Not in Default Sample Clauses

Not in Default. The Borrower is not in default of any obligation, covenant, or condition contained in any bond, debenture, note, or other evidence of indebtedness or any mortgage or collateral instrument securing the same.
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Not in Default. No Event of Default or other event which, with the giving of notice or the passage of time or both, would constitute an Event of Default under any Loan Document has occurred and is continuing.
Not in Default. BORROWER is not in default of any obligation, covenant or condition contained in any bond, debenture, note, or other indebtedness or any mortgage of collateral instrument securing the same.
Not in Default. Seller has not received any notice of default and, to the knowledge of any of its officers or directors, is not in default under:
Not in Default. Lessee warrants that it is not, and shall not be during the Term of this Lease, in arrears to the County for taxes or upon debt or contract and is not, and shall not be during the Term of this Lease, in default as surety, contractor or otherwise on any obligation to the County.
Not in Default. Donor warrants that it is not now, and continuously up to the time of closing will not be, in default in respect to any of its material obligations under any contract or other obligation or otherwise declared in default of any of its liabilities pertaining to the Property, and that there is not now, nor will there be at Closing, any state of facts or circumstances or condition or event which would constitute or result in any such default.
Not in Default. In the event of Tenant's default, said security deposit shall be applied, as a partial payment, on account of damages and loss or rent sustained by Landlord due to Tenant's default.
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Not in Default. Section 2.11. Xxxx has not received any notice of default and, to the knowledge of any of its officers or directors, is not in default under:
Not in Default. The Undersigned is not in default of any obligation, covenant, or condition contained in any bond, debenture, note, or other evidence of indebtedness or any mortgage, trust deed or collateral instrument securing the same.
Not in Default. The Lessee is not in default of any obligation, -------------- covenant or condition contained in any bond, debenture, note, or other evidence of indebtedness of any mortgage or collateral instrument securing the same.
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