Common use of Continuing Compliance Clause in Contracts

Continuing Compliance. At the time any disbursement is to be made and immediately thereafter, there shall not exist any Event of Default (as hereinafter defined) or any event, condition, or act which with notice or lapse of time, or both, would constitute an Event of Default.

Appears in 18 contracts

Sources: Loan Agreement (Autobytel Inc), Loan Agreement (Autobytel Inc), Loan Agreement (Coherent Inc)

Continuing Compliance. At the time any disbursement is to be made and immediately thereafter, there shall not exist any Event of Default (as hereinafter defined) or any event, condition, or act which with notice or lapse of time, or both, would constitute an Event of Default.

Appears in 1 contract

Sources: Loan Agreement (Chicago Pizza & Brewery Inc)

Continuing Compliance. At the time any disbursement is to be made and immediately thereafter, there shall not exist any Default or Event of Default (as hereinafter defined) or any event, condition, or act which with notice or lapse of time, or both, would constitute an Event of Default).

Appears in 1 contract

Sources: Loan Agreement (Genasys Inc.)