No Material Adverse Effect; No Default. The Borrower is not in default under or with respect to any contractual obligation that, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. No Event of Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Loan Agreement.
Appears in 12 contracts
Samples: Shareholder’s Loan Agreement (Power Solutions International, Inc.), Shareholder’s Loan Agreement (Power Solutions International, Inc.), Loan Agreement (Power Solutions International, Inc.)
No Material Adverse Effect; No Default. The Borrower is not in default under or with respect to any contractual obligation that, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. No Event of Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Loan Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Power Solutions International, Inc.), Loan Agreement (Power Solutions International, Inc.)
No Material Adverse Effect; No Default. The Borrower is not in default under or with respect to any contractual obligation that, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. No Event of Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Loan Agreement.
Appears in 1 contract
Samples: Shareholder Loan Agreement
