Non-Existence of Defaults. Neither Borrower nor any of its Subsidiaries is in default with respect to any material amount of its existing Indebtedness. The making and performance of this Agreement and all other Loan Documents, will not immediately, or with the passage of time, the giving of notice, or both:
(a) violate the provisions of the bylaws or any other corporate document of Borrower; (b) violate any laws to the best of Borrower's knowledge after diligent inquiry; (c) result in a material default under any contract, agreement, or instrument to which Borrower is a party or by which Borrower or its properties are bound; or (d) result in the creation or imposition of any security interest in, or Lien or encumbrance upon, any of the Collateral except the Permitted Liens.
Non-Existence of Defaults. As of the Closing Date, it is not in default with respect to any material amount of its existing Debt. The making and performance of this Agreement and the Credit Documents, will not immediately, or with the passage of time, the giving of notice, or both:
(a) violate the provisions of the organizational documents or any other corporate document of the Borrower; (b) violate any laws; (c) result in a material default under any contract, agreement, or instrument to which the Borrower is a party or by which the Borrower or its properties are bound; or (d) result in the creation or imposition of any Lien upon any of the Property of the Borrower except in favor of the Lender or Chase Manhattan Bank.
Non-Existence of Defaults. Neither Borrower nor any of its Subsidiaries is in default with respect to any material amount of its existing Indebtedness. The making and performance of this Agreement and all other Loan Documents, will not immediately, or with the passage of time, the giving of notice, or both:
(a) violate the provisions of the bylaws or any other corporate document of Borrower; (b) violate any laws to the best of Borrower's knowledge after reasonable inquiry, except where the failure to so comply could not reasonably be expected to have a Material Adverse Effect upon Borrower, the Business or Borrower's operations or financial condition; (c) result in a material default under any contract, agreement, or instrument to which Borrower is a party or by which Borrower or its properties are bound; or (d) result in the creation or imposition of any security interest in, or Lien or encumbrance upon, any of the Collateral except the Permitted Liens.
Non-Existence of Defaults. Except as set forth in Schedule 4.14, neither the Company nor any of its Subsidiaries is in default with respect to any material amount of its existing Debt.
Non-Existence of Defaults. Neither Baldxxx xxx any of its Subsidiaries is in default with respect to any material amount of its existing Indebtedness. The making and performance of this Credit Agreement and all other Loan Documents, will not immediately, or with the passage of time, the giving of notice, or both:
(a) violate the provisions of the bylaws or any other corporate document of Baldxxx;
(x) violate any laws to the best of Baldxxx'x xxxwledge after diligent inquiry; (c) result in a material default under any contract, agreement, or instrument to which Baldxxx xx a party or by which Baldxxx xx its properties are bound; or (d) result in the creation or imposition of any security interest in, or Lien or encumbrance upon, any of the Collateral except the Permitted Liens.
Non-Existence of Defaults. The Borrower is not in default, nor shall the passing of time or the giving of notice result in the occurrence of a default with respect to any of its existing Indebtedness.
Non-Existence of Defaults. The Borrower is not in default with respect to any of its existing indebtedness, and the making and performance of this Agreement and the Loan Documents will not immediately, or with the passage of time, the giving of notice, or both: (1) violate any laws or result in a default under any contract, agreement or instrument to which the Borrower is a party or by which the Borrower or its property is bound; (2) violate the provisions of the Articles or By-laws of the Borrower and any other governing document of the Borrower; or (3) result in the creation or imposition of any security interest in, or lien or encumbrance upon, any of the assets of the Borrower, except in favor of the Lender.
Non-Existence of Defaults. Neither Borrower nor any of its Subsidiaries is in default with respect to any material amount of its
(a) violate the provisions of the bylaws or any other corporate document of Borrower; (b) violate any laws to the best of Borrower's knowledge after diligent inquiry; (c) result in a material default under any contract, agreement, or instrument to which Borrower is a party or by which Borrower or its properties are bound; or (d) result in the creation or imposition of any security interest in, or Lien or encumbrance upon, any of the Collateral except the Permitted Liens.
Non-Existence of Defaults. Except as set forth on Exhibit 8.2, neither Borrower nor any of its Subsidiaries is in default with respect to any material amount of its existing Indebtedness. The making and performance of this Agreement and all other Loan Documents, will not immediately, or with the passage of time, the giving of notice, or both:
(a) violate the provisions of the bylaws or any other corporate document of Borrower; (b) violate any laws to the best of Borrower's knowledge after diligent inquiry; (c) result in a material default under any contract, agreement, or instrument to which Borrower is a party or by which Borrower or its properties are bound; or (d) result in the creation or imposition of any security interest in, or Lien or encumbrance upon, any of the Collateral except the Permitted Liens.
Non-Existence of Defaults. The Mortgagor is not in default, nor shall the passing of time or the giving of notice result in the occurrence of a default with respect to any of its existing Indebtedness.
