Common use of Xx Default Clause in Contracts

Xx Default. The Borrower is not in default under or with respect to any Material Contract, any agreement with any Issuer or any agreement applicable to the Pledged Shares. No Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Agreement or any other Loan Document.

Appears in 4 contracts

Samples: Margin Loan Agreement (Liberty Broadband Corp), Margin Loan Agreement (Liberty Broadband Corp), Margin Loan Agreement (Liberty Broadband Corp)

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Xx Default. The Neither the Borrower nor any of its Subsidiaries is not in default under or with respect to any of its Contractual Obligations in any respect that could reasonably be expected to have a Material Contract, any agreement with any Issuer or any agreement applicable to the Pledged SharesAdverse Effect. No Default or Event of Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Agreement or any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Waddell & Reed Financial Inc)

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Xx Default. The Neither the Borrower nor the Guarantor is not in default under or with respect to any Material Contract, any agreement with any the Issuer or any agreement applicable to the Pledged Shares. No Default has occurred and is continuing or would result from the consummation of the transactions contemplated by this Agreement or any other Loan Document.

Appears in 1 contract

Samples: Margin Loan Agreement (Liberty Broadband Corp)

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