Compliance with Contracts. The Credit Parties are in compliance with, and have at all times complied with, each of the contractual obligations (including those under each Material Contract) owing by each of them to its customers, suppliers and other Persons. No contract or other Instrument to which a Credit Party is a party is in default nor has any counterparty thereto claimed or asserted a default or breach thereof.
Appears in 3 contracts
Samples: Senior Secured Gold Stream Credit Agreement (Royal Standard Minerals Inc), Senior Secured Gold Stream Credit Agreement (Royal Standard Minerals Inc), Senior Secured Gold Stream Credit Agreement (Royal Standard Minerals Inc)
Compliance with Contracts. The Credit Parties are in compliance with, and have at all times complied with, each of the contractual obligations (including those under each Material Contract) owing by each of them to its customers, suppliers and other Persons. No contract or other Instrument to which a Credit Party is a party is in default nor has any counterparty thereto claimed or asserted a default or breach thereof, except as disclosed in Schedule 7.1(h).
Appears in 2 contracts
Samples: Loan Agreement (Gryphon Gold Corp), Loan Agreement (Gryphon Gold Corp)
Compliance with Contracts. The Credit Parties are in compliance with, and have at all times complied with, each of the contractual obligations (including those under each Material Contract) owing by each of them to its customers, suppliers and other Persons. No contract or other Instrument to which a Credit Party is a party is in default nor has any counterparty thereto claimed or asserted a default or breach thereof.
Appears in 1 contract
Samples: Senior Secured Gold Stream Credit Agreement (Santa Fe Gold CORP)
