Common use of Other Agreements; No Default Clause in Contracts

Other Agreements; No Default. Borrower has no material contracts, agreements, leases or commitments which have not been previously disclosed to Lender. Borrower is not in default in any respect in the performance, observance, or fulfillment of any of the obligations, covenants, or conditions contained in any contract, agreement, lease or instrument to which Borrower is a party to the extent that such default would have a Material Adverse Effect. Borrower enjoys peaceful and undisturbed possession under all leases to which it is a party.

Appears in 2 contracts

Samples: Loan Agreement (Qep Co Inc), Loan Agreement (Qep Co Inc)

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Other Agreements; No Default. Borrower has no material contracts, agreements, leases or commitments which have not been previously disclosed in writing or made available to Lender. Borrower is not in default in any respect in the performance, observance, or fulfillment of any of the obligations, covenants, or conditions contained in any material contract, agreement, lease or instrument to which Borrower is a party to the extent that except where such default would not have a Material Adverse Effect. Borrower enjoys peaceful and undisturbed possession under all leases to which it is a party.

Appears in 1 contract

Samples: Loan Agreement (Microfluidics International Corp)

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Other Agreements; No Default. Borrower has no material contracts, agreements, leases or commitments which have not been previously disclosed to Lender. Borrower is not in default in any respect in the performance, observance, or fulfillment of any of the obligations, covenants, or conditions contained in any contract, agreement, lease or instrument to which Borrower is a party to the extent that such default would have a Material Adverse Effectparty. Borrower enjoys peaceful and undisturbed possession under all leases to which it is a party.

Appears in 1 contract

Samples: Loan Agreement (Qep Co Inc)

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