Common use of No Event of Default; Compliance with Instruments Clause in Contracts

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential Default. Neither any Borrower nor any of their Subsidiaries is in violation of (i) any term of its certificate of incorporation, bylaws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 12 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc)

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No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Loan Documents which constitutes an Event of Default or Potential Default. Neither None of the Loan Parties or any Borrower nor Subsidiaries of any of their Subsidiaries Loan Party is in violation of (i) any term of its certificate of incorporation, bylaws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute could reasonably be expected to result in a Material Adverse Change.

Appears in 9 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Term Loan Credit Agreement (New Jersey Resources Corp)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential Default. Neither any the Borrower nor any of their its Subsidiaries is in violation of (i) any term of its certificate of incorporation, bylaws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 6 contracts

Samples: Credit Agreement (Triumph Group Inc), Credit Agreement (Triumph Group Inc /), Credit Agreement (Triumph Group Inc /)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Loan Documents which constitutes an Event of Default or Potential Default. Neither any Such Borrower nor any of their Subsidiaries is not in violation of (i) any term of its certificate or articles of incorporation, bylaws, memorandum of association or other organizational or constitutional documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound bound, in each such case where such violation would constitute a Material Adverse Change.

Appears in 4 contracts

Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD), Credit Agreement (Assured Guaranty LTD)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential a Default. Neither any the Borrower nor any of their its Subsidiaries is in violation of (i) any term of its certificate of incorporation, bylaws, by-laws or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 4 contracts

Samples: Pitt Des Moines Inc, Rti International Metals Inc, Rmi Titanium Co

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Loan Documents which constitutes an Event of Default or Potential Default. Neither any The Borrower nor any of their Subsidiaries is not in violation of (i) any term of its certificate of incorporation, bylaws, the Trust Agreement or other organizational documents or (ii) documents. The Borrower is not in violation of any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where bound, except to the extent such violation would not constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Moog Inc.), Credit Agreement (Moog Inc.)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Loan Documents which constitutes an Event of Default or Potential Default. Neither any Such Borrower nor any of their Subsidiaries is not in violation of (i) any term of its certificate or articles of incorporation, bylaws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Assured Guaranty LTD), Credit Agreement (Ace LTD)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential Default. Neither any Borrower nor any of their Subsidiaries No Loan Party is in violation of (i) any term of its certificate of incorporation, bylawsby-laws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Novacare Inc), Credit Agreement (Novacare Inc)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential Default. Neither any Borrower nor any None of their Subsidiaries the Loan Parties is in violation of (i) any term of its certificate of incorporation, bylaws, bylaws or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Zaring National Corp), Credit Agreement (Zaring National Corp)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential Default. Neither None of the Loan Parties or any Borrower nor Subsidiaries of any of their Subsidiaries Loan Party is in violation of (i) any term of its certificate of incorporation, bylaws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Suburban Lodges of America Inc)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Loan Documents which constitutes an Event of Default or Potential Default. Neither any Borrower nor any of their Subsidiaries is not in violation of (i) any term of its certificate or articles of incorporation, bylaws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Ace LTD)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Loan Documents which constitutes an Event of Default or Potential Default. Neither any Other than as set forth in Schedule 5.1.13, Borrower nor any of their Subsidiaries is not in violation of (i) any term of its certificate of incorporation, bylaws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would could reasonably be expected to constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Superconductor Technologies Inc)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Loan Documents which constitutes an Event of Default or Potential Default. Neither any No Borrower nor any of their Subsidiaries is in violation of (i) any term of its certificate of incorporation, bylaws, or other organizational documents or (ii) any material agreement Material Contract, lease or other instrument to which it is a party or by which it or any of its properties may be subject or bound where that in any such violation would constitute case alone or in the aggregate could reasonably be expected to have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Bridge Loan Agreement (Devcon International Corp)

No Event of Default; Compliance with Instruments. No ------------------------------------------------ event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential a Default. Neither any the Borrower nor any of their its Subsidiaries is in violation of (i) any term of its certificate of incorporation, bylaws, by-laws or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Mastech Corp)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Restatement Closing Date under the Loan Documents which constitutes an Event of Default or Potential Default. Neither any The Borrower nor any of their Subsidiaries is not in violation of (i) any term of its certificate of incorporation, bylaws, by-laws or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute be reasonably likely to have a Material Adverse ChangeEffect.

