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 Revolver Loan or other extension of credit.

Appears in 2 contracts

Sources: Post Petition 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.

Appears in 2 contracts

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

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

Appears in 1 contract

Sources: Loan and Security Agreement (Master Graphics Inc)