No Event of Default Under Credit Agreement. No Event of Default shall exist under the Credit Agreement (that has not been waived by the Lenders), and no condition precedent to advancing the Tranche shall remain unfulfilled (that has not been waived by the Lenders), due to any act or omission of any SFL Party, or any breach by any SFL Party of any representation or warranty, covenant, term or condition made or to be performed by such SFL Party hereunder or under any other Transaction Document, unless caused by an Event of HLL Default.
Appears in 2 contracts
Samples: Acquire and Charter (Horizon Lines, Inc.), Acquire and Charter (Horizon Lines, Inc.)
No Event of Default Under Credit Agreement. No Event of Default shall exist under the Credit Agreement (that has not been waived by the Lenders), and no condition precedent to advancing the Tranche shall remain unfulfilled (that has not been waived by the Lenders), due to any act or omission of any SFL PartyHLL, or any breach by any SFL Party HLL of any representation or warranty, covenant, term or condition made or to be performed by such SFL Party HLL hereunder or under any other Transaction Document, unless caused by an Event of HLL SFL Default.
Appears in 2 contracts
Samples: Acquire and Charter (Horizon Lines, Inc.), Acquire and Charter (Horizon Lines, Inc.)
