Common use of Defaults Under Other Documents Clause in Contracts

Defaults Under Other Documents. Neither the Borrower nor any Subsidiary is in default or in violation (nor has any event occurred which, with notice or lapse of time or both, would constitute a default or violation) under any document or any agreement or instrument to which it may be a party or under which it or any of its properties may be bound, the result of which would have a material adverse effect upon the Borrower's ability to perform its obligations under its Operative Documents or a Subsidiary's ability to pay dividends to the Borrower.

Defaults Under Other Documents. Neither the Borrower nor any Subsidiary is in default or in violation (nor has any event occurred which, with notice or lapse of time or both, would constitute a default or violation) under any document or any agreement or instrument to which it may be a party or under which it or any of its properties may be bound, bound and the result of which would have a material adverse effect upon the Borrower's ability to perform its obligations under its Operative Documents or a Subsidiary's ability to pay dividends to the BorrowerDocuments.

Defaults Under Other Documents. Neither the Borrower nor any Subsidiary is in default or in violation (nor has any event occurred which, with notice or lapse of time or both, would constitute a default or violation) under any document or any agreement Agreement or instrument to which it may be a party or under which it or any of its properties may be bound, bound and the result of which would have a material adverse effect upon the Borrower's ability to perform its obligations under its Operative Documents or a Subsidiary's ability to pay dividends to the BorrowerDocuments.

Defaults Under Other Documents. Neither the Borrower nor any Subsidiary Sub- sidiary is in default or in violation (nor has any event occurred which, with notice or lapse of time or both, would constitute a default or violation) under any document or any agreement or instrument to which it may be a party or under which it or any of its properties may be bound, bound and the result of which would have a material adverse effect upon the Borrower's ability to perform its obligations under its Operative Documents or a Subsidiary's ability to pay dividends to the BorrowerDocuments.