No Defaults Under Loan Agreements Sample Clauses

No Defaults Under Loan Agreements. Exclusive of intercompany indebtedness and the loan agreement referred to in Schedule 6.13, there is no agreement, contract or instrument to which Cantel is a party and which evidences, individually or, in the case of related transactions, collectively, indebtedness of Cantel for money borrowed. Cantel is not in default under any Contractual Obligation relating to borrowed money to which it is a party or by which it or its material assets or properties is bound, nor does any condition exist which with notice or lapse of time or both would constitute such default, and each such contract or other agreement relating to borrowed money is in full force and effect.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
No Defaults Under Loan Agreements. Except as set forth in Schedule 4.13, XXXXXX is not in default under any Contractual Obligation relating to borrowed money to which it is a party or by which it or its material assets or properties is bound, nor does any condition exist which with notice or lapse of time or both would constitute such default, and each such contract or other agreement relating to borrowed money is in full force and effect. Except as set forth in Schedule 4.13, there is no agreement, contract or instrument to which XXXXXX is a party and which evidences, individually or, in the case of related transactions, collectively, indebtedness of XXXXXX for money borrowed.
Sample 1Sample 2
No Defaults Under Loan Agreements. Except as indicated in its filings under the Securities Exchange Act of 1934, GAMZ is not in default under any Contractual Obligation relating to borrowed money to which it is a party or by which it or its material assets or properties is bound, nor does any condition exist which with notice or lapse of time or both would constitute such default, and each such contract or other agreement relating to borrowed money is in full force and effect. Except as set forth in Schedule 5.13, there is no agreement, contract or instrument to which GAMZ is a party and which evidences, individually or, in the case of related transactions, collectively, indebtedness of GAMZ for money borrowed.
Sample 1Sample 2
No Defaults Under Loan Agreements. After giving effect to the waivers described in Section 4.1(p), on the Closing Date there shall be no Defaults or Events of Default (as defined in the Credit Agreement) under the Credit Agreement, nor any defaults or events of default under any other loan agreement to which the Company or any of its affiliates are party.
Sample 1
No Defaults Under Loan Agreements. Seller is not in default under any Contractual Obligation relating to borrowed money to which it is a party or by which it or its material assets or properties is bound, nor does any condition exist which with notice or lapse of time or both would constitute such default, and each such contract or other agreement relating to borrowed money is in full force and effect. There is no agreement, contract or instrument to which Seller is a party and which evidences, individually or, in the case of related transactions, collectively, indebtedness of Seller for money borrowed.
Sample 1
No Defaults Under Loan Agreements. Except as set forth in Schedule 5.10, neither the Seller nor C&K is in default under any contract or other agreement (written or oral) relating to borrowed money or any loan agreement, financing agreement, installment sales agreement or capitalized lease obligation (written or oral), to which any of them is a party in connection with the properties, assets or the business of C&K or the Shares or by or to which any of them or the properties, assets or business of C&K or the Shares is bound or subject (collectively, "Loan Agreements"), nor does any condition exist which with notice or lapse of time or both would constitute such a default, and each such contract or other agreement relating to borrowed money is in full force and effect, and neither the execution of this Agreement or any of the Seller's Related Agreements, nor the consummation of the transactions contemplated hereby or thereby, will result in any breach or acceleration of, or constitute (or with notice of lapse of time or both would constitute) a default under, any such contract or other agreement. Schedule 5.10 sets forth all of the Loan Agreements now or at any time in existence.
Sample 1
No Defaults Under Loan Agreements. Except as set forth in Schedule 4.14, VTSI is not in default under any “Contractual Obligation” relating to borrowed money to which it is a party or by which it or its material assets or properties is bound, nor does any condition exist which with notice or lapse of time or both would constitute such default, and each such contract or other agreement relating to borrowed money is in full force and effect. Except as set forth in Schedule 4.14, there is no agreement, contract, or instrument to which VTSI is a party 452027v1 and which evidences, individually or, in the case of related transactions, collectively, indebtedness of VTSI for money borrowed.
Sample 1
AutoNDA by SimpleDocs
No Defaults Under Loan Agreements. Except as set forth in Schedule 5.14, VMC is not in default under any Contractual Obligation relating to borrowed money to which it is a party or by which it or its material assets or properties is bound, nor does any condition exist which with notice or lapse of time or both would constitute such default, and each such contract or other agreement relating to borrowed money is in full force and effect. Except as set forth in Schedule 5.14, there is no agreement, contract, or instrument to which VMC is a party and which evidences, individually or, in the case of related transactions, collectively, indebtedness of VMC for money borrowed.
Sample 1

