Common use of No Defaults Clause in Contracts

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower Obligor or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower an Obligor or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower Obligor or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed MoneyMoney in excess of $2,000,000. There is no basis upon which any party (other than a Borrower an Obligor or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract to the best of its knowledge or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination dateIndebtedness.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower Loan Party or Restricted Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a defaultdefault by any Loan Party or Restricted Subsidiary, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) that could terminate reasonably be expected to have a Material Contract prior to its scheduled termination dateAdverse Effect.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which Money or allow termination of any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination dateContract.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of principal or interest with respect to any Borrowed Money. There Except as could not reasonably be expected to result in a Material Adverse Effect, there is no basis upon which any party (other than a Borrower or SubsidiaryBorrower) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is not in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or SubsidiaryBorrower) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Neither the Borrower or nor any Subsidiary is in material default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a material default, under any Material Contract or in Contract. To the payment of any Borrowed Money. There Borrower’s knowledge, there is no basis upon which any party (other than a the Borrower or a Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a material default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower Obligor or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in material default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a material default, under any Material Contract or in Contract. To the payment best of any Borrowed Money. There their knowledge, there is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower Loan Party or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a defaultdefault by any Loan Party or Subsidiary, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) that could terminate reasonably be expected to have a Material Contract prior to its scheduled termination dateAdverse Effect.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed MoneyMoney in excess of $10,000,000. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred and is continuing or exists that constitutes a Default or Event of Default. No Borrower Loan Party or Restricted Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under and with respect to any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) excluding Material Debt), except where such default could terminate not reasonably be expected to have a Material Contract prior to its scheduled termination dateAdverse Effect.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower Obligor or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any (other than a Material Contract with respect to Borrowed Money). There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract for cause prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed MoneyMoney with a principal aggregate amount of $5,000,000. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Neither Borrower or nor any Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower Loan Party or Restricted Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a an event of default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiaryexcluding Material Debt) except where such default could terminate not reasonably be expected to have a Material Contract prior to its scheduled termination dateAdverse Effect.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower Obligor or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any (other than a Material Contract with respect to Borrowed Money). There is no basis upon which any party (other than a Borrower Issuer or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a material default, under any Material Contract or in the payment of any Borrowed Money. There is no valid basis upon which any party (other than a Borrower or a Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.. 9.1.18

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary Obligor is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed MoneyMoney except where any of the foregoing is Properly Contested. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or an Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract contract or agreement to which Borrower or such Subsidiary is a party or in the payment of any material Borrowed Money. There is no basis upon which any party (other than a Borrower Borrowers or SubsidiarySubsidiaries) could terminate a Material Contract material contract or agreement prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed MoneyMoney which would result in an Event of Default under Section 11.1(f). There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money(other than a Material Contract related to Debt). There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract (other than a Material Contract related to Debt) prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Neither Borrower or nor Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower Loan Party or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower Loan Party or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower Obligor or Subsidiary is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower Obligor or Subsidiary) could terminate a Material Contract prior to its scheduled termination date. 9.1.18.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower Loan Party or Subsidiary thereof is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower Loan Party or Subsidiary) could terminate a Material Contract prior to its scheduled termination date.

No Defaults. No event or circumstance has occurred or exists that constitutes a Default or Event of Default. No Borrower or Subsidiary its Domestic Subsidiaries is in default, and no event or circumstance has occurred or exists that with the passage of time or giving of notice would constitute a default, under any Material Contract or in the payment of any Borrowed Money. There is no basis upon which any party (other than a Borrower or Subsidiaryits Domestic Subsidiaries) could terminate a Material Contract prior to its scheduled termination date.