Common use of Not in Default Clause in Contracts

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.

Appears in 3 contracts

Samples: Credit Agreement (Fremont General Corp), Revolving Credit Agreement (Chemical Leaman Corp /Pa/), Revolving Credit Agreement (Chemical Leaman Corp /Pa/)

AutoNDA by SimpleDocs

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.

Appears in 1 contract

Samples: Credit Agreement (Chemical Leaman Corp /Pa/)

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