Default Under Agreements Clause Samples
Default Under Agreements. The consummation of the transactions contemplated hereby shall not cause the Company to be in default under any material agreement or instrument to which it is a party or by which it or any of its properties are bound, the result of which could have a Company Material Adverse Effect.
Default Under Agreements. Seller has received no written notice of any failure to comply with the requirements of: (i) any insurance policy insuring the Property; (ii) any board of fire underwriters or other body exercising similar functions; or (iii) any mortgage securing the Property, which failure has not been cured. Further, Seller has received no written notice from any insurer advising Seller of a condition on the Property which would render any insurance policy void or voidable.
Default Under Agreements. WCEH is not:
(a) in default under a material agreement or arrangement to which it is a party, or in respect of another material obligation or restriction by which it is bound;
(b) liable in respect of an express warranty.
Default Under Agreements. (i) If the Company defaults under the Secured Covertible Note, the subscription agreement under which the Secured Covertible Note is subscribed, or any agreement which are schedules to the foregoing; or
(ii) if the Company defaults under any secured debt obligations of the Company other than the Secured Covertible Note.
Default Under Agreements. 27 (h) Approval by Board of Directors of Buyer................................................... 27 (i) Evidence of Corporate Authority........................................................... 27 (j) Key Employees and Other Transferred Employees............................................. 27 (k) Change of Name............................................................................ 28 (l)
Default Under Agreements. Except as would not reasonably be expected to result in a Material Adverse Effect, no Loan Party is in default in any respect in the performance, observance, or fulfillment of any of the obligations, covenants, or conditions contained in any Material Contract to which it is a party.
Default Under Agreements. The Company (i) is in good standing and entitled to all benefits under, (ii) has performed all obligations required to be performed under, and (iii) are not in default under, or in breach of, any written or oral contracts, agreements, indentures, instruments, commitments, licenses or permits applicable to any of them.
Default Under Agreements. The consummation of the transactions contemplated hereby shall not cause CASS to be in default under any material agreement or instrument to which it is a party or by which it or any of its properties are bound, the result of which could have a CASS Material Adverse Effect.
Default Under Agreements. 38 (i) Approval by Board of Directors of Alloy and Acquistion Sub................. 38 (j) Evidence of Corporate Authority............................................ 38 (k) Change of Name............................................................. 38 5.3 Conditions to Obligations of MarketSource.................................. 39 (a) Representations and Warranties of Alloy and Acquisition Sub................ 39 (b) Performance of Obligations of Alloy and Acquisition Sub.................... 39 (c) Related Agreements......................................................... 39 (d) Opinion of Counsel for Alloy............................................... 39 (e) Stock Certificates......................................................... 39 (f) Closing Cash Payment....................................................... 39 (g) Evidence of Corporate Authority............................................ 39
Default Under Agreements. The Debtor will not default under any provision of any Agreement or any other agreement which creates a security interest in or otherwise affects the Collateral or, without the prior written consent of the Secured Party, amend any Agreement or give any consent, concession or waiver of the terms of, or exercise any option of the Debtor permitted under such terms, or cancel or terminate any Agreement or accept the surrender thereof The Debtor will give to the Secured Party notice of any default by the Debtor under any Agreement or any other agreement which creates a security interest in or otherwise affects the Collateral, promptly upon becoming aware of the occurrence of such default, but in all events, if the Debtor is aware of the default, in sufficient time to afford the Secured Party an opportunity to cure any such default prior to any other party to any Agreement or any such other agreement terminating or otherwise enforcing its rights and remedies under the Agreement or such other agreement.