Common use of No Default or Event Clause in Contracts

No Default or Event. of Default exists at the time, or would result from the funding, of any Loan or other extension of credit.

Appears in 2 contracts

Samples: Loan and Security Agreement (Health Systems Solutions Inc), Loan and Security Agreement (Health Systems Solutions Inc)

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No Default or Event. of Default exists at the time, or would result from the funding, of any Revolver Loan or other extension of credit.

Appears in 2 contracts

Samples: Loan and Security Agreement (Drypers Corp), Loan and Security Agreement (Cmi Industries Inc)

No Default or Event. of Default exists at the time, or would result from the funding, of any Revolver Loan or other extension of credit.credit hereunder;

Appears in 1 contract

Samples: Loan and Security Agreement (Gulf States Steel Inc /Al/)

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No Default or Event. of Default exists at the time, or would result from the funding, of any Revolver Loan or other extension of credit.;

Appears in 1 contract

Samples: Loan and Security Agreement (Gulf States Steel Inc /Al/)

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