Continuing Compliance. At the time any disbursement is to be made, there shall not exist any event, condition or act which constitutes an event of default under Section 6 hereof or any event, condition or act which with notice, lapse of time or both would constitute such event of default; nor shall there be any such event, condition, or act immediately after the disbursement were it to be made.
Appears in 34 contracts
Samples: Loan Agreement (Resmed Inc), Loan Agreement (Arden Group Inc), Loan Agreement (Educational Insights Inc)
Continuing Compliance. At the time any disbursement is to be made, there shall not exist any event, condition or act which constitutes an event Event of default Default under Section 6 hereof or any event, condition or act which with notice, lapse of time or both would constitute such event an Event of defaultDefault; nor shall there be any such event, condition, or act immediately after the disbursement were it to be made.
Appears in 2 contracts
Samples: Loan Agreement (Biosource International Inc), Loan Agreement (Specialty Laboratories)
Continuing Compliance. At the time any disbursement is to be made, there shall not exist any event, condition or act which constitutes an event Event of default Default under Section 6 hereof or any event, condition or act which with notice, lapse of time or both would constitute such event an Event of default; nor shall there be any such event, condition, or act immediately after the disbursement were it to be made.
Appears in 2 contracts
Continuing Compliance. At the time any disbursement is to be made, there shall not exist any event, condition or act which constitutes an event of default under Section 6 hereof or any event, condition or act which with notice, lapse of time or both would constitute such event of default; nor shall there be by any such event, condition, or act immediately after the disbursement were it to be made.
Appears in 1 contract
Continuing Compliance. At the time any disbursement is to be made, there shall not exist any event, condition or act which constitutes an event of default under Section Article 6 hereof or any event, condition or act which with notice, lapse of time or both would constitute such event of default; nor shall there be any such event, condition, or act immediately after the disbursement were it to be made.
Appears in 1 contract
Continuing Compliance. At the time any disbursement is to be made, there shall not exist any event, condition or act which constitutes an event Event of default Default under Section 6 hereof or any event, condition or act which with notice, lapse of time or both would constitute such event Event of defaultDefault; nor shall there be any such event, condition, or act immediately after the disbursement were it to be made.
Appears in 1 contract
Samples: Loan Agreement (Track N Trail Inc)
