Compliance with Covenants; No Default. Borrower is, and upon funding of the initial Loans on the Closing Date 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 initial Loans on the Closing Date will not cause a Default.
Appears in 5 contracts
Samples: Loan and Security Agreement (Primo Water Corp), Loan and Security Agreement (Vitacost.com, Inc.), Loan and Security Agreement (Ic Isaacs & Co Inc)
Compliance with Covenants; No Default. Each Borrower is, and upon funding of the initial Loans on the Closing Date 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 initial Loans on the Closing Date will not cause a Default.
Appears in 3 contracts
Samples: Loan and Security Agreement (Adams Golf Inc), Loan and Security Agreement (JPS Industries Inc), Loan and Security Agreement (Proxymed Inc /Ft Lauderdale/)
Compliance with Covenants; No Default. Such Borrower is, and upon funding the making of the initial Loans extensions of credit on the Closing Date will be, in compliance with all of the covenants hereof. No Default has occurredis in existence, and the execution, delivery delivery, and performance of the Loan Documents and the funding making of the initial Loans extensions of credit on the Closing Date will not cause a Default.
Appears in 2 contracts
Samples: Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (Dreams Inc)
Compliance with Covenants; No Default. Borrower is, and upon funding of the initial Loans on the Closing Date will be, in compliance with all of the covenants hereof. No Event of Default has occurred, and the execution, delivery and performance of the Loan Documents and the funding of the initial Loans on the Closing Date will not cause a an Event of Default.
Appears in 2 contracts
Samples: Master Loan Agreement (Asbury Automotive Group Inc), Master Loan Agreement (Asbury Automotive Group Inc)
Compliance with Covenants; No Default. Borrower is, and upon funding of the initial Loans Term Loan on the Closing Date 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 initial Loans Term Loan on the Closing Date will not cause a Default.
Appears in 1 contract
Samples: Second Lien Term Loan and Security Agreement (Innotrac Corp)
Compliance with Covenants; No Default. Each Borrower is, and upon funding of the initial Loans on the Closing Date will be, in compliance with all of the covenants hereof. No Event of Default or Default has occurred, and the execution, delivery and performance of the Loan Documents and the funding of the initial Loans on the Closing Date will not cause an Event of Default or a Default.
Appears in 1 contract
