Defaults of Others Sample Clauses

Defaults of Others. Use its best efforts to cure or cause to ------------------ be cured all defaults of the Issuer or the Trustee under the Bond Documents, if economically practical and/or required in order to avoid an Event of Default under the Bonds.
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Defaults of Others. Providing services made necessary, without fault of ARCHITECT, by default of the Contractor(s); major defects or deficiencies of the Contractor (s) or failure of performance by the Contractor(s);
Defaults of Others. 6 Section 2.8 Litigation..............................................................................6
Defaults of Others. Neither OutPost nor any Principal Shareholder has received any notice, formal or otherwise, from any other party with whom OutPost has any material contractual arrangement of a failure to comply with or default (without regard to any requirement of notice or grace period or both) in the observance or performance of any material term, condition, or provision of any such contractual agreement which may affect the Assets.

Related to Defaults of Others

  • Financial Condition; Financial Statements (a) On and as of the Restatement Effective Date, on a pro forma basis after giving effect to the Transaction and to all Indebtedness (including the Loans) incurred, and to be incurred, and Liens created, and to be created, by each Credit Party in connection therewith, with respect to each Borrower (on a stand-alone basis), and each Borrower and its Subsidiaries (on a consolidated basis) (x) the sum of the assets, at a fair valuation, of each Borrower (on a stand-alone basis) and each Borrower and its Subsidiaries (on a consolidated basis) will exceed its or their debts, (y) it has or they have not incurred nor intended to, nor believes or believe that it or they will, incur debts beyond its or their ability to pay such debts as such debts mature and (z) it or they will have sufficient capital with which to conduct its or their business. For purposes of this Section 7.10(a), “debt” means any liability on a claim, and “claim” means (i) right to payment, whether or not such a right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured or unsecured or (ii) right to an equitable remedy for breach of performance if such breach gives rise to a payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, secured or unsecured. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.

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