No Default; No Event of Default Sample Clauses

No Default; No Event of Default. There exists no Event of Default nor any event that, had the Original Notes already been issued, would constitute a Default or an Event of Default.
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No Default; No Event of Default. Borrower is not in default under or with respect to any of its Contractual Obligations in any respect which could have a material adverse effect on the business, operations, properties, assets, condition or prospects, financial or otherwise, of Borrower, or on the ability of Borrower to perform its obligations hereunder or under the other Facility Agreements. No Event of Default or Unmatured Event of Default has occurred or is continuing.
No Default; No Event of Default. (i) No Event of Default and, on the date of this Agreement and the date of each Notice of Availment, no Default is continuing or is reasonably likely to result from the making of any Advance or the entry into, the performance of, or any transaction contemplated by, any Finance Document.
No Default; No Event of Default. The Company is not in default under or with respect to any of its Contractual Obligations. No Event of Default has occurred and is continuing.
No Default; No Event of Default. FirstCity Financial is not in default under or with respect to any of its Contractual Obligations in any respect which could have a material adverse effect on the business, operations, properties, assets, condition or prospects, financial or otherwise, of FirstCity Financial or on the ability of FirstCity Financial to perform its obligations hereunder.
No Default; No Event of Default. Recco is not in default under or with respect to any of its Contractual Obligations in any respect which could have a material adverse effect on the business, operations, properties, assets, or condition, financial or otherwise, of Recco, or on the ability of Recco to perform its obligations hereunder or under the other Operative Documents. No Event of Default or Unmatured Event of Default has occurred and is continuing.
No Default; No Event of Default or to such Borrower’s knowledge, Default, has occurred and is continuing. No Credit Party is in breach or default under or with respect to any contract, agreement, lease or other instrument to which it is a party or by which its property is bound or affected, which breach or default could reasonably be expected to have a Material Adverse Change.
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No Default; No Event of Default. As of the Closing Date, after giving effect to such Term Loan and the other transactions contemplated hereby, no event shall have occurred and be continuing or would result from the consummation of the applicable Credit Extension that would constitute an Event of Default or a Default;
No Default; No Event of Default. NAF Corp. is not in default under or with respect to any of its Contractual Obligations in any respect which could have a material adverse effect on the business, operations, properties, assets, condition or prospects, financial or otherwise, of NAF Corp., or on the ability of NAF Corp. to perform its obligations hereunder or under the other Facility Agreements. No Event of Default or Unmatured Event of Default has occurred or is continuing.
No Default; No Event of Default. FirstCity Consumer is not in default under or with respect to any of its Contractual Obligations in any respect which could have a material adverse effect on the business, operations, properties, assets, condition or prospects, financial or otherwise, of FirstCity Consumer, or on the ability of FirstCity Consumer to perform its obligations hereunder or under the other Facility Agreements. No Event of Default or Unmatured Event of Default has occurred or is continuing.
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