Common use of No Default on Outstanding Judgments or Orders Clause in Contracts

No Default on Outstanding Judgments or Orders. Such Borrower and each of its Subsidiaries has satisfied all judgments and neither such Borrower nor any of its Subsidiaries is in default with respect to any judgment, writ, injunction, decree, rule or regulation of any court, arbitrator or federal, state, municipal or other governmental authority, commission, board, bureau, agency or instrumentality, domestic or foreign.

Appears in 5 contracts

Samples: Credit Agreement (Transact Technologies Inc), Credit Agreement (Tridex Corp), Credit Agreement (Tridex Corp)

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No Default on Outstanding Judgments or Orders. Such Each of the Borrower and each of its Subsidiaries has satisfied all material judgments and neither such the Borrower nor any of its Subsidiaries Subsidiary is in default with respect to any judgment, writ, injunction, decree, rule or regulation of any court, arbitrator or federal, state, municipal or other governmental authority, commission, board, bureau, agency or instrumentality, domestic or foreign, which would, in any one case or in the aggregate, have a Materially Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Core Inc), Credit Agreement (Core Inc), Credit Agreement (Donegal Group Inc)

No Default on Outstanding Judgments or Orders. Such Each of the Borrower and each of its Subsidiaries has satisfied all judgments and neither such the Borrower nor any of its Subsidiaries is in default with respect to any judgment, writ, injunction, decree, rule or regulation of any court, arbitrator or federal, state, municipal or other governmental authority, commission, board, bureau, agency or instrumentality, domestic or foreign.

Appears in 3 contracts

Samples: Security Agreement (Allied Devices Corp), Credit Agreement (Conmed Corp), Credit Agreement (Conmed Corp)

No Default on Outstanding Judgments or Orders. Such The Borrower and each of its Subsidiaries has satisfied all judgments against it and neither such the Borrower nor any of its Subsidiaries is in default with respect to any judgment, writ, injunction, decree, rule or regulation of any court, arbitrator or federal, state, municipal or other governmental authority, commission, board, bureau, agency or instrumentality, domestic or foreign, other than as of a result of the Chapter 11 Case.

Appears in 1 contract

Samples: Credit Agreement (Western Pacific Airlines Inc /De/)

No Default on Outstanding Judgments or Orders. Such The Borrower and each of its Subsidiaries has satisfied all judgments by which they are bound and neither such the Borrower nor any of its Subsidiaries is in default (i) with respect to any judgment, writ, injunction, decree, rule or regulation decree of any court, arbitrator or federal, state, municipal or other governmental authority, commission, board, bureau, agency or instrumentality, domestic or foreignforeign having jurisdiction or (ii) in any material respect with respect to any rule or regulation of any such entity.

Appears in 1 contract

Samples: Credit Agreement (Technology Flavors & Fragrances Inc)

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No Default on Outstanding Judgments or Orders. Such The Borrower and each of its Subsidiaries has satisfied all judgments and neither such Borrower nor any of its Subsidiaries is in default with respect to any judgment, writ, injunction, decree, rule or regulation of any court, arbitrator or federal, state, municipal or other governmental authority, commission, board, bureau, agency or instrumentality, domestic or foreign.or

Appears in 1 contract

Samples: Credit Agreement (Transact Technologies Inc)

No Default on Outstanding Judgments or Orders. Such Borrower Each of the Borrowers and each of its Subsidiaries has satisfied all judgments applicable to them and neither such Borrower none of the Borrowers nor any of its their Subsidiaries is in default with respect to any judgment, writ, injunction, decree, rule injunction or regulation decree of any court, arbitrator or federal, state, municipal or other governmental authority, commission, board, bureau, agency or instrumentality, domestic or foreign.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Biscayne Apparel Inc /Fl/)

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