Non-existence of Event of Default Sample Clauses

Non-existence of Event of Default. No event of default as defined in Article 7 shall have happened.

Non-existence of Event of Default. No event of default as defined in Article 7 of this agreement shall have happened and no event, which with the lapse of time, or notice and lapse of time, would become an event of default, has happened and been continuing.

Non-existence of Event of Default. The Borrower shall satisfy the Lender that no Event of Default and no event which, with the lapse of time or giving of notice and lapse of time as specified in Article V, would become an Event of Default, has happened and been continuing.

Non-existence of Event of Default. The Borrower shall have complied with each and every covenant, condition precedent or condition subsequent required hereunder and no Event of Default shall have occurred and be continuing, no condition exists (or would exist after giving effect to the Advances requested to be made on such date) which would constitute a Default but for the giving of notice or passage of time or both.

Non-existence of Event of Default. The Borrower shall satisfy IREDA that no event of default as defined in Article IX hereof and no event which, with the lapse of time or notice and lapse of time as specified in Article IX, would become an event of default, has happened and been continuing.

Non-existence of Event of Default. The Borrower shall satisfy the Lenders that no event of default as defined in Article X hereof and no event which with the lapse of time or notice and lapse of time as specified in Article X would become an event of default, has happened and been continuing.

Non-existence of Event of Default. The company shall satisfy the Debenture Holders that no event of default as defined in Article IX hereof and no event which, with the lapse of time as specified in the said Article IX would become an event of default shall have happened and be continuing.