landlord may decline to advance any amount when liens are being asserted against any part of or interest in the Leased Property that in the aggregate secure or allegedly secure more that $5,000,000 of claims by Potential Lien Claimants, regardless whether any such liens have caused an Event of Default to occur hereunder or are being contested by Tenant as permitted by subparagraph 9(o).
Sample 1
Certificate of No Default and Other Matters. Electroglas shall have provided to BNPLC, with the notice requesting the Construction Advance described in clause (i) above, a current certificate of an officer of Electroglas in the form included in Exhibit 0 [with no significant exceptions listed in part b) of the certificate] and shall have provided a copy of such certificate to the Participants. Without limiting
Sample 1

Related to Certificate of No Default and Other Matters

  • Notice of Litigation and Other Matters Prompt (but in no event later than ten (10) days after an officer of the Borrower obtains knowledge thereof) telephonic and written notice of:

  • Definitions and Other Matters Section 1.1 Definitions 1 Section 1.2 Definitions Generally 4 ARTICLE II REGISTRATION RIGHTS

  • Litigation and Other Notices Furnish to the Administrative Agent (which will promptly thereafter furnish to the Lenders) written notice of the following promptly after any Responsible Officer of the Borrower obtains actual knowledge thereof:

  • Regulatory and Other Matters (a) The parties shall, and shall cause their respective Subsidiaries to, cooperate with each other and use their respective commercially reasonable efforts to promptly prepare and file all necessary documentation, to effect all applications, notices, petitions and filings with any Third Party or Governmental Entity and to take any further actions reasonably requested by the other party to obtain as promptly as practicable the Required Approvals and other consents required to be obtained in connection with the Merger and the other transactions contemplated by this Agreement. MDLY and SIC shall have the right to review in advance, and, to the extent practicable, each will consult with the other on, in each case subject to Applicable Laws relating to the confidentiality of information, all information relating to MDLY or SIC, as the case may be, and any of their respective Subsidiaries, that appear in any filing made with, or written materials submitted to, any Third Party or any Governmental Entity in connection with obtaining the Required Approvals. In exercising the foregoing right, each of the parties shall act reasonably and as promptly as reasonably practicable. The parties shall consult with each other with respect to the obtaining of the Required Approvals and each party will keep the other apprised of the status of matters relating to completion of the transactions contemplated by this Agreement.

  • Voting Rights and Other Actions 10 SECTION 4.1. Prior Notice to Holder with Respect to Certain Matters.......................................10 SECTION 4.2. Action by Certificateholder with Respect to Certain Matters.......................................11 SECTION 4.3. Restrictions on Certificateholder's Power..............11 SECTION 4.4. Rights of Security Insurer.............................12

  • Delivery and Other Perfection The Pledgor shall:

  • Conflicting Agreements and Other Matters Neither the Company nor any of its Subsidiaries is a party to any contract or agreement or subject to any charter or other corporate restriction which materially and adversely affects its business, property or assets, or financial condition. Neither the execution nor delivery of this Agreement or the Notes, nor the offering, issuance and sale of the Notes, nor fulfillment of nor compliance with the terms and provisions hereof and of the Notes will conflict with, or result in a breach of the terms, conditions or provisions of, or constitute a default under, or result in any violation of, or result in the creation of any Lien upon any of the properties or assets of the Company or any of its Subsidiaries pursuant to, the charter or by-laws of the Company or any of its Subsidiaries, any award of any arbitrator or any agreement (including any agreement with stockholders), instrument, order, judgment, decree, statute, law, rule or regulation to which the Company or any of its Subsidiaries is subject. Neither the Company nor any of its Subsidiaries is a party to, or otherwise subject to any provision contained in, any instrument evidencing Indebtedness of the Company or such Subsidiary, any agreement relating thereto or any other contract or agreement (including its charter) which limits the amount of, or otherwise imposes restrictions on the incurring of, Indebtedness of the Company of the type to be evidenced by the Notes except as set forth in the agreements listed in Schedule 8G attached hereto.

  • Insurance and Other Matters If, at the time of the receipt of a notice of the commencement of a Proceeding pursuant to Section 7(a) above, the Company has director and officer liability insurance in effect, the Company shall give prompt notice of the commencement of such Proceeding to the issuers in accordance with the procedures set forth in the respective policies. The Company shall thereafter take all reasonable action to cause such insurers to pay, on behalf of Indemnitee, all amounts payable as a result of such Proceeding in accordance with the terms of such insurance policies.

  • Organizational and Other Matters Section 2.01 The Company was formed as a limited liability company under the provisions of the Act by the filing of the Certificate with the Secretary of State of the State of Delaware on 22 June 2007. The rights and liabilities of the Member shall be as provided in the Act, except as otherwise expressly provided herein. F:\USERS\jengllsh\Office\ENSCO Drilling Mexico LLC\Amended LLC Agreement

  • Filing Proofs, Certificates and Other Information Any holder of a Receipt may be required from time to time to file such proof of residence, or other matters or other information, to execute such certificates and to make such representations and warranties as the Depositary or the Company may reasonably deem necessary or proper or otherwise reasonably request. The Depositary or the Company may withhold the delivery, or delay the registration of transfer, redemption or exchange, of any Receipt or the withdrawal or conversion of the Stock represented by the Depositary Shares evidenced by any Receipt or the distribution of any dividend or other distribution or the sale of any rights or of the proceeds thereof until such proof or other information is filed or such certificates are executed or such representations and warranties are made.

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