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 Loans which constitutes an Event of Default or a Default. No Loan Party or Subsidiary of a Loan Party is in violation of any term of its Organization Documents.

Appears in 6 contracts

Samples: Credit Agreement (Lazydays Holdings, Inc.), Credit Agreement (Lazydays Holdings, Inc.), Credit Agreement (Lazydays Holdings, 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 Loans which constitutes an Event of Default or a Default. No Loan Party or Subsidiary of a Loan Party is in material violation of any term of its Organization Documents.

Appears in 2 contracts

Samples: Credit Agreement (Martek Biosciences Corp), Credit Agreement (Martek Biosciences Corp)

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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 this Agreement, the Credit Facility, or any of the Loans which constitutes a Default, an Event of Default Default, or a DefaultMaterial Adverse Event. No Neither of the Loan Party or Subsidiary of a Loan Party Parties is in violation of any term terms of its Organization Documents.

Appears in 1 contract

Samples: Credit Agreement (FreightCar America, Inc.)

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