No Default Under Agreements. The Borrower is not in default under any agreement or instrument to which it is a party and which default may materially adversely affect its ability to observe and perform its covenants under this Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Hybrid Technologies Inc.), Loan Agreement (Hybrid Technologies Inc.)
No Default Under Agreements. The Borrower is not in default under any agreement or instrument to which it is a party and which default may materially adversely affect its ability to observe and perform its covenants under this Agreement.. (except as disclosed in the latest 10Q filed on June 14, 2011)
Appears in 1 contract
Samples: Loan Agreement (Li-Ion Motors Corp.)
No Default Under Agreements. The Borrower is not in default under any agreement or instrument to which it is a party and which default may materially adversely affect its ability to observe and perform its covenants under this Agreement.. (except as disclosed in the latest 10Q filed on March 22, 2010)
Appears in 1 contract
Samples: Loan Agreement (Li-on Motors Corp.)
