No Event of Default exists Sample Clauses

No Event of Default exists. The Borrower shall borrow additional Loans from the Lenders whose Commitments have been increased and/or prepay any Loans outstanding on the Revolving Credit Increase Effective Date (and pay any additional amounts required pursuant to Section 3.05) to the extent necessary to keep the outstanding Loans ratable with any revised Applicable Percentages arising from any nonratable increase in the Commitments under this Section.
AutoNDA by SimpleDocs
No Event of Default exists. (h) The Pledgor is a corporation duly organized and validly existing under the laws of the State of Delaware. The Pledgor's name as it appears in official filings in the State of Delaware is FINISAR CORPORATION. The Pledgor's organizational identification number issued by the State of Delaware is 3090879.
No Event of Default exists. (h) The chief place of business and chief executive office of the Pledgor are located at the address first specified above for the Pledgor.
No Event of Default exists. Notwithstanding the provisions of Section 4.5(a)(viii), during the existence of an Event of Default, provided that (i) the conditions set forth in Sections 4.5(a)(i) through (a)(vi) are satisfied, and (ii) Borrower pays, or causes to be paid, to Administrative Agent the Release Consideration required to be paid under the definition thereof (which the parties agree shall be applied in accordance with Section 11.5), then Administrative Agent shall issue partial releases from the Lien of a Mortgage and other Security Documents for (y) the sale, transfer or conveyance by the Borrower or a Subsidiary of any Presold Housing Unit, Lots Under Development, Finished Lots or Land Held for Development pursuant to a valid, bona-fide agreement between the Borrower or a Subsidiary and a third party entered into prior to the occurrence of the applicable Event of Default, or (z) the sale, transfer or conveyance by the Borrower or a Subsidiary of any other Housing Unit, Lots Under Development, Finished Lots or Land Held for Development with the prior written consent of Administrative Agent in its sole discretion.
No Event of Default exists. 2.1.2 Within the above-described limits, the Company may borrow under this Section 2.1, prepay pursuant to Section 2.6.1, below, and reborrow under this Section 2.1.
No Event of Default exists. The Companies shall hold IWCPFC harmless from any liability with respect to the delay or failure by the Companies to pay any such taxes or charges and shall reimburse TCFC, upon demand, for any such taxes paid by any of them in connection herewith whether or not such taxes shall be correctly or legally asserted or otherwise contested or contestable together with any interest, penalties and expenses in connection therewith. (c) Notwithstanding the foregoing, if the Companies shall pay any tax or charge as provided herein or shall make any deductions or withholdings from amounts paid hereunder, the Companies shall within five (5) Business Days of such timely payment to the Mexican tax authorities, forward to TCFC official reccipts or evidence acceptable to TCFC establishing payment of such amounts. <PAGE> 8.6 Statement: TCFC shall send a monthly statement of account to the Companies which shall constitute an account stated and be binding upon the Companies with respect to the matters reflected therein and in any matters previously reported to the Company which we incorporated therein, except to the extent that written exceptions thereto are served upon TCFC within thirty (30) days of such statement. 8.7
No Event of Default exists. (2) Borrower has timely delivered to Lender all applicable bills or premium notices that it has received; and
AutoNDA by SimpleDocs
No Event of Default exists. 4. Capitalized terms used herein and not defined herein shall have the meanings assigned thereto in the Loan Agreement.
No Event of Default exists. Borrower’s obligation to repay the Loan shall be evidenced by the Real Estate Lien Note substantially in the form of Exhibit “A” attached hereto. The Loan shall be payable as provided in the Real Estate Lien Note attached as Exhibit “A” hereto.
No Event of Default exists. (i) Aventine’s exact legal name, as defined in Section 9-503(a) of the UCC, is “Aventine Renewable Energy Holdings, Inc.”. The chief place of business and chief executive office of Aventine are located at 0000 Xxxxx 0xx Xxxxxx, X.X. Xxx 00, Xxxxx, Xxxxxxxx 00000-0000, and Aventine keeps its records concerning the Collateral at such location.
Time is Money Join Law Insider Premium to draft better contracts faster.