No Obligor Default. No Obligor Default (as defined below in Section 9(c)), or event which with the passage of time or giving of notice, or both, would become an Obligor Default, exists and Debtor had no knowledge of any fact that may impair the Contract's validity. No Obligor is in bankruptcy, receivership, reorganization or is insolvent. No material change has occurred with respect to the Contract or the Obligor.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Lease Equity Appreciation Fund I Lp), Revolving Credit Agreement (Resource America Inc)
No Obligor Default. No Obligor Default (as defined below in Section 9(c)), or event which with the passage of time or giving of notice, or both, would become an Obligor Default, exists and Debtor had no knowledge of any fact that may impair the Contract's validity. No Obligor is in bankruptcy, receivership, reorganization or or, to Debtor's knowledge, is insolvent. No material change has occurred with respect to the Contract or the Obligor.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Lease Equity Appreciation Fund I Lp), Revolving Credit Agreement (Lease Equity Appreciation Fund I Lp)
