Common use of Performance; No Event of Default Clause in Contracts

Performance; No Event of Default. The Borrowers shall have performed and complied with all terms and conditions herein required to be performed or complied with by them prior to or at the time of any Loan, and at the time of any Loan, there shall exist no Event of Default or condition which would result in an Event of Default upon consummation of such Loan (including without limitation any amounts to be drawn under a Letter of Credit). Each request by the Borrowers for a Loan (including without limitation each request for issuance of a Letter of Credit) subsequent to the first Loan shall constitute certification by the Borrowers that the conditions specified in ss.ss.10.1 and 10.2 will be duly satisfied on the date of such Loan or Letter of Credit issuance.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Mastec Inc), Revolving Credit and Term Loan Agreement (Casella Waste Systems Inc), Revolving Credit Agreement (Superior Services Inc)

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Performance; No Event of Default. The Borrowers shall have performed and complied with all terms and conditions herein required to be performed or complied with by them the Borrowers prior to or at the time of any Loan, and at the time of any Loan, there shall exist no Event of Default or condition which would result in an Event of Default upon consummation of such Loan (including without limitation any amounts to be drawn under a Letter of Credit). Each request by the Borrowers for a Loan (including without limitation each request for issuance of a Letter of Credit) subsequent to the first Loan shall constitute certification by the Borrowers that the conditions specified in ss.ss.10.1 Sections 10.1 and 10.2 will be duly satisfied on the date of such Loan or Letter of Credit issuance.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit Agreement (Waste Connections Inc/De), Revolving Credit Agreement (Waste Connections Inc/De)

Performance; No Event of Default. The Borrowers Borrower shall have performed and complied with all terms and conditions herein required to be performed or complied with by them the Borrower prior to or at the time of any Loan, and at the time of any Loan, there shall exist no Event of Default or condition which would result in an Event of Default upon consummation of such Loan (including without limitation any amounts to be drawn under a Letter of Credit). Each request by the Borrowers Borrower for a Loan (including without limitation each request for issuance of a Letter of Credit) subsequent to the first Loan shall constitute certification by the Borrowers Borrower that the conditions specified in ss.ss.10.1 Sections 10.1 and 10.2 will be duly satisfied on the date of such Loan or Letter of Credit issuance.

Appears in 1 contract

Samples: Revolving Credit Agreement (Iteq Inc)

Performance; No Event of Default. The Borrowers shall have performed and complied with all terms and conditions herein required to be performed or complied with by them the Borrowers prior to or at the time of any Loan, and at the time of any Loan, there shall exist no Event of Default or condition which would result in an Event of Default upon consummation of such Loan (including without limitation any amounts to be drawn under a Letter of Credit). Each request by the Borrowers for a Loan (including without limitation and each request for issuance issuance, extension or renewal of a Letter of Credit) Credit subsequent to the first Loan Closing Date shall constitute certification by the Borrowers that the conditions specified in ss.ss.10.1 SECTIONS 11.1 and 10.2 11.2 will be duly satisfied on the date of such Loan or Letter of Credit issuance.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Nationsrent Inc)

Performance; No Event of Default. The Borrowers shall have performed and complied with all terms and conditions herein required to be performed or complied with by them the Borrowers prior to or at the time of any Loan, and at the time of any Loan, there shall exist no Event of Default or condition which would result in an Event of Default upon consummation of such Loan (including without limitation any amounts to be drawn under a Letter of Credit). Each request by the Borrowers for a Loan (including without limitation and each request for issuance issuance, extension or renewal of a Letter of Credit) Credit subsequent to the first Loan Closing Date shall constitute certification by the Borrowers that the conditions specified in ss.ss.10.1 and 10.2 will be duly satisfied on the date of such Loan or Letter of Credit issuance.

Appears in 1 contract

Samples: Revolving Credit Agreement (Nationsrent Inc)

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Performance; No Event of Default. The Borrowers shall have performed and complied with all terms and conditions herein required to be performed or complied with by them the Borrowers prior to or at the time of any Loan, and at the time of any Loan, there shall exist no Event of Default or condition which would result in an Event of Default upon consummation of such Loan (including without limitation any amounts to be drawn under a Letter of Credit). Each request by the Borrowers for a Loan (including without limitation each request for issuance of a Letter of Credit) subsequent to the first Loan shall constitute certification by the Borrowers 61 -55- that the conditions specified in ss.ss.10.1 Sections 10.1 and 10.2 will be duly satisfied on the date of such Loan or Letter of Credit issuance.

Appears in 1 contract

Samples: Revolving Credit Agreement (Waste Connections Inc/De)

Performance; No Event of Default. The Borrowers shall have performed and complied with all terms and conditions herein required to be performed or complied with by them the Borrowers prior to or at the time of any Loan, and at the time of any Loan, there shall exist no Event of Default or condition which would result in an Event of Default upon consummation of such Loan (including without limitation any amounts to be drawn under a Letter of Credit). Each request by the Borrowers for a Loan (including without limitation and each request for issuance issuance, extension or renewal of a Letter of Credit) Credit subsequent to the first Loan Closing Date shall constitute certification by the Borrowers that the conditions specified in ss.ss.10.1 ss.ss.11.1 and 10.2 11.2 will be duly satisfied on the date of such Loan or Letter of Credit issuance.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Nationsrent Inc)

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