Common use of No Prohibited Acts or Changes Clause in Contracts

No Prohibited Acts or Changes. Borrower shall not have taken any action or permitted any condition to exist which would have been prohibited by any provision of the Loan Documents and all information and documents heretofore delivered by Borrower to Agent with respect to Borrower or the Resorts, including information and documents delivered in connection with the Additional Credit Facility, remain true and correct in all respects.

Appears in 2 contracts

Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)

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No Prohibited Acts or Changes. Borrower shall not have taken any action or permitted any condition to exist which would have been prohibited by any provision of the Loan Documents and all information and documents heretofore delivered by Borrower to Agent with respect to Borrower or the Resorts, including information and documents delivered in connection with the Additional Credit Facility, Resorts remain true and correct in all respects.all

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

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No Prohibited Acts or Changes. Borrower shall not have taken any action or permitted any condition to exist which would have been prohibited by any provision of the Loan Documents and all information and documents heretofore delivered by Borrower to Agent with respect to Borrower or the Resorts, including information and documents delivered in connection with the Additional Credit Facility, Resorts remain true and correct in all respects.

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

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