Common use of Material Agreements, etc Clause in Contracts

Material Agreements, etc. The Borrower and its Subsidiaries are in compliance in all material respects with all Material Agreements and none of the Borrower or any of its Subsidiaries, or to the best knowledge of the Borrower, any other party to any Material Agreement, has defaulted in any material respect under any of the Material Agreements. No event has occurred which, with the giving of notice, lapse of time or both, would constitute a default under, or in respect of, any Material Agreement. There is no material dispute regarding any Material Agreement;