No Default or Trigger Event Sample Clauses

No Default or Trigger Event. No Default, Event of Default or Trigger Event shall have occurred and be continuing on such date or after giving effect to the extensions of credit requested to be made on such date. Each borrowing by and issuance of a Letter of Credit on behalf of the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date of such extension of credit that the conditions contained in this Section 5.2 have been satisfied.
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No Default or Trigger Event. No Default, Event of Default or Trigger Event shall have occurred and be continuing on the date or after giving effect to the effectiveness of the Amendment and the transactions contemplated thereby.
No Default or Trigger Event. (a) No Event of Default and on the Signing Date and the Initial Issue Date, no Default, is continuing or is reasonably likely to result from the entry into or performance of, any transaction contemplated by, any Finance Document.
No Default or Trigger Event. No Default with respect to a Reliant Event of Default, Default with respect to a Sleeve Provider Event of Default or Trigger Event shall have occurred and be continuing or would occur upon the Effective Date (and in connection therewith, the Sleeve Provider has run sample calculations with respect to Trigger Events during the period prior to the Effective Date at the request of and subject to receipt of applicable data from REPS).
No Default or Trigger Event. No Default, or Event of Default or Trigger Event shall have occurred and be continuing on such date or after giving effect to the extensions of credit requested to be made on such date.
No Default or Trigger Event. (a) No Default or Trigger Event is continuing or is reasonably likely to result from the entry into or performance of any transaction contemplated by any Borrower Finance Document.

Related to No Default or Trigger Event

  • Trigger Events The Employee shall be entitled to collect the severance benefits set forth in Subsection (b) hereof in the event that either (i) the Employee voluntarily terminates employment for any reason within the 30-day period beginning on the date of a Change in Control, (ii) the Employee voluntarily terminates employment within 90 days of an event that both occurs during the Protected Period and constitutes Good Reason, or (iii) the Bank or the Company or their successor(s) in interest terminate the Employee's employment without his written consent and for any reason other than Just Cause during the Protected Period.

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