No Defaults Under Material Agreements Sample Clauses

No Defaults Under Material Agreements. Neither the Borrower nor any Principal Subsidiary is in default (a) under any material agreement by which it is bound or (b) in respect of any financial commitment or actual or contingent obligation (including obligations under guarantees), except, in each case, to the extent that such default would not have a Material Adverse Effect.
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No Defaults Under Material Agreements. Except as listed on Schedule 5.33, with respect to each Material Agreement, no material default by any Loan Party or event which with the giving of notice or the passage of time would be a material default has occurred and, to the knowledge of the Loan Parties, the other party or parties thereto are not in material default thereunder, and each Loan Party, as applicable, has fully and timely performed all its material obligations thereunder. Except as listed on Schedule 5.33, the right, title and interest of such Loan Party thereunder is not subject to any set off or counterclaim or, to the best knowledge of the Loan Parties, any defense or claim, and none of the foregoing been asserted or alleged against such Loan Party. The amount represented by each Loan Party, on behalf of itself, to the Lender, from time to time as owing with respect to any Material Agreement will at such time be the correct amount in all material respects actually owing by such account debtors thereunder.
Sample 1Sample 2
No Defaults Under Material Agreements. The Administrative Agent ------------------------------------- shall have received a certificate, dated the Closing Date and signed by the President, a Vice President or a Financial Officer of the Borrower, stating that no event of default, or event or condition that, upon notice, lapse or time or both would, unless cured or waived, become an event of default, has occurred and is continuing under any of the Material Agreements.
Sample 1
No Defaults Under Material Agreements. Except as listed on Schedule 4.2(k), with respect to each Material Agreement, no material default by any Loan Party or Expanded Property Owner or event which with the giving of notice or the passage of time would be a material default has occurred and, to the knowledge of the Loan Parties and the Expanded Property Owners, the other party or parties thereto are not in material default thereunder, and each Loan Party and Expanded Property Owner, as applicable, has fully and timely performed all its material obligations thereunder. The right, title and interest of such Loan Party or Expanded Property Owner thereunder is not subject to any set off or counterclaim or, to the best knowledge of the Loan Parties and the Expanded Property Owners, any defense or claim, and none of the foregoing have been asserted or alleged against such Loan Party or Expanded Property Owner. The amount represented by each Loan Party, on behalf of itself and on behalf of the Expanded Property Owners, to the Lender, from time to time as owing with respect to any Material Agreement will at such time be the correct amount in all material respects actually owing by such account debtors thereunder.................................31 5.35
Sample 1
No Defaults Under Material Agreements. Except as listed on Schedule 5.33, with respect to each Material Agreement, no material default by any Loan Party or the Property Owner or event which with the giving of notice or the passage of time would be a material default has occurred and, to the knowledge of the Loan Parties, the other party or parties thereto are not in material default thereunder, and each Loan Party and the Property Owner, as applicable, has fully and timely performed all its material obligations thereunder. Except as listed on Schedule 5.33, the right, title and interest of such Loan Party or the Property Owner thereunder is not subject to any set off or counterclaim or, to the best knowledge of the Loan Parties, any defense or claim, and none of the foregoing been asserted or alleged against such Loan Party or the Property Owner. The amount represented by each Loan Party, on behalf of itself, to the Lender, from time to time as owing with respect to any Material Agreement will at such time be the correct amount in all material respects actually owing by such account debtors thereunder.
Sample 1
No Defaults Under Material Agreements. The Administrative Agent shall have received a certificate, dated such Subsequent Funding Date and signed by the President, a Vice President or a Financial Officer of the Borrower, stating that the Borrower has no actual knowledge that an event of default, or an event or a condition that, upon notice, lapse or time or both would, unless cured or waived, become an event of default, has occurred and is continuing under any of the Material Agreements. The Administrative Agent shall notify the Borrower and the Lenders of each Subsequent Funding Date, and such notice shall be conclusive and binding. Notwithstanding the foregoing, the obligations of the Bridge Lenders to make Bridge Loans and the Tranche A Revolving Lenders to make Tranche A Revolving Loans hereunder on any Subsequent Funding Date shall not be effective unless each of the foregoing conditions is satisfied (or waived pursuant to Section 9.02) on such Subsequent Funding Date (subject to the proviso to the introductory portion of this Section 4.03) and such Subsequent Funding Date occurs at or prior to 5:00 p.m., New York City time, on the last day of the applicable Availability Period (and, in the event such conditions are not so satisfied or waived or such Subsequent Funding Date does not occur at or prior to such time, the Bridge Commitments and the Tranche A Revolving Commitments shall, except to the extent then funded, terminate at such time).
Sample 1

