Common use of Performance of Agreements; Materially Adverse Agreements; Material Contracts Clause in Contracts

Performance of Agreements; Materially Adverse Agreements; Material Contracts. (a) No Loan Party is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any of its Contractual Obligations, and no condition exists that, with the giving of notice or the lapse of time or both, would constitute such a default, except where the consequences, direct or indirect, of such default or defaults, if any, would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Viasource Communications Inc), Credit Agreement (Viasource Communications Inc)

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Performance of Agreements; Materially Adverse Agreements; Material Contracts. (a) A. No Loan Party nor any of its Subsidiaries is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any of its Contractual Obligations, and no condition exists that, with the giving of notice or the lapse of time or both, would constitute such a default, except where the consequences, direct or indirect, of such default or defaults, if any, would not have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Optel Inc), Credit Agreement (Benedek License Corp)

Performance of Agreements; Materially Adverse Agreements; Material Contracts. (a) No A. Neither any Loan Party nor any Principal Subsidiary is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions under any Healthcare Regulation or Government Reimbursement Program or contained in any of its Contractual Obligations, and no condition exists that, with the giving of notice or the lapse of time or both, would constitute such a default, except where the consequences, direct or indirect, of such default or defaults, if any, would could not have reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Oxford Health Plans Inc), Credit Agreement (Oxford Health Plans Inc)

Performance of Agreements; Materially Adverse Agreements; Material Contracts. (aA) No Loan Party nor any of its Subsidiaries is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any of its Contractual Obligations, and no condition exists that, with the giving of notice or the lapse of time or both, would constitute such a default, except where the consequences, direct or indirect, of such default or defaults, if any, would could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (E Spire Communications Inc), Credit Agreement (E Spire Communications Inc)

Performance of Agreements; Materially Adverse Agreements; Material Contracts. (a) A. No Loan Party nor any of its Subsidiaries is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any of its Contractual Obligations, and no condition exists that, with the giving of notice or the lapse of time or both, would constitute such a default, except where the consequences, direct or indirect, of such default or defaults, if any, would in each case could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Prime Succession Inc)

Performance of Agreements; Materially Adverse Agreements; Material Contracts. (a) No A. None of the Loan Party Parties is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any of its Contractual Obligations, and no condition exists that, with the giving of notice or the lapse of time or both, would constitute such a default, except where the consequences, direct or indirect, consequences of such default or defaults, if any, would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Las Vegas Sands Corp)

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Performance of Agreements; Materially Adverse Agreements; Material Contracts. (a) A. No Loan Party nor any of its Subsidiaries is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any of its Contractual Obligations, and no condition exists that, with the giving of notice or the lapse of time or both, would constitute such a default, except where the consequences, direct or indirect, of such default or defaults, if any, would not with reasonable likelihood have a Material Adverse Effect.

Appears in 1 contract

Samples: Security Agreement (Arterial Vascular Engineering Inc)

Performance of Agreements; Materially Adverse Agreements; Material Contracts. (a) A. No Loan Party nor any of its Subsidiaries is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any of its Contractual Obligations, and no condition exists that, with the giving of notice or the lapse of time or both, would constitute such a default, except where the consequences, direct or indirect, of such default or defaults, if any, would not individually or in the aggregate have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Zilog Inc)

Performance of Agreements; Materially Adverse Agreements; Material Contracts. (a) No A. Neither any Loan Party nor any of its Subsidiaries is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any of its Contractual Obligations, and no condition exists that, with the giving of notice or the lapse of time or both, would constitute such a default, except where the consequences, direct or indirect, of such default or defaults, if any, would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Directed Electronics, Inc.)

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