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

No Default or Event of Default; No Material Adverse Effect. No Default or Event of Default shall have occurred and be continuing on, or shall result as a result of the transactions contemplated to occur on, the Closing Date. As of the Closing Date, no development, event or circumstance that has had or could reasonably be expected to have a Material Adverse Effect shall have occurred and be continuing, or shall result as a result of the transactions contemplated to occur on the Closing Date.

Appears in 3 contracts

Samples: Credit Agreement (Fuelcell Energy Inc), Credit and Guaranty Agreement (Tellurian Inc. /De/), Credit Agreement (Fuelcell Energy Inc)

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No Default or Event of Default; No Material Adverse Effect. No Default or Event of Default shall have occurred and be continuing on, or shall result as a result of the transactions contemplated to occur on, the Delayed Draw Closing Date. As of the Delayed Draw Closing Date, no development, event or circumstance that has had or could reasonably be expected to have a Material Adverse Effect shall have occurred and be continuing, or shall result as a result of the transactions contemplated to occur on the Delayed Draw Closing Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Tellurian Inc. /De/)

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