Appears in 1 contract

Samples: Credit Agreement (Cooper Tire & Rubber Co)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential Default. Neither any Borrower nor any of their Subsidiaries No Loan Party is in violation of (i) any term of its certificate of incorporation, bylaws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation which would cause or constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Integra Inc)

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No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Ninth Amendment Effective Date, or the Regency Merger Effective Date under the Loan Documents which constitutes an Event of Default or Potential Default. Neither any the Borrower nor any of their Subsidiaries Subsidiary is in violation of (i) any term of its certificate of incorporation, bylawsby-laws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Mariner Health Group Inc)

No Event of Default; Compliance with Instruments. No event has ------------------------------------------------ occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential a Default. Neither any No Borrower nor any of their Subsidiaries Subsidiary is in violation of (i) any term of its certificate of incorporation, bylaws, bylaws or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Spectrum Control Inc)

No Event of Default; Compliance with Instruments. No event has ------------------------------------------------ occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential a Default. Neither any the Borrower nor any of their its Subsidiaries is in violation of (i) any term of its certificate of incorporation, bylaws, by-laws or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Carbide Graphite Group Inc /De/)

No Event of Default; Compliance with Instruments. No event Default or Event of Default has occurred and is continuing and no condition exists continuing, or will occur or exist after giving effect to the borrowings extensions of credit to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential Default. Neither any Borrower nor pursuant to any of their Subsidiaries the Transaction Documents. The Borrower is not in violation of (i) any term of its certificate of incorporation, bylaws, certificate of limited partnership, partnership agreement, certificate of formation, limited liability company agreement or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute has resulted in or may be reasonably likely to result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit and Security Agreement (York Water Co)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential Default. Neither None of the Loan Parties or any Borrower nor Subsidiaries of any of their Subsidiaries Loan Party is in violation in any material respect of (i) any term of its certificate of incorporation, bylaws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Phymatrix Corp)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing continuing, and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Senior Loan Documents or after consummation of the Leavitt Acquisition, which constitutes an Event of Default or Potential DefaultPotentixx Xxxxult. Neither any Borrower nor any Each of their the Loan Parties and its Subsidiaries is not in violation of (i) any term of its certificate of incorporation, bylaws, or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound bound, where such violation would constitute is likely to result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Chase Industries Inc)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Loan Documents which constitutes an Event of Default or Potential Default. Neither any The Borrower nor any of their Subsidiaries is not in violation of (i) any term of its certificate of incorporation, bylaws, the Trust Agreement or other organizational documents or (ii) documents. The Borrower is not in violation of any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where bound, except to the extent such violation would not constitute a Material Adverse Change. 5.1.13.

Appears in 1 contract

Samples: Credit Agreement (Moog Inc.)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings to be made on the Closing Date under the Loan Documents which constitutes an Event of Default or Potential Default. Neither None of the Loan Parties or any Borrower nor Subsidiaries of any of their Subsidiaries Loan Party is in violation of (i) any term of its certificate of incorporation, bylaws, bylaws or other organizational documents or (ii) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Suburban Lodges of America Inc)

No Event of Default; Compliance with Instruments. No event has occurred and is continuing and no condition exists or will exist after giving effect to the borrowings or other extensions of credit to be made on the Closing Date under or pursuant to the Loan Credit Documents which constitutes an Event of Default or Potential Default. Neither any Borrower nor any of their Subsidiaries is not in violation of of: (ia) any term of its certificate of incorporation, bylaws, or other organizational documents Organizational Documents or (iib) any material agreement or instrument to which it is a party or by which it or any of its properties may be subject or bound where such violation would constitute a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (CastleRock Security Holdings, Inc.)

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