Common use of No Defaults or Restrictions Clause in Contracts

No Defaults or Restrictions. There is no declared default under any agreement or instrument that causes or would cause a material adverse effect on the business, properties, or financial operations or condition of the Guarantor.

Appears in 3 contracts

Samples: Guaranty Agreement (Medcath Corp), Guaranty Agreement (Medcath Inc), Guaranty Agreement (Medcath Corp)

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No Defaults or Restrictions. There is no declared default under any agreement or instrument that causes caused or would cause a material adverse effect on the business, properties, or and financial operations or condition of the Guarantor.

Appears in 3 contracts

Samples: Balanced Care Corp, Balanced Care Corp, Balanced Care Corp

No Defaults or Restrictions. There is no declared default under any agreement or instrument that causes or would cause a material adverse effect on the business, properties, or financial operations or condition of the Guarantor.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cornerstone Therapeutics Inc)

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No Defaults or Restrictions. There is no declared default under any agreement or instrument nor does there exist any restriction in the organizational documents of the Guarantor that causes or would cause a material adverse effect on the business, properties, or financial operations or condition condition, financial or otherwise, of the Guarantor.

Appears in 1 contract

Samples: Lease Guaranty Agreement (Centennial Healthcare Corp)

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