Common use of Performance; No Default Clause in Contracts

Performance; No Default. The Company shall have performed and complied with all agreements and conditions contained in this Agreement, the Mortgage Indenture (including the Supplemental Indenture) and the First Mortgage Bond Documents to which it is a party required to be performed or complied with by it prior to or at the Closing, and after giving effect to the issue and sale of the Notes (and the application of the proceeds thereof as contemplated by Schedule 5.14) and the issue of the First Mortgage Bonds, no Default or Event of Default shall have occurred and be continuing.

Appears in 7 contracts

Samples: Note Purchase Agreement (New Jersey Resources Corp), Indenture (New Jersey Resources Corp), Indenture (New Jersey Resources Corp)

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Performance; No Default. The Company shall have performed and complied with all agreements and conditions contained in this Agreement, the Mortgage Indenture (including the Supplemental Indenture) Agreement and the First Mortgage each other Bond Documents Document to which it is a party required to be performed or complied with by it prior to or at the Closing. From the date of this Agreement until the Closing, the Company shall comply with the provisions of the Mortgage relating to the Bonds, including those referenced in Sections 9 and 10 herein. From the date of this Agreement until the Closing, before and after giving effect to the issue and sale of the Notes Bonds (and the application of the proceeds thereof as contemplated by Schedule Section 5.14) and the issue of the First Mortgage Bonds), no Default or Event of Default shall have occurred and be continuing. Section 4.3.

Appears in 6 contracts

Samples: Bond Purchase Agreement (Delmarva Power & Light Co /De/), Atlantic City Electric Co, Purchase Agreement (Delmarva Power & Light Co /De/)

Performance; No Default. The Company shall have performed and complied with all agreements and conditions contained in this Agreement, the Mortgage Indenture (including the Supplemental Indenture) Agreement and the First Mortgage each other Bond Documents Document to which it is a party required to be performed or complied with by it prior to or at the Closing. From the date of this Agreement until the Closing, the Company shall comply with the provisions of the Mortgage relating to the Bonds, including those referenced in Sections 9 and 10 herein. From the date of this Agreement until the Closing, before and after giving effect to the issue and sale of the Notes Bonds (and the application of the proceeds thereof as contemplated by Schedule Section 5.14) and the issue of the First Mortgage Bonds), no Default or Event of Default shall have occurred and be continuing.

Appears in 4 contracts

Samples: Bond Purchase Agreement (Atlantic City Electric Co), Purchase Agreement (Atlantic City Electric Co), Purchase Agreement (Delmarva Power & Light Co /De/)

Performance; No Default. The Company shall have performed and complied with all agreements and conditions contained in this Agreement, the Mortgage Indenture (including the Supplemental Indenture) and the First Mortgage Bond Documents to which it is a party required to be performed or complied with by it prior to or at the Closing, before and after giving effect to the issue and sale of the Notes (and the application of the proceeds thereof as contemplated by Schedule 5.14) and the issue of the First Mortgage Bonds, no Default or Event of Default shall have occurred and be continuing.

Appears in 4 contracts

Samples: Supplemental Indenture (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp), Purchase Agreement (New Jersey Resources Corp)

Performance; No Default. The Company shall have performed and complied with all agreements and conditions contained in this Agreement, the Mortgage Indenture (including the Supplemental Indenture) and the First Mortgage Bond Documents to which it is a party Agreement required to be performed or complied with by it prior to or at the Closing and from the date of this Agreement to the Closing assuming that Sections 9 and 10 are applicable from the date of this Agreement. From the date of this Agreement until the Closing, before and after giving effect to the issue and sale of the Notes Bonds (and the application of the proceeds thereof as contemplated by Schedule Section 5.14) and the issue of the First Mortgage Bonds), no Default or Event of Default shall have occurred and be continuing.

Appears in 3 contracts

Samples: Bond Purchase Agreement (Southwestern Public Service Co), Bond Purchase Agreement (Northern States Power Co /Wi/), Bond Purchase Agreement (Northern States Power Co /Wi/)

Performance; No Default. The Company shall have performed and complied with all agreements and conditions contained in this Agreement, the Mortgage Indenture (including the applicable Supplemental Indenture) and the applicable First Mortgage Bond Documents to which it is a party required to be performed or complied with by it prior to or at such Closing. Since the Execution Date until the Closing, before and after giving effect to the issue and sale of the Notes to be sold at such Closing (and the application of the proceeds thereof as contemplated by Schedule 5.14) and the issue of the applicable First Mortgage Bonds, no Default or Event of Default shall have occurred and be continuing.

Appears in 2 contracts

Samples: Supplemental Indenture (New Jersey Resources Corp), Purchase Agreement (New Jersey Resources Corp)

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Performance; No Default. The Company shall have performed and complied with all agreements and conditions contained in this Agreement, the Mortgage Indenture (including the Supplemental Indenture) Agreement and the First Mortgage each other Bond Documents Document to which it is a party required to be performed or complied with by it prior to or at the Closing, Closing and after giving effect to the issue and sale of the Notes Bonds (and the application of the proceeds thereof as contemplated by Schedule 5.14) and the issue of the First Mortgage BondsSection 5.13), no Default or Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Bond Purchase Agreement (Westar Energy Inc /Ks)

Performance; No Default. The Company shall have performed and complied with all agreements and conditions contained in this Agreement, the Mortgage Indenture (including the Supplemental Indenture) Agreement and the First Mortgage each other Bond Documents Document to which it is a party required to be performed or complied with by it prior to or at the Closing, Closing and after giving effect to the issue and sale of the Notes Bonds (and the application of the proceeds thereof as contemplated by Schedule Section 5.14) and the issue of the First Mortgage Bonds), no Default or Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Bond Purchase Agreement (Westar Energy Inc /Ks)

Performance; No Default. The Company shall have performed and complied with all agreements and conditions contained in this Agreement, the Mortgage Indenture (including the Supplemental Indenture) Agreement and the First Mortgage each other Bond Documents Document to which it is a party required to be performed or complied with by it prior to or at the Closing, . Before and after giving effect to the issue and sale of the Notes Bonds (and the application of the proceeds thereof as contemplated by Schedule Section 5.14) and the issue of the First Mortgage Bonds), no Default or Event of Default shall have occurred and be continuing.

Appears in 1 contract

Samples: Bond Purchase Agreement (Nevada Power Co)

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