No Defaults on Outstanding Judgments or Orders. The Borrower and its Subsidiaries have satisfied all material judgments, and neither the Borrower nor any Subsidiary is in default with respect to any judgment, writ, injunction, decree, rule, or regulation of any court, arbitrator, federal, state, municipal, or other governmental authority, commission, board, bureau, agency, or instrumentality, domestic or foreign, which default shall materially and adversely affect the business or properties of Borrower and its Subsidiaries.
Appears in 4 contracts
Samples: Term Loan Agreement (Community Bankshares Inc /Ga/), Stock Pledge and Security Agreement (Community Bankshares Inc /Ga/), Term Loan Agreement (Community Bankshares Inc /Ga/)
No Defaults on Outstanding Judgments or Orders. The Borrower and its Subsidiaries have has satisfied all material judgments, judgments and neither the Borrower nor any Subsidiary of its Subsidiaries is in default with respect to any judgment, writ, injunction, decree, rule, rule or regulation of any court, arbitrator, arbitrator or federal, state, municipal, municipal or other governmental authority, commission, board, bureau, agency, agency or instrumentality, domestic or foreign, which default shall materially and adversely affect the business or properties of Borrower and its Subsidiaries.
Appears in 3 contracts
Samples: Revolving Credit and Term Loan Agreement (Hardinge Inc), Credit and Term Loan Agreement (Hardinge Inc), Security Agreement (Hardinge Inc)
No Defaults on Outstanding Judgments or Orders. The Borrower and its Subsidiaries have satisfied all material judgments, judgments and neither the Borrower nor any Subsidiary is in default with respect to any judgment, writ, injunction, decree, rule, or regulation of any court, arbitrator, or federal, state, municipal, or other governmental authority, commission, board, bureau, agency, agency or instrumentality, domestic or foreign, which default shall materially and adversely affect the business or properties of Borrower and its Subsidiaries.
Appears in 2 contracts
Samples: Revolving Loan Agreement (Surgical Laser Technologies Inc /De/), Revolving Loan Agreement (Photomedex Inc)
No Defaults on Outstanding Judgments or Orders. The Borrower and its Subsidiaries have satisfied all material judgments, and neither the Borrower nor any Subsidiary is in default with respect to any judgment, writ, injunction, decree, rule, or regulation of any court, arbitrator, or federal, state, municipal, or other governmental authority, commission, board, bureau, agency, or instrumentality, domestic or foreign, which default shall materially and adversely affect the business or properties of Borrower and its Subsidiaries.
Appears in 2 contracts
Samples: Credit Loan Agreement (Zevex International Inc), Credit Loan Agreement (Zevex International Inc)
No Defaults on Outstanding Judgments or Orders. The Borrower and its Subsidiaries have satisfied all material judgments, and and, to their knowledge, neither the Borrower nor any Subsidiary is in default with respect to any judgment, writ, injunction, decree, rule, or regulation of any court, arbitrator, or federal, state, municipal, or other governmental authority, commission, board, bureau, agency, or instrumentality, instrumentally domestic or foreign, which default shall materially and adversely affect the business or properties of Borrower and its Subsidiaries.
Appears in 2 contracts
Samples: Credit Agreement (Alliance Semiconductor Corp /De/), Credit Agreement (Alliance Semiconductor Corp /De/)
No Defaults on Outstanding Judgments or Orders. The Borrower and its ---------------------------------------------- Subsidiaries have satisfied all material judgments, and neither the Borrower nor any Subsidiary is in default with respect to any judgment, writ, injunction, decree, rule, or regulation of any court, arbitrator, or federal, state, municipal, or other governmental authority, commission, board, bureau, agency, or instrumentality, domestic or foreign, which where such default shall materially and adversely affect the business or properties of Borrower and its Subsidiariesis reasonably likely to cause a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Millitech Corp)
No Defaults on Outstanding Judgments or Orders. The Borrower and its Subsidiaries have satisfied all material judgments, final non-appealable judgments and neither the Borrower nor any Subsidiary is in default with respect to any judgment, writ, injunction, decree, rule, or regulation of any court, arbitrator, or federal, state, municipal, or other governmental authority, commission, board, bureau, agency, agency or instrumentality, domestic or foreign, which default shall materially and adversely affect the business or properties of Borrower and its Subsidiaries.
Appears in 1 contract
No Defaults on Outstanding Judgments or Orders. The Borrower and its Subsidiaries have satisfied all material judgments, and neither Neither the Borrower nor any Subsidiary is in default with respect to any judgment, writ, injunction, decree, rule, or regulation of any court, arbitrator, or federal, state, municipal, or other governmental authority, commission, board, bureau, agency, or instrumentality, domestic or foreign, which default shall materially and adversely affect the business or properties of Borrower and its Subsidiarieswould result in a Material Adverse Change.
Appears in 1 contract
Samples: Credit Agreement (Midway Games Inc)