No Default or Event. of Default shall exist at the time of, and would not result from the funding of, any requested Loan, and no event shall have occurred and no condition shall exist since the Petition Date that has had or could reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Post Petition Loan and Security Agreement (Drypers Corp), Loan and Security Agreement (Cmi Industries Inc)
No Default or Event. of Default shall exist at the time of, and would not result from the funding of, any requested Loan, and no event shall have occurred and no condition shall exist since the Petition Effective Date that has had or could reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Loan and Security Agreement (Health Systems Solutions Inc), Loan and Security Agreement (Health Systems Solutions Inc)
No Default or Event. of Default shall exist at the time of, and would not result from in the funding of, any requested Revolver Loan, and no event shall have occurred and no condition shall exist since the Petition Date that has had or could reasonably be expected to have a Material Adverse Effect.Effect on the business, financial conditions or operations of Borrower or the value, quantity or quality of any Collateral;
Appears in 1 contract
Samples: Loan and Security Agreement (Gulf States Steel Inc /Al/)
