Common use of No Defaults on Other Agreements Clause in Contracts

No Defaults on Other Agreements. No Borrower is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any agreement or instrument to which it is a party, except for any such default that could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Revolving Credit and Security Agreement (Marlton Technologies Inc), Credit and Security Agreement (Marlton Technologies Inc)

AutoNDA by SimpleDocs

No Defaults on Other Agreements. No Borrower is in default in the performance, observance or fulfillment of any of the material obligations, covenants or conditions contained in any agreement or instrument to which it is a party, except for any such default that could party which has not reasonably be expected to been waived in writing or cured which would have a Material Adverse Effectmaterial adverse effect on a Borrower or any Loan Document.

Appears in 1 contract

Samples: Loan and Security Agreement (Teardrop Golf Co)

No Defaults on Other Agreements. No The Borrower is not in default in any respect in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any material agreement or instrument to which it is a party, except for any such which default that could not reasonably be expected anticipated to have a Material Adverse Effect. Section 5.8.

Appears in 1 contract

Samples: Credit Agreement

No Defaults on Other Agreements. No Borrower is in default in the performance, observance or fulfillment of any of the material obligations, covenants or conditions contained in any agreement or instrument to which it is a party, except for any such default that could party which has not reasonably be expected to been waived in writing or cured which would have a Material Adverse Effectmaterial adverse effect on the financial condition or operations of a Borrower or any Loan Document.

Appears in 1 contract

Samples: Loan and Security Agreement (Congoleum Corp)

AutoNDA by SimpleDocs

No Defaults on Other Agreements. No The Borrower is not in default in any respect in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any material agreement or instrument to which it is a party, except for any such which default that could not reasonably be expected anticipated to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Sturm Ruger & Co Inc)

No Defaults on Other Agreements. No Neither the Borrower nor any of its Subsidiaries is in default in any respect in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any agreement or instrument material to its business to which it is a party, except for any where such default that could is not reasonably be expected likely to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Performance Technologies Inc \De\)

Time is Money Join Law Insider Premium to draft better contracts faster.