Common use of No Events of Default Clause in Contracts

No Events of Default. (1) No Events of Default exist or occur upon authorization, execution or delivery of this Contract or any of the Financing Documents. (2) The Recipient has not violated, and has not received notice of any claimed violation of, any agreement or instrument to which it is a party or by which the Project or its property may be bound, that would materially adversely affect the Project or the ability of Recipient to make all payments and perform all obligations required by this Contract and the other Financing Documents.

Appears in 5 contracts

Samples: Financing Contract, Financing Contract, Financing Contract

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No Events of Default. (1) No Events of Default exist or occur upon authorization, execution or delivery of this Contract or any of the Financing DocumentsContract. (2) The Recipient has not violated, and has not received notice of any claimed violation of, any agreement or instrument to which it is a party or by which the Project or its property may be bound, that would materially adversely affect the Project or the ability of Recipient to make all payments and perform all obligations required by this Contract and the other Financing DocumentsContract.

Appears in 4 contracts

Samples: Financing Contract, Grant Agreement, Financing Contract

No Events of Default. (1) No Events of Default exist or occur upon authorization, execution or delivery of this Contract or any of the Financing Documents. (2) The Recipient has not violated, and has not received notice of any claimed violation of, any agreement or instrument to which it is a party or by which the Project or its property may be bound, that would materially adversely affect the Project or the ability of Recipient to make all payments and perform all obligations required by this Contract and the other Financing Documents.

Appears in 4 contracts

Samples: Interim Financing Contract, Financing Contract, Interim Financing Contract

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No Events of Default. (1) No Events of Default exist or occur upon authorization, execution or delivery of this Contract or any of the Financing DocumentsContract. (2) The Recipient has not violated, and has not received notice of any claimed violation of, any agreement or instrument to which it is a party or by which the Project or its property may be bound, that would materially adversely affect the Project or the ability of Recipient to make all payments and perform all obligations required by this Contract and the other Financing DocumentsContract.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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