No Material Adverse Effect; No Default. Neither any Loan Party nor any Subsidiary thereof is 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 Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Agreement or any other Loan Document.
Appears in 4 contracts
Samples: Credit Agreement (Seaport Entertainment Group Inc.), Credit Agreement (Global Clean Energy Holdings, Inc.), Revolving Credit Agreement
No Material Adverse Effect; No Default. Neither any No Loan Party nor or Subsidiary is (a) in material default under or with respect to any Subsidiary thereof is Material Agreement or (b) in default under or with respect to any other Contractual Obligation that, in the case of this clause (b), either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. No Default or Event of Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Agreement or any other Loan Document.
Appears in 4 contracts
Samples: Credit Agreement (Local Bounti Corporation/De), Credit Agreement (Local Bounti Corporation/De), Credit Agreement (Local Bounti Corporation/De)
No Material Adverse Effect; No Default. Neither None of the Loan Parties or any Loan Party nor any Subsidiary thereof of their respective Subsidiaries is in default under or with respect to any Contractual Obligation (including any Existing Loan Document) that, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. No Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Agreement or any other Loan Document.
Appears in 3 contracts
Samples: Credit Agreement (Offerpad Solutions Inc.), Credit Agreement (Offerpad Solutions Inc.), Credit Agreement (Supernova Partners Acquisition Company, Inc.)
No Material Adverse Effect; No Default. Neither any Loan Credit Party nor any Subsidiary thereof is 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 Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Agreement or any other Loan Credit Document.
Appears in 1 contract
Samples: Letter of Credit Facility Agreement (Enstar Group LTD)
No Material Adverse Effect; No Default. Neither any No Loan Party nor or Subsidiary is (a) in material default under or with respect to any Subsidiary thereof is Material Agreement or (b) in default under or with respect to any other Contractual Obligation that, in the case of this clause (b), either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. No Default or Event of Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Agreement or any other Loan Document.. Section 3.9
Appears in 1 contract
Samples: Bitterroot Lease Agreement (Local Bounti Corporation/De)
