Common use of No Defaults, Etc Clause in Contracts

No Defaults, Etc. No Lease Event of Default, Indenture Event of Default, Event of Loss, Burdensome Termination Event or event that, with the passage of time or giving of notice or both, would constitute a Lease Event of Default, Indenture Event of Default, an Event of Loss or Burdensome Termination Event shall have occurred and be continuing.

Appears in 2 contracts

Sources: Participation Agreement, Participation Agreement (Firstenergy Corp)