Compliance with Instruments, etc. The Borrower is not: (a) in default under any indenture, agreement or instrument to which it is a party or by which it is bound, (b) in violation of its Articles of Incorporation, Bylaws or of any applicable law, (c) in default with respect to any order, writ, injunction or decree of any court, administrative agency or arbitrator, or (d) in default under any order, license, regulation or demand of any government agency, which default or violation would materially and adversely affect the business, properties, condition (financial or otherwise) or business prospects of the Borrower.
Appears in 3 contracts
Samples: Loan Agreement (Emerald Dairy Inc), Loan Agreement (Emerald Dairy Inc), Loan Agreement (Emerald Dairy Inc)
Compliance with Instruments, etc. The Borrower is not: not (ai) in default under any indenture, agreement or instrument to which it is a party or by which it is bound, (bii) in violation of its Articles Certificate of Incorporation, Bylaws By-Laws or of any applicable law, (ciii) in default with respect to any order, writ, injunction or decree of any court, administrative agency or arbitrator, or (div) in default under any order, license, regulation or demand of any government agency, which default or violation would materially and adversely affect the business, properties, condition (financial or otherwise) or business prospects of the Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Goldspring Inc), Loan Agreement (Vsus Technologies Inc)