Common use of No Defaults or Events of Default Clause in Contracts

No Defaults or Events of Default. No event shall have occurred on or prior to such date and be continuing on such date, and no condition shall exist on such date, which constitutes a DEFAULT or EVENT OF DEFAULT.

Appears in 7 contracts

Samples: Loan and Security Agreement (Avatech Solutions Inc), Credit Agreement (Dover Motorsports Inc), Loan and Security Agreement (Avatech Solutions Inc)

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No Defaults or Events of Default. No event shall have occurred on or prior to such date and be continuing on such date, and no condition shall exist on such date, date which constitutes a DEFAULT or EVENT OF DEFAULT.

Appears in 2 contracts

Samples: Loan and Security Agreement (Martek Biosciences Corp), Loan and Security Agreement (Martek Biosciences Corp)

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