Common use of Outstanding Defaults Clause in Contracts

Outstanding Defaults. No event has occurred which constitutes or which, with the giving of notice, lapse of time or both, would constitute a default under or in respect of any material agreement, undertaking or instrument to which any Subject Entity is a party or to which its respective property or assets may be subject, and which could reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Loan Agreement (Yamana Gold Inc), Loan Agreement (4352351 Canada Inc.), Loan Agreement (Lundin Mining CORP)

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Outstanding Defaults. No event has occurred which constitutes or which, with the giving of notice, lapse of time or both, would constitute a default under or in respect of any material agreement, undertaking or instrument to which any Subject Entity of the Companies is a party or to which its respective property or assets may be subject, and which except where such default has not had or could not reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Potash Corp of Saskatchewan Inc), Credit Agreement (Potash Corp of Saskatchewan Inc), Credit Agreement (Potash Corp of Saskatchewan Inc)

Outstanding Defaults. No Default or Event of Default exists or would result from the incurring of any Secured Obligations by any Obligor. No event has occurred which constitutes or which, with the giving of notice, lapse of time or both, would constitute a default under or in respect of any material agreement, undertaking or instrument to which any Subject Entity Company is a party or to which its respective property or assets may be subject, and which could reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Lake Shore Gold Corp), Credit Agreement (Allied Nevada Gold Corp.), Credit Agreement (Allied Nevada Gold Corp.)

Outstanding Defaults. No event has occurred which constitutes or which, with the giving of notice, lapse of time or both, would constitute a default under or in respect of any material agreement, undertaking or instrument to under which any Subject Entity is a party or to which its respective property or assets may be subject, and which could reasonably be expected to of the Companies have a Material Adverse Effectoutstanding indebtedness.

Appears in 2 contracts

Samples: Credit Agreement (Vitran Corp Inc), Credit Agreement (Vitran Corp Inc)

Outstanding Defaults. No event has occurred which constitutes or which, with the giving of notice, lapse of time or both, would constitute a default under or in respect of any material agreement, undertaking or instrument to which any Subject Entity Company is a party or to which its respective property or assets may be subject, and which could would reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (New Gold Inc. /FI), Loan Agreement (New Gold Inc. /FI)

Outstanding Defaults. No event has occurred which constitutes or which, with the giving of notice, lapse of time or both, would constitute a default under or in respect of any Gold Purchase Agreement, material agreement, undertaking or instrument to which any Subject Entity Company is a party or to which its respective property or assets may be subject, and which could reasonably be expected to have a Material Adverse Effect. No Default or Event of Default exists or would result form the incurring of Secured Obligations by any Obligor.

Appears in 1 contract

Samples: Credit Agreement (Sandstorm Gold LTD)

Outstanding Defaults. No event has occurred which constitutes or which, with the giving of notice, lapse of time or both, would constitute a default under or in respect of any material agreement, undertaking or instrument to which any Subject Entity the Consulting Company is a party or to which its respective the Consulting Company’s property or assets may be subject, and which could reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the Consulting Company’s financial condition or ability to fulfill its obligations hereunder or under any of the Individual Service Agreements contemplated hereby.

Appears in 1 contract

Samples: Services Agreement

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Outstanding Defaults. No event has occurred which constitutes or which, with the giving of notice, lapse of time or both, would constitute a default under or in respect of any Transaction Document, material agreement, undertaking or instrument to which any Subject Entity Company is a party or to which its respective property or assets may be subject, and which could reasonably be expected to have a Material Adverse Effect. No Default or Event of Default exists or would result form the incurring of Secured Obligations by any Obligor.

Appears in 1 contract

Samples: Credit Agreement (Sandstorm Gold LTD)

Outstanding Defaults. No event has occurred which constitutes or which, with the giving of notice, lapse of time or both, would constitute a default under or in respect of any material agreement, undertaking or instrument to which any Subject Entity Obligor is a party or to which its respective property or assets may be subject, and which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Yamana Gold Inc)

Outstanding Defaults. No Default or Event of Default exists or would result from the incurring of any Secured Obligations. No event has occurred which constitutes or which, with the giving of notice, lapse of time or both, would constitute a default under or in respect of any material agreementMaterial Agreement, undertaking or instrument to which any Subject Entity Obligor is a party or to which its respective property or assets may be subject, and which could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Primero Mining Corp)

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