Common use of EVENTS OF DEFAULT BY THE COMPANY Clause in Contracts

EVENTS OF DEFAULT BY THE COMPANY. Any one or more of the following occurrences shall constitute an Event of Default by the Company under this Agreement: A. The Company’s violation of or noncompliance with any of its covenants set forth in Section IV. B. Any of the Company’s representations and warranties set forth in Section V or otherwise herein or in the Company’s Applications or submissions to the Department was at the time of execution of this Agreement, or is at any time during the term of this Agreement, false or misleading in any material respect. C. The Company’s failure to comply with any of the conditions set forth in Section VI. D. The Company’s breach of any other terms or conditions of this Agreement. E. The Company’s default under any other grant, loan or other agreement with the State of Illinois or any governmental entity in the State of Illinois. F. The institution of any bankruptcy, foreclosure, receivership, assignment for the benefit of creditors or any other proceedings indicating that the Company may be insolvent or unable to continue as a going concern.

Appears in 21 contracts

Samples: Edge Tax Credit Agreement, Edge Tax Credit Agreement, Edge Tax Credit Agreement

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EVENTS OF DEFAULT BY THE COMPANY. Any one or more of the following occurrences shall constitute an Event of Default by the Company under this Agreement: A. The Company’s violation of or noncompliance with any of its covenants set forth in Section IV. B. Any of the Company’s representations and warranties set forth in Section V or otherwise herein or in the Company’s Applications or submissions to the Department was at the time of execution of this Agreement, or is at any time during the term of this Agreement, false or misleading in any material respect. C. The Company’s failure to comply with any of the conditions set forth in Section VI. D. The Company’s breach of any other terms or conditions of this Agreement. E. D. The Company’s default under any other grant, loan or other agreement with the State of Illinois or any governmental entity in the State of Illinois. F. E. The institution of any bankruptcy, foreclosure, receivership, assignment for the benefit of creditors or any other proceedings indicating that the Company may be insolvent or unable to continue as a going concern.

Appears in 14 contracts

Samples: Edge Tax Credit Agreement, Micro Tax Credit Agreement, Edge Tax Credit Agreement

EVENTS OF DEFAULT BY THE COMPANY. Any one or more of the following occurrences shall constitute an Event of Default by the Company under this Agreement: A. The Company’s violation of or noncompliance with any of its covenants set forth in Section IV. B. Any of the Company’s representations and warranties set forth in Section V or otherwise herein or in the Company’s Applications or submissions to the Department was at the time of execution of this Agreement, or is at any time during the term of this Agreement, false or misleading in any material respect. C. The Company’s failure to comply with any of the conditions set forth in Section VI. D. The Company’s breach of any other terms or conditions of this Agreement.Agreement.‌ E. The Company’s default under any other grant, loan or other agreement with the State of Illinois or any governmental entity in the State of Illinois. F. The institution of any bankruptcy, foreclosure, receivership, assignment for the benefit of creditors or any other proceedings indicating that the Company may be insolvent or unable to continue as a going concern.concern.‌

Appears in 7 contracts

Samples: Edge Tax Credit Agreement, Edge Tax Credit Agreement, Edge Tax Credit Agreement

EVENTS OF DEFAULT BY THE COMPANY. Any one or more of the following occurrences shall constitute an Event of Default by the Company under this Agreement: A. The Company’s violation of or noncompliance with any of its covenants set forth in Section IV. B. Any of the Company’s representations and warranties set forth in Section V or otherwise herein or in the Company’s Applications or submissions to the Department was at the time of execution of this Agreement, or is at any time during the term of this Agreement, false or misleading in any material respect.respect.‌ C. The Company’s failure to comply with any of the conditions set forth in Section VI. D. The Company’s breach of any other terms or conditions of this Agreement. E. D. The Company’s default under any other grant, loan or other agreement with the State of Illinois or any governmental entity in the State of Illinois. F. E. The institution of any bankruptcy, foreclosure, receivership, assignment for the benefit of creditors or any other proceedings indicating that the Company may be insolvent or unable to continue as a going concern.

Appears in 4 contracts

Samples: Edge Tax Credit Agreement, Edge Tax Credit Agreement, Edge Tax Credit Agreement

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EVENTS OF DEFAULT BY THE COMPANY. Any one or more of the following occurrences shall constitute an Event of Default by the Company under this Agreement: A. The Company’s violation of or noncompliance with any of its covenants set forth in Section IV. B. Any of the Company’s representations and warranties set forth in Section V or otherwise herein or in the Company’s Applications or submissions to the Department was at the time of execution of this Agreement, or is at any time during the term of this Agreement, false or misleading in any material respect. C. The Company’s failure to comply with any of the conditions set forth in Section VI. D. The Company’s breach of any other terms or conditions of this Agreement. E. D. The Company’s default under any other grant, loan or other agreement with the State of Illinois or any governmental entity in the State of Illinois.Illinois.‌ F. E. The institution of any bankruptcy, foreclosure, receivership, assignment for the benefit of creditors or any other proceedings indicating that the Company may be insolvent or unable to continue as a going concern.

Appears in 3 contracts

Samples: Edge Tax Credit Agreement, Edge Tax Credit Agreement, Edge Tax Credit Agreement

EVENTS OF DEFAULT BY THE COMPANY. Any one or more of the following occurrences shall constitute an Event of Default by the Company under this Agreement: A. The Company’s violation of or noncompliance with any of its covenants set forth in Section IV.IV.‌ B. Any of the Company’s representations and warranties set forth in Section V or otherwise herein or in the Company’s Applications or submissions to the Department was at the time of execution of this Agreement, or is at any time during the term of this Agreement, false or misleading in any material respect. C. The Company’s failure to comply with any of the conditions set forth in Section VI.VI.‌ D. The Company’s breach of any other terms or conditions of this Agreement. E. The Company’s default under any other grant, loan or other agreement with the State of Illinois or any governmental entity in the State of Illinois. F. The institution of any bankruptcy, foreclosure, receivership, assignment for the benefit of creditors or any other proceedings indicating that the Company may be insolvent or unable to continue as a going concern.concern.‌

Appears in 1 contract

Samples: Edge Tax Credit Agreement

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