Common use of Defaults, etc Clause in Contracts

Defaults, etc. Such Grantor is not in default in the payment of any portion of any mandatory capital contribution, if any, required to be made under any agreement to which such Grantor is a party relating to the Pledged Interests pledged by it, and such Grantor is not in violation in any material respect of any other provisions of any such agreement to which such Grantor is a party, or otherwise in default or violation in any material respect thereunder. No Securities Collateral pledged by such Grantor is subject to any defense, offset or counterclaim, nor have any of the foregoing been asserted or alleged against such Grantor by any Person with respect thereto, and as of the date hereof, there are no certificates, instruments, documents or other writings (other than the Organization Documents, certificates, instruments or other documents, if any, delivered to the Agent) which evidence any Pledged Interests of such Grantor.

Appears in 3 contracts

Samples: Security Agreement (Tilly's, Inc.), Security Agreement (Tilly's, Inc.), Security Agreement (Tilly's, Inc.)

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Defaults, etc. Such Grantor is not in default in the payment of any portion of any mandatory capital contribution, if any, required to be made under any agreement to which such Grantor is a party relating to the Pledged Interests Securities pledged by it, and such Grantor is not in violation in any material respect of any other provisions of any such agreement to which such Grantor is a party, or otherwise in default or violation in any material respect thereunder. No To such Grantor’s knowledge, no Securities Collateral pledged by such Grantor is subject to any defense, offset or counterclaim, nor have any of the foregoing been asserted or alleged against such Grantor by any Person with respect thereto, and as of the date hereof, there are no certificates, instruments, documents or other writings (other than the Organization Documents, certificates, instruments or other documents, if any, delivered to the Agent) which evidence any Pledged Interests Securities of such Grantor.

Appears in 2 contracts

Samples: Security Agreement (FDO Holdings, Inc.), Term Loan Security Agreement (FDO Holdings, Inc.)

Defaults, etc. Such Grantor is not in default in the payment of any portion of any mandatory capital contribution, if any, required to be made under any agreement to which such Grantor is a party relating to the Pledged Interests and Successor Interests pledged by it, and such Grantor is not in violation in any material respect of any other provisions of any such agreement to which such Grantor is a party, or otherwise in default or violation in any material respect thereunder. No Securities Collateral pledged by such Grantor is subject to any defense, offset or counterclaim, nor have any of the foregoing been asserted or alleged against such Grantor by any Person with respect thereto, and as of the date hereof, there are no certificates, instruments, documents or other writings (other than the Organization Documents, Documents and certificates, instruments or other documents, if any, delivered to the Collateral Agent) which evidence any Pledged Interests and Successor Interests of such Grantor.

Appears in 1 contract

Samples: Credit Agreement (Supervalu Inc)

Defaults, etc. Such Grantor is not in default in the payment of any portion of any mandatory capital contribution, if any, required to be made under any agreement to which such Grantor is a party relating to the Pledged Interests Securities pledged by it, and such Grantor is not in violation in any material respect of any other material provisions of any such agreement to which such Grantor is a party, or otherwise in default or violation in any material respect thereunder. No Securities Collateral pledged by such Grantor is subject to any defense, offset or counterclaim, nor have any of the foregoing been asserted or alleged against such Grantor by any Person with respect thereto, except those which are being contested in accordance with the terms of the Transaction Documents, and as of the date hereof, there are no certificates, instruments, documents or other writings (other than the Organization Documents, Documents and certificates, instruments or other documents, if any, delivered to the Agent) which evidence any Pledged Interests Securities of such Grantor.

Appears in 1 contract

Samples: Security Agreement (Body Central Corp)

Defaults, etc. Such Grantor is not in default in the payment of any portion of any mandatory capital contribution, if any, required to be made under any agreement to which such Grantor is a party relating to the Pledged Interests Securities pledged by it, and such Grantor is not in violation in any material respect of any other provisions of any such agreement to which such Grantor is a party, or otherwise in default or violation in any material respect thereunder. No To such Grantor’s knowledge, no Securities Collateral pledged by such Grantor is subject to any defense, offset or counterclaim, nor have any of the foregoing been asserted or alleged against such Grantor by any Person with respect thereto, and as of the date hereof, there are no certificates, instruments, documents or other writings (other than the Organization Documents, certificates, instruments or other documents, if any, certificates delivered to the Term Loan Agent) which evidence any Pledged Interests Securities of such Grantor.

Appears in 1 contract

Samples: Security Agreement (FDO Holdings, Inc.)

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Defaults, etc. Such Grantor is not in default in the payment of any portion of any mandatory capital contribution, if any, required to be made under any agreement to which such Grantor is a party relating to the Pledged Interests Securities pledged by it, and such Grantor is not in violation in any material respect of any other provisions of any such agreement to which such Grantor is a party, or otherwise in default or violation in any material respect thereunder. No As of the date hereof, no Securities Collateral pledged by such Grantor is subject to any defense, offset or counterclaim, nor have any of the foregoing been asserted or alleged against such Grantor by any Person with respect thereto, and as of the date hereof, there are no certificates, instruments, documents or other writings (other than the Organization Documents, Documents and certificates, instruments or other documents, if any, delivered to the AgentLender) which evidence any Pledged Interests Securities of such Grantor.

Appears in 1 contract

Samples: Security Agreement (Christopher & Banks Corp)

Defaults, etc. Such Grantor is not in default in the payment of any portion of any mandatory capital contribution, if any, required to be made under any agreement to which such Grantor is a party relating to the Pledged Interests Securities pledged by it, and such Grantor is not in violation in any material respect of any other provisions of any such agreement to which such Grantor is a party, or otherwise in default or violation in any material respect thereunder. No To such Grantor’s knowledge, no Securities Collateral pledged by such Grantor is subject to any defense, offset or counterclaim, nor have any of the foregoing been asserted or alleged against such Grantor by any Person with respect thereto, and as of the date hereof, there are no certificates, instruments, documents or other writings (other than the Organization Documents, certificates, instruments or other documents, if any, certificates delivered to the Term Loan B Agent) which evidence any Pledged Interests Securities of such Grantor.

Appears in 1 contract

Samples: Security Agreement (FDO Holdings, Inc.)

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