Common use of No Event of Default; Satisfaction of Financial Covenants Clause in Contracts

No Event of Default; Satisfaction of Financial Covenants. On the Closing Date, no Event of Default or Unmatured Event of Default shall exist and all of the financial covenants contained in Article IX shall be satisfied.

Appears in 3 contracts

Samples: Term Loan Agreement (Chelsea Property Group Inc), Credit Agreement (CPG Partners Lp), Credit Agreement (Chelsea Property Group Inc)

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No Event of Default; Satisfaction of Financial Covenants. On the Closing Date, no Event of Default or Unmatured Event of Default shall exist and all of the financial covenants contained in Article ARTICLE IX shall be satisfied.

Appears in 3 contracts

Samples: Term Loan Agreement (Chelsea Gca Realty Inc), Term Loan Agreement (Chelsea Gca Realty Partnership Lp), Credit Agreement (Chelsea Gca Realty Inc)

No Event of Default; Satisfaction of Financial Covenants. On the Closing DateDate and after giving effect to the disbursement of the Loan, no Event of Default or Unmatured Event of Default shall exist and all of the financial covenants contained in Article IX Articles VII and VIII shall be satisfied.

Appears in 2 contracts

Samples: Credit Agreement (Manufactured Home Communities Inc), Credit Agreement (Manufactured Home Communities Inc)

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No Event of Default; Satisfaction of Financial Covenants. On the Closing Effective Date, no Event of Default or Unmatured Event of Default shall exist and all of the financial covenants contained in Article ARTICLE IX shall be satisfied.

Appears in 1 contract

Samples: Credit Agreement (Chelsea Gca Realty Inc)

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