Common use of Defaults; Material Adverse Effect Clause in Contracts

Defaults; Material Adverse Effect. No Default or Event of Default shall have occurred and be continuing on the date of any Term Loan or would result from making any Term Loan. No Material Adverse Effect shall have occurred and be continuing since January 28, 2006 or would result from making any Term Loan. The acceptance by the Borrower of the proceeds of a Term Loan shall be deemed to be a representation and warranty by the Borrower to the Agent and the Lenders to such effect.

Defaults; Material Adverse Effect. No Default or Event of Default shall have occurred and be continuing on the date of any the Term Loan or would result from making any the Term Loan. No Material Adverse Effect shall have occurred and be continuing since January 2831, 2006 2009 or would result from making any the Term Loan. The acceptance by the Borrower of the proceeds of a the Term Loan shall be deemed to be a representation and warranty by the Borrower to the Agent and the Lenders Lender to such effect.

Defaults; Material Adverse Effect. No Default or Event of Default shall have occurred and be continuing on the date of any Term Loan or would result from making any Term Loan. No Material Adverse Effect shall have occurred and be continuing since January 28February 2, 2006 2008 or would result from making any Term Loan. The acceptance by the Borrower of the proceeds of a Term Loan shall be deemed to be a representation and warranty by the Borrower to the Agent and the Lenders Lender to such effect.

Defaults; Material Adverse Effect. No Default or Event of Default shall have occurred and be continuing on the date of any the Term Loan or would result from making any the Term Loan. No Material Adverse Effect shall have occurred and be continuing since January 28February 2, 2006 2008 or would result from making any Term Loan. The acceptance by the Borrower of the proceeds of a the Term Loan shall be deemed to be a representation and warranty by the Borrower to the Agent and the Lenders Lender to such effect.