Common use of No Defaults Under Agreements Clause in Contracts

No Defaults Under Agreements. The Offeror is not in default, nor is there any event in existence which, with notice or the passage of time or both, would constitute a default by the Offeror under any indenture, mortgage, deed of trust, lease, loan agreement, license, security agreement, contract, governmental license or permit or other agreement or instrument to which it is a party or by which any of its properties are bound and which default would materially and adversely affect the Offeror’s ability to perform its obligations under this Contract.

Appears in 12 contracts

Samples: www.tdcj.texas.gov, www.tdcj.texas.gov, www.tdcj.texas.gov

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