Related to No Defaults Under Material Agreements

  • No Defaults; Violations No material default exists in the due performance and observance of any term, covenant or condition of any material license, contract, indenture, mortgage, deed of trust, note, loan or credit agreement, or any other agreement or instrument evidencing an obligation for borrowed money, or any other material agreement or instrument to which the Company is a party or by which the Company may be bound or to which any of the properties or assets of the Company is subject. The Company is not in violation of any term or provision of its Certificate of Incorporation or Bylaws or in violation of any material franchise, license, permit, applicable law, rule, regulation, judgment or decree of any governmental agency or court, domestic or foreign, having jurisdiction over the Company or any of its properties or businesses.

  • No Defaults or Events of Default (a) Since (the date of the last similar certification), and except as set forth in Appendix I, no Default or Event of Default has occurred.

  • Amendments to Material Agreements Such Obligor will not, and will not permit any of its Subsidiaries to, enter into any amendment to or modification of any Material Agreement or terminate any Material Agreement (unless replaced with another agreement that, viewed as a whole, is on better terms for Borrower or such Subsidiary) without in each case the prior written consent of the Lender (which consent shall not be unreasonably withheld or delayed).

  • Compliance with Material Agreements Borrower shall, and shall cause each of its Subsidiaries to, comply in all material respects with all Senior Documents, material agreements, indentures, mortgages or documents binding on it or affecting its properties or business.

  • Defaults Under Other Agreements The occurrence of a default or an event of default under any other financing arrangement pursuant to which such Seller Party is a debtor or an obligor.

  • No Defaults or Violations Neither the Company nor any subsidiary is in violation or default of (i) any provision of its charter or by-laws, (ii) the terms of any indenture, contract, lease, mortgage, deed of trust, note agreement, loan agreement or other agreement, obligation, condition, covenant or instrument to which it is a party or bound or to which its property is subject or (iii) any statute, law, rule, regulation, judgment, order or decree of any court, regulatory body, administrative agency, governmental body, arbitrator or other authority having jurisdiction over the Company or such subsidiary or any of its properties, as applicable, except any such violation or default which would not, singly or in the aggregate, result in a Material Adverse Change except as otherwise disclosed in the Prospectus.

  • No Defaults on Other Agreements Except as disclosed to the Bank Parties in writing or as disclosed in General Partner’s SEC Reports existing as of the date hereof, Borrower, to the best of its knowledge, is not a party to any indenture, loan or credit agreement or any lease or other agreement or instrument or subject to any partnership, trust or other restriction which is likely to result in a Material Adverse Change. To the best of its knowledge, 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 agreement or instrument which is likely to result in a Material Adverse Change.

  • Compliance with Material Contracts Each Credit Party shall, and shall cause each of its Subsidiaries to, perform and observe all the material terms and provisions of each Material Contract to be performed or observed by it, maintain each such Material Contract in full force and effect, enforce each such Material Contract in accordance with its terms, take all such action to such end as may be from time to time reasonably requested by the Administrative Agent and, upon the reasonable request of the Administrative Agent, make to each other party to each such Material Contract such demands and requests for information and reports or for action as any Credit Party is entitled to make under such Material Contract.

  • Material Contracts; No Defaults (a) The SPAC has filed as an exhibit to the SPAC SEC Reports all Contracts, including every “material contract” (as such term is defined in Item 601(b)(10) of Regulation S-K of the SEC) (other than confidentiality and non-disclosure agreements and this Agreement) to which, as of the date of this Agreement, SPAC is a party or by which any of its respective assets are bound.

  • Material Contracts; Defaults Except for those agreements and other documents filed as exhibits to its SEC Documents, neither it nor any of its Subsidiaries is a party to, bound by or subject to any agreement, contract, arrangement, commitment or understanding (whether written or oral) (i) that is a "material contract" within the meaning of Item 601(b)(10) of the SEC's Regulation S-K or (ii) that materially restricts the conduct of business by it or any of its Subsidiaries. Neither it nor any of its Subsidiaries is in default under any contract, agreement, commitment, arrangement, lease, insurance policy or other instrument to which it is a party, by which its respective assets, business, or operations may be bound or affected, or under which it or its respective assets, business, or operations receives benefits, and there has not occurred any event that, with the lapse of time or the giving of notice or both, would constitute such a default.

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