Common use of Compliance with Loan Agreement Clause in Contracts

Compliance with Loan Agreement. On the date hereof, Borrower is in compliance with the terms and provisions set forth in the Loan Agreement (as modified by this Amendment) and no Event of Default specified in Section 11 of the Loan Agreement, nor any event which would, upon notice or lapse of time, or both, constitute such an Event of Default, has occurred.

Appears in 3 contracts

Samples: Loan Agreement (CFC International Inc), Loan Agreement (CFC International Inc), Loan Agreement (CFC International Inc)

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Compliance with Loan Agreement. On the date hereof, Borrower is in compliance with the terms and provisions set forth in of the Loan Agreement (as modified by this Amendment) and no Event of Default specified in Section 11 of the Loan Agreement, nor any event which would, upon notice or lapse of time, or both, constitute such an Event of Default, therein has occurred.

Appears in 3 contracts

Samples: Loan and Security Agreement (First Merchants Acceptance Corp), Loan and Security Agreement (First Merchants Acceptance Corp), Loan and Security Agreement (First Merchants Acceptance Corp)

Compliance with Loan Agreement. On the date hereof, Borrower is in compliance with of all of the terms and provisions set forth in the Loan Agreement (as modified by this Amendment) amended and no Default or Event of Default specified in Section 11 of the Loan Agreement, nor any event has occurred which would, upon notice has not been waived or lapse of time, or both, constitute such an Event of Default, has occurredamended herein.

Appears in 1 contract

Samples: Loan Agreement (Bancfirst Ohio Corp)

Compliance with Loan Agreement. On the date hereofhereof and other than with respect to the Forbearance Events of Default, Borrower is in compliance with all of the terms and provisions set forth in the Loan Agreement (as modified by this AmendmentAgreement) and no other Default or Event of Default specified in Section 11 of the Loan Agreement, nor any event which would, upon notice or lapse of time, or both, constitute such an Event of Default, has occurredoccurred and is continuing.

Appears in 1 contract

Samples: Forbearance Agreement (Arts Way Manufacturing Co Inc)

Compliance with Loan Agreement. On the date hereof, such Borrower is in compliance with all of the terms and provisions set forth in the Loan Agreement (as modified by this Amendment) and no Default or Event of Default specified in Section 11 of the Loan Agreement, nor any event which would, upon notice or lapse of time, or both, constitute such an Event of Default, has occurred.occurred and is continuing;

Appears in 1 contract

Samples: Loan Agreement (Unova Inc)

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Compliance with Loan Agreement. On the date ------------------------------ hereof, Borrower is in compliance with the terms and provisions set forth in of the Loan Agreement (as modified by this Amendment) and no Event of Default or Potential Default specified in Section 11 of the Loan Agreement, nor any event which would, upon notice or lapse of time, or both, constitute such an Event of Default, therein has occurred.

Appears in 1 contract

Samples: Loan Agreement (Magna Group Inc)

Compliance with Loan Agreement. On the date hereof, Borrower is in compliance with all of the terms and provisions set forth in the Loan Agreement (Agreement, as modified by this Amendment) amended hereby, and no Default or Event of Default specified in Section 11 of the Loan Agreement, nor any event has occurred which would, upon notice or lapse of time, or both, constitute such an Event of Default, has occurrednot been waived.

Appears in 1 contract

Samples: Loan and Security Agreement (Arlington Hospitality Inc)

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