Common use of Compliance with Financial Obligations Clause in Contracts

Compliance with Financial Obligations. As of the Closing Date, ------------------------------------- each of Borrower and the Subsidiaries of Borrower shall be in compliance with all of their respective existing financial obligations except where failure to be in compliance could not have a Material Adverse Effect;

Appears in 2 contracts

Samples: Credit Agreement (Renaissance Worldwide Inc), Credit Agreement (Renaissance Worldwide Inc)

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Compliance with Financial Obligations. As of the Closing Date, ------------------------------------- and after giving effect to the Disposition, each of Borrower the Borrower, IFG and the Subsidiaries of the Borrower and IFG shall be in compliance with all of their respective existing financial obligations except where failure to be in compliance could not have a Material Adverse Effectobligations;

Appears in 2 contracts

Samples: Credit Agreement (Imperial Financial Group Inc), Credit Agreement (Imperial Financial Group Inc)

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