Compliance with Covenants; No Default. Borrower is, and upon funding of the Loan will be, in compliance with all of the covenants hereof. No Default has occurred, and the execution, delivery and performance of the Loan Documents and the funding of the Loan will not cause a Default.
Appears in 9 contracts
Samples: Non Revolving Credit and Security Agreement (Unilife Corp), Revolving Credit and Security Agreement (Intelligroup Inc), Revolving Credit and Security Agreement (Sri Surgical Express Inc)
Compliance with Covenants; No Default. Borrower It is, and upon funding of the Loan Loans will be, in compliance with all of the covenants hereof. No ; and no Default or Event of Default has occurred, and the execution, delivery and performance of the Loan Documents and the funding of the Loan Loans will not cause a Default or Event of Default.
Appears in 3 contracts
Samples: Loan and Security Agreement (Video Display Corp), Loan and Security Agreement (Cpac Inc), Subordination Agreement (Video Display Corp)
Compliance with Covenants; No Default. The Borrower is, and upon funding of the Loan Term Notes will be, be in compliance with all of the covenants hereof. No Event of Default has occurredoccurred and is continuing, and the execution, delivery and performance of the Loan Documents and the funding of the Loan Term Notes will not cause a an Event of Default.
Appears in 2 contracts
Samples: Loan, Pledge and Security Agreement, Loan, Pledge and Security Agreement (Softech Inc)
Compliance with Covenants; No Default. Borrower is, and upon funding of the Loan Loans will be, in compliance with all of the covenants hereof. No Default has occurred, and the execution, delivery and performance of the Loan Documents and the funding of the Loan Loans will not cause a Default.
Appears in 2 contracts
Samples: Revolving Credit, Equipment Loan and Security Agreement (Transact Technologies Inc), Credit and Security Agreement (Transact Technologies Inc)
Compliance with Covenants; No Default. Borrower Each of Borrower, Guarantor A and Guarantor B is, and upon funding of the Loan will be, in compliance with all of the covenants hereof. No Default has occurred, and the execution, delivery and performance of the Loan Documents and the funding of the Loan will not cause a Default.
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Compliance with Covenants; No Default. Borrower is, and upon funding of the Loan will be, is in compliance with all of the covenants hereof. No Event of Default has occurredoccurred and is continuing, and the execution, delivery and performance of the Loan Documents Documents, execution, delivery and performance of the Asset Purchase Agreement and the funding of the Loan Note will not cause a an Event of Default.
Appears in 1 contract
Compliance with Covenants; No Default. Borrower is, and upon ------------------------------------- funding of the Loan Loans will be, in compliance with all of the covenants hereof. No Default has occurred, and the execution, delivery and performance of the Loan Documents and the funding of the Loan Loans will not cause a Default.
Appears in 1 contract
Samples: Loan and Security Agreement (Bradley Pharmaceuticals Inc)
Compliance with Covenants; No Default. Borrower is, and upon funding of the Revolving Loan will be, in compliance with all of the covenants hereof. No Default has occurred, and the execution, delivery and performance of the Loan Documents and the funding of the Revolving Loan will not cause a Default.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Corgenix Medical Corp/Co)
Compliance with Covenants; No Default. Borrower is, and upon funding execution and delivery of this Agreement and the related Loan Documents will be, in compliance with all of the covenants hereof. No ; and no Default or Event of Default has occurred, and the execution, delivery and performance of this Agreement and the related Loan Documents and the funding of the Loan will not cause a Default or Event of Default.
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Compliance with Covenants; No Default. Borrower It is, and upon funding of the Loan will be, in compliance with all of the covenants hereof. No ; and no Default or Event of Default has occurred, and the execution, delivery and performance of the Loan Documents and the funding of the Loan will not cause a Default or Event of Default.
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