Common use of Lack of Defaults Clause in Contracts

Lack of Defaults. No Event of Default (as defined in Section 10 hereof) and no event or condition which, with notice or the lapse of time, or both, would constitute an Event of Default, shall exist.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Puroflow Inc), Agreement and Plan of Merger (Arguss Holdings Inc), Agreement and Plan of Merger (Arguss Communications Inc)

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Lack of Defaults. No Event of Default (as defined in Section 10 Article X hereof) and no event or condition which, with notice or the lapse of time, or both, would constitute an Event of Default, shall exist.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Arguss Holdings Inc), 1 Agreement and Plan of Merger (Conceptronic Inc / De)

Lack of Defaults. No Event of Default (as defined in Section 10 Article 14 hereof) and no event or condition which, with notice or the lapse of time, or both, would constitute an Event of Default, shall exist.

Appears in 1 contract

Samples: Acquisition Agreement (Arguss Holdings Inc)

Lack of Defaults. No Event of Default (as defined in Section 10 11 hereof) and no event or condition which, with notice or the lapse of time, or both, would constitute an Event of Default, shall exist.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Arguss Holdings Inc)

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Lack of Defaults. No Event of Default (as defined in Section 10 12 hereof) and no event or condition which, with notice or the lapse of time, or both, would constitute an Event of Default, shall exist.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Argan Inc)

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