Common use of Subordinated Debt Documents Clause in Contracts

Subordinated Debt Documents. No “default” or “event of default” (as defined in any Subordinated Debt Document), or event with which the passage of time or the giving of notice, or both, would cause a default or event of default exists, nor will exist immediately after the granting of any Loan or the issuance of any Letter of Credit under this Agreement.

Subordinated Debt Documents. No “default” or “event of default” (as defined in any Subordinated Debt DocumentDocument or in the Xxxxxxx Note), or event with which the passage of time or the giving of notice, or both, would cause a default or event of default default, exists, nor will exist immediately after the granting of any Loan or the issuance of any Letter of Credit under this Agreement.

Subordinated Debt Documents. No “default” or “event of default” (as each term is defined in any Subordinated Debt Document), or event with which the passage of time or the giving of notice, or both, would cause a default or event of default exists, nor will exist 102 immediately after the granting of any Loan or the issuance of any Letter of Credit under this Agreement.

Subordinated Debt Documents. No “default” or “event of default” (as each term is defined in any Subordinated Debt Document), or event with which the passage of time or the giving of notice, or both, would cause a default or event of default exists, nor will exist immediately after the granting of any Loan or the issuance of any Letter of Credit under this Agreement.