Common use of Compliance with Laws and Agreements; No Default Clause in Contracts

Compliance with Laws and Agreements; No Default. Each of Holdings, the Borrower and each Subsidiary is in compliance with (a) all Requirements of Law and (b) all indentures, agreements and other instruments binding upon it or its property, except, in the case of clause (b) of this Section, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. No Default has occurred and is continuing.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Trinet Group Inc), Assignment and Assumption (Trinet Group Inc), Credit Agreement (Trinet Group Inc)

AutoNDA by SimpleDocs

Compliance with Laws and Agreements; No Default. Each of Holdings, the Borrower and each Restricted Subsidiary is in compliance with (a) all Requirements of Law and (b) all indentures, agreements and other instruments binding upon it or its property, except, in the case of clause clauses (a) and (b) of this SectionSection 3.07, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. No Default has occurred and is continuing.

Appears in 3 contracts

Samples: Credit Agreement (Crown Castle International Corp), Credit Agreement (Crown Castle International Corp), Credit Agreement (Crown Castle International Corp)

Compliance with Laws and Agreements; No Default. Each of Holdings, the Borrower and each Subsidiary its Subsidiaries is in compliance with (a) all Requirements of Law and (b) all indentures, agreements agreements, certificates of designations and other instruments binding upon it or its property, except, in the case of clause (b) of this Section, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. No Default has occurred and is continuing.

Appears in 2 contracts

Samples: Credit Agreement (Comtech Telecommunications Corp /De/), Credit Agreement (Comtech Telecommunications Corp /De/)

Compliance with Laws and Agreements; No Default. Each of Holdings, the Borrower and each Restricted Subsidiary is in compliance with (a) all Requirements of Law and (b) all indentures, agreements and other instruments binding upon it or its property, except, in the case of clause clauses (a) and (b) of this SectionSection 3.07, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. No Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Crown Castle International Corp)

Compliance with Laws and Agreements; No Default. Each of Holdings, the Borrower and each Subsidiary is in compliance with (a) all Requirements of Law and (b) all indentures, agreements and other instruments binding upon it or its property, except, in the case of clause (b) of this Section, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. No Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Comtech Telecommunications Corp /De/)

AutoNDA by SimpleDocs

Compliance with Laws and Agreements; No Default. Each of Holdings, the The Borrower and each Subsidiary is in compliance with (ai) all Requirements of Law and (bii) all indentures, agreements and other instruments binding upon it or its property, except, in the case of clause (b) of this Sectioneach case, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. No Default or Event of Default has occurred and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Aspen Technology Inc /De/)

Compliance with Laws and Agreements; No Default. Each of Holdings, the The Borrower and each Subsidiary is in compliance with (ai) all Requirements of Law and (bii) all indentures, agreements and other instruments binding upon it or its property, except, in the case of clause (b) of this Sectioneach case, where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. No Default or Event of Default has occurred and is continuing. SECTION 3.08.

Appears in 1 contract

Samples: 96140098v24 Execution Version Credit Agreement (Aspen Technology, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.