Common use of No Default under the Credit Agreement Clause in Contracts

No Default under the Credit Agreement. As of the date hereof, (i) no Potential Event of Default or Event of Default (each as defined in the Credit Agreement) under the Credit Agreement has occurred and is continuing, and (ii) the Company is able to satisfy the conditions to borrowing thereunder to permit the Company to borrow at least $1 of additional debt thereunder pursuant to the terms thereto on the date hereof.