Common use of No Defaults or Restrictions Clause in Contracts

No Defaults or Restrictions. There is no declared default under any agreement or instrument that caused or would cause a material adverse effect on the business, properties, and financial operations or condition of Guarantor.

Appears in 3 contracts

Samples: Guaranty of Payment and Performance (Balanced Care Corp), Guaranty of Payment and Performance (Balanced Care Corp), Guaranty of Payment and Performance (Balanced Care Corp)

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No Defaults or Restrictions. There is no declared default under any agreement or instrument that caused causes or would cause a material adverse effect on the business, properties, and or financial operations or condition of the Guarantor.

Appears in 3 contracts

Samples: Guaranty Agreement (Medcath Corp), Guaranty Agreement (Medcath Inc), Guaranty Agreement (Medcath Corp)

No Defaults or Restrictions. There is no declared default under any agreement or instrument nor does there exist any restriction in the organizational documents of the Guarantor that caused causes or would cause a material adverse effect on the business, properties, and financial operations or condition condition, financial or otherwise, of Guarantor.

Appears in 1 contract

Samples: Lease Guaranty Agreement (Centennial Healthcare Corp)

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No Defaults or Restrictions. There is no declared default under any agreement or instrument that caused causes or would cause a material adverse effect on the business, properties, and or financial operations or condition of Guarantor.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cornerstone Therapeutics Inc)

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