Common use of No Defaults, Etc Clause in Contracts

No Defaults, Etc. At the date of the requested Loan, no Default or Event of Default shall have occurred and be continuing or will result from making such Loan; and the representations and warranties of the Borrower in Article 5 hereof shall be true on and as of such date with the same force and effect as if made on and as of such date.

Appears in 2 contracts

Samples: Loan Agreement (Elandia International Inc.), Loan Agreement (Elandia, Inc.)

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No Defaults, Etc. At the date of the requested Loan, no Default or Event of Default shall have occurred and be continuing or will result from making such Loanthe Term Loan or issuance of the Letter of Credit; and the representations and warranties of the Borrower in Article 5 hereof shall be true on and as of such date with the same force and effect as if made on and as of such date.

Appears in 1 contract

Samples: Loan Agreement (Elandia International Inc.)

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No Defaults, Etc. At the date of the requested Loan, no Default or Event of Default shall have occurred and be continuing or will have occurred as the result from of the making such of the Loan; and the representations and warranties of the Borrower in Article 5 hereof shall be true on and as of such date with the same force and effect as if made on and as of such date.

Appears in 1 contract

Samples: Loan Agreement (Cascade Corp)

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