Meeting Financial Obligations; Material Adverse Change Sample Clauses

Meeting Financial Obligations; Material Adverse Change. Buyer and any member of Buyer are meeting their respective current liabilities as they mature; no federal or state tax liens have been filed against any of them; and neither Buyer nor any member of Buyer is in default or claimed default under any agreement for borrowed money. Buyer shall, within three (3) business days, notify the TJPA of any material adverse change in the financial condition of Buyer or any member of Buyer that would prevent performance of Buyer’s obligations under this Agreement.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Meeting Financial Obligations; Material Adverse Change. Developer is meeting its current liabilities as they mature; to Developer’s actual knowledge, no federal or state tax liens have been filed against it; and Developer is not in default or claimed default under any agreement for borrowed money. Developer shall during the Term of this ENA promptly notify City of any material, adverse change in its financial condition, and such material, adverse change shall constitute a default under this ENA if the material, adverse change in its financial condition materially affects Developer’s ability to meet its obligations under this ENA.
Sample 1
Meeting Financial Obligations; Material Adverse Change. Developer and its members are meeting their current liabilities as they mature; no federal or state tax liens have been filed against them; and Developer and its members are not in default or claimed default under any agreement for borrowed money. Developer shall during the Term of this Agreement immediately notify OCII of any material adverse change in the financial condition of itself and its members and such material adverse change shall constitute a Developer Event of Default under this Agreement if the material adverse change in the financial condition of itself and its members materially affects the Developer’s ability to meet its obligations under this Agreement.
Sample 1
Meeting Financial Obligations; Material Adverse Change. Developer and its members are meeting their current liabilities as they mature; no federal or state tax liens have been filed against them; and each Developer and its members are not in default or claimed default under any agreement for borrowed money. Developer shall during the Term of this Agreement immediately notify the Successor Agency of any material adverse change in the financial condition of itself and its members and such material adverse change shall constitute a Developer Event of Default under this Agreement if the material adverse change in the financial condition of itself and its members materially affects the Developer’s ability to meet its obligations under this Agreement, subject to the cure and remedy provisions of Section 17.A(c).
Sample 1
Meeting Financial Obligations; Material Adverse Change. Each of Lead Developer and Affordable Developer and its members are meeting their current liabilities as they mature; no federal or state tax liens have been filed against them; and each of Lead Developer and Affordable Developer and its members are not in default or claimed default under any agreement for borrowed money. Each of Lead Developer and Affordable Developer shall during the Term of this Agreement immediately notify the Successor Agency of any material adverse change in the financial condition of itself and its members and such material adverse change shall constitute a default under this Agreement if the material adverse change in the financial condition of itself and its members materially affects the Developer’s ability to meet its obligations under this Agreement, subject to the cure and remedy provisions of Section 17.A(e).
Sample 1

Related to Meeting Financial Obligations; Material Adverse Change

  • Material Adverse Change A Material Adverse Change occurs;

  • No Material Adverse Change No event or condition of a type described in Section 3(h) hereof shall have occurred or shall exist, which event or condition is not described in the Pricing Disclosure Package (excluding any amendment or supplement thereto) and the Prospectus (excluding any amendment or supplement thereto) and the effect of which in the judgment of the Representatives makes it impracticable or inadvisable to proceed with the offering, sale or delivery of the Shares on the Closing Date or the Additional Closing Date, as the case may be, on the terms and in the manner contemplated by this Agreement, the Pricing Disclosure Package and the Prospectus.

  • No Company Material Adverse Effect Since the date of this Agreement, there shall not have occurred any Company Material Adverse Effect.

  • No Material Adverse Effect Since the date of this Agreement, there shall not have occurred any Material Adverse Effect.

  • Material Adverse Effect The occurrence of any event or condition that has had, or could reasonably be expected to have, a Material Adverse Effect.

  • Financial Obligation While this contract is in effect, the student is required to meet the financial obligations of this contract. Housing fees are charged through the Account Services Office. Students must pay their accounts per the policies of that office.

  • No Adverse Change Any adverse change in the financial condition, assets, liabilities, business, prospects or operations of Company;

  • FINANCIAL OBLIGATIONS There will be no transfer of funds between the Parties under this Agreement and each Party will fund its own participation. All activities under or pursuant to this Agreement are subject to the availability of funds, and no provision of this Agreement shall be interpreted to require obligation or payment of funds in violation of the Anti-Deficiency Act, (31 U.S.C. § 1341).

  • Reports of unusual occurrence The Contractor shall, during the Maintenance Period, prior to the close of each day, send to the Authority and the Authority’s Engineer, by facsimile or e- mail, a report stating accidents and unusual occurrences on the Project Highway relating to the safety and security of the Users and Project Highway. A monthly summary of such reports shall also be sent within 3 (three) business days of the closing of month. For the purposes of this Clause 15.4, accidents and unusual occurrences on the Project Highway shall include:

Time is Money Join Law Insider Premium to draft better contracts faster.