LACK OF DEFAULT. There shall not exist at the time of any Advance a condition which would constitute an Event of Default under this Agreement.
Appears in 8 contracts
Samples: Construction and Term Loan Agreement, Construction Loan Agreement, Construction Loan Agreement (Consep Inc)
LACK OF DEFAULT. There shall not exist at the time of any Advance a condition which would constitute an Event of a Default under this Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Seabulk International Inc), Loan Agreement (Seabulk International Inc)
