Common use of No Default; No Material Adverse Effect Clause in Contracts

No Default; No Material Adverse Effect. (a) No Event of Default or Unmatured Event of Default has occurred and is continuing or would result from any proposed Loan or Letter of Credit. (b) No event or development has occurred which could reasonably be expected to result in a Material Adverse Effect with respect to the Loan Parties, taken as a whole.

Appears in 9 contracts

Samples: Credit Agreement (Ares Commercial Real Estate Corp), Credit Agreement (Ares Commercial Real Estate Corp), Credit Agreement (Ares Commercial Real Estate Corp)

AutoNDA by SimpleDocs

No Default; No Material Adverse Effect. (a) No Event of Default or Unmatured Event of Default has occurred and is continuing or would result from any proposed Loan or Letter of CreditLoan. (b) No Material Adverse Effect has occurred since December 31, 2012, and no event or development has occurred which could reasonably be expected to result in a Material Adverse Effect with respect to the Loan Parties, taken as a wholeEffect.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Silvercrest Asset Management Group Inc.), Credit Agreement (Silvercrest Asset Management Group Inc.), Credit Agreement (Silvercrest Asset Management Group Inc.)

No Default; No Material Adverse Effect. (a) No Event of Default or Unmatured Event of Default has occurred and is continuing or would immediately result from any proposed Loan or Letter of CreditLoan. (b) No event or development has occurred since September 30, 2020, which could reasonably be expected to result in a Material Adverse Effect with respect to the Loan Parties, taken as a wholeEffect.

Appears in 2 contracts

Samples: Credit Agreement (Kayne DL 2021, Inc.), Credit Agreement (Kayne Anderson BDC, Inc.)

No Default; No Material Adverse Effect. (a) No Event of Default or Unmatured Event of Default has occurred and is continuing or would result from any proposed Loan or Letter of Credit. (b) No Since December 31, 2020, no event or development has occurred which could reasonably be expected to result in a Material Adverse Effect with respect to the Loan Parties, taken as a wholeEffect.

Appears in 2 contracts

Samples: Increase Joinder and First Amendment (P10, Inc.), Credit Agreement (P10, Inc.)

AutoNDA by SimpleDocs

No Default; No Material Adverse Effect. (a) No Event of Default or Unmatured Event of Default has occurred and is continuing or would result from any proposed Loan or Letter of Credit. (b) No Since December 31, 2023, no event or development has occurred which could reasonably be expected to result in a Material Adverse Effect with respect to the Loan Parties, taken as a wholeEffect.

Appears in 1 contract

Samples: Credit Agreement (P10, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!