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 and the result of which would have a material adverse effect upon the Borrower's ability to perform its obligations under its Operative Documents.
Appears in 3 contracts
Samples: 1998 Revolving Credit Agreement (Data Transmission Network Corp), 1997 Revolving Credit Agreement (Data Transmission Network Corp), 1996 Revolving Credit Agreement (Data Transmission Network Corp)
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 and bound, the result of which would have a material adverse effect upon the Borrower's ability to perform its obligations under its Operative DocumentsDocuments or a Subsidiary's ability to pay dividends to the Borrower.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Ameritrade Holding Corp), Revolving Credit Agreement (Ameritrade Holding Corp), Revolving Credit Agreement (Ameritrade Holding Corp)
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 and the result of which would have a material adverse effect upon the Borrower's ability to perform its obligations under its Operative Documents.
Appears in 2 contracts
Samples: 1998 Term Credit Agreement (Data Transmission Network Corp), 1997 Term Credit Agreement (Data Transmission Network Corp)
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 and the result of which would have a material adverse effect upon the Borrower's ability to perform its obligations under its Operative Documents.
Appears in 1 contract
Samples: Term Credit Agreement (Data Transmission Network Corp)