Related to No Defaults Under Loan Agreements

  • Other Defaults Under Loan Documents Any Loan Party shall default in the performance of or compliance with any term contained in this Agreement or any of the other Loan Documents, other than any such term referred to in any other subsection of this Section 8, and such default shall not have been remedied or waived within 30 days after the earlier of (i) an Officer of Company or such Loan Party becoming aware of such default or (ii) receipt by Company and such Loan Party of notice from Administrative Agent or any Lender of such default; or

  • Payments Under Loan Documents The Borrower shall fail to pay any principal of any Loan (including scheduled installments, mandatory prepayments or the payment due at maturity), Reimbursement Obligation or Letter of Credit or Obligation or any interest on any Loan, Reimbursement Obligation or Letter of Credit Obligation or any other amount owing hereunder or under the other Loan Documents on the date on which such principal, interest or other amount becomes due in accordance with the terms hereof or thereof;

  • Defaults Under Other Agreements The occurrence of a default or an event of default under any other financing arrangement pursuant to which such Seller Party is a debtor or an obligor.

  • Other Defaults Under Credit Documents Any Credit Party shall default in the performance of or compliance with any term contained herein or any of the other Credit Documents, other than any such term referred to in any other Section of this Section 8.1, and such default shall not have been remedied or waived within thirty days after the earlier of (i) an officer of such Credit Party becoming aware of such default or (ii) receipt by Borrower of notice from Administrative Agent or any Lender of such default; or

  • No Defaults or Events of Default (a) Since (the date of the last similar certification), and except as set forth in Appendix I, no Default or Event of Default has occurred.

  • Notices Under Other Loan Agreements Promptly after the furnishing thereof, copies of any statement, report or notice furnished to any Person pursuant to the terms of any indenture, loan or credit or other similar agreement, other than this Agreement and not otherwise required to be furnished to the Lenders pursuant to any other provision of this Section 5.06;

  • Loan Agreements Notwithstanding any term hereof (or any term of the UCC that might otherwise be construed to be applicable to a “securities intermediary” as defined in the UCC) to the contrary, none of the Collateral Agent, the Collateral Custodian nor any securities intermediary shall be under any duty or obligation in connection with the acquisition by the Borrower, or the grant by the Borrower to the Collateral Agent, of any Loan Asset in the nature of a loan or a participation in a loan to examine or evaluate the sufficiency of the documents or instruments delivered to it by or on behalf of the Borrower under the related Loan Agreements, or otherwise to examine the Loan Agreements, in order to determine or compel compliance with any applicable requirements of or restrictions on transfer (including without limitation any necessary consents). The Collateral Custodian shall hold any Instrument delivered to it evidencing any Loan Asset granted to the Collateral Agent hereunder as custodial agent for the Collateral Agent in accordance with the terms of this Agreement.

  • Modifications to Loan Agreement 1. The Loan Agreement shall be amended by deleting the following definition appearing in Section 1.1 thereof:

  • Performance of Obligations under Loan Documents The Borrower will pay the Notes according to the reading, tenor and effect thereof, and the Borrower will, and will cause each Subsidiary to, do and perform every act and discharge all of the obligations to be performed and discharged by them under the Loan Documents, including, without limitation, this Agreement, at the time or times and in the manner specified.

  • No Defaults on Other Agreements Except as disclosed to the Bank Parties in writing or as disclosed in General Partner’s SEC Reports existing as of the date hereof, Borrower, to the best of its knowledge, is not a party to any indenture, loan or credit agreement or any lease or other agreement or instrument or subject to any partnership, trust or other restriction which is likely to result in a Material Adverse Change. To the best of its knowledge, Borrower is not in default in any respect in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in any agreement or instrument which is likely to result in a Material Adverse Change.

Time is Money Join Law Insider Premium to draft better contracts faster.