Common use of No Event of Default or Unmatured Event of Default Clause in Contracts

No Event of Default or Unmatured Event of Default. No Event of Default or Unmatured Event of Default shall have occurred and be continuing or will result from the making of such Ongoing Maintenance Advance.

Appears in 7 contracts

Sources: Loan and Security Agreement, Loan and Security Agreement (GWG Holdings, Inc.), Loan and Security Agreement (GWG Holdings, Inc.)

No Event of Default or Unmatured Event of Default. No Event of Default or Unmatured Event of Default which has not been waived in writing by the Required Lenders shall have occurred and be continuing or will result from the making of such Ongoing Maintenance AdvanceAdvance under any of the Transaction Documents.

Appears in 5 contracts

Sources: Loan and Security Agreement (Emergent Capital, Inc.), Loan and Security Agreement (Emergent Capital, Inc.), Loan and Security Agreement (Imperial Holdings, Inc.)

No Event of Default or Unmatured Event of Default. No Event of Default or Unmatured Event of Default shall have occurred and be continuing or will result from the making of such Ongoing Maintenance the Second Initial Advance.

Appears in 1 contract

Sources: Loan and Security Agreement (GWG Holdings, Inc.)

No Event of Default or Unmatured Event of Default. No Event of Default or Unmatured Event of Default shall have occurred and be continuing or will result from the making of such Ongoing Maintenance the First Initial Advance.

Appears in 1 contract

Sources: Loan and Security Agreement (GWG Holdings, Inc.)

No Event of Default or Unmatured Event of Default. No Event of Default or Unmatured Event of Default shall have occurred and be continuing or will result from the making of such Ongoing Maintenance Advancethe first Advance on or following the Amended and Restated Closing Date.

Appears in 1 contract

Sources: Loan and Security Agreement (GWG Holdings, Inc.)