Common use of Current Compliance Clause in Contracts

Current Compliance. Borrower is currently in compliance with all of the terms and conditions of this Agreement and all other Loan Documents and no Potential Default or Event of Default currently exists.

Appears in 2 contracts

Sources: Loan and Security Agreement, Loan and Security Agreement (Bluegreen Vacations Corp)

Current Compliance. Borrower is currently in compliance with all of the terms and conditions of this Agreement and all other Loan Documents and no Potential Incipient Default or Event of Default currently exists.

Appears in 1 contract

Sources: Receivables Loan Agreement (Bluegreen Corp)