Effectiveness; No Default. At the time of each such Credit Event and also after giving effect thereto (i) the Effective Date shall have occurred and (ii) no Default or Event of Default under Section 10.01, 10.04, 10.08 or 10.09 shall have occurred and be continuing.
Appears in 2 contracts
Sources: Credit Agreement (Financial Security Assurance Holdings LTD), Credit Agreement (Financial Security Assurance Holdings LTD/Ny/)