Absence of Defaults definition

Absence of Defaults neither the Guarantor, the Borrower or any Subsidiary is in default under its constitutive documents, and no event has occurred, which has not been remedied, cured or waived:
Sample 1

Examples of Absence of Defaults in a sentence

  • The Indenture and the Securities will conform to the descriptions thereof contained in the Time of Sale Prospectus as amended or supplemented with respect to such Securities; (k) Absence of Defaults and Conflicts.

  • Absence of Defaults or Violations277 The owner cannot have outstanding notices of default (NOD) or notices of278 violation (NOV) with any business agreements with HUD.

  • Absence of Defaults and ------------------------------------------------------------ Material Adverse Effect.

  • Absence of Defaults and Conflicts Resulting from the Transactions.

  • It is therefore expected thatTable 3 The results of using different amounts of silica-supported Preyssler nanoparticles in the synthesis of derivatives of 4(3H)-quina- zolinones under refluxing condition in 5 mmol CH3CN at 82 °C.Entry R R’ Time/min Catalyst amount/ Yield/% amol%1H(H14[NaP5W30O110])/SiO2 will exhibit the same catalytic character- istics of classical Preyssler catalysts.

  • Such deposited Offered Shares by the Selling Shareholder are freely transferrable by the Selling Shareholder.(j) Absence of Defaults and Conflicts Resulting from Transaction.

  • Authorization, Representations and ------------------------------------------------------------ Warranties and Absence of Defaults.

  • Section 3.01 Due Organization and Good Standing of the Company 10 Section 3.02 Good Standing of Subsidiaries 10 Section 3.03 Capitalization 10 Section 3.04 Authorization of Agreements; Enforceability 11 Section 3.05 Absence of Defaults and Conflicts 11 Section 3.06 Governmental Approvals 12 Section 3.07 Authorization of the Shares 12 Section 3.08 Reports 13 Section 3.09 Financial Statements; Controls.

  • We hope this arrived safely - you can begin this survey from Monday 22nd July until Sunday 18th August (extended date).

  • Neither the Company nor any subsidiary owns any real property.(r) Absence of Defaults and Conflicts Resulting from Transaction.

Related to Absence of Defaults

  • Notice of Default means a written notice of the kind specified in Section 501(4).

  • Existing Defaults means, collectively, the Events of Default identified on Exhibit A hereto.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Material Default means a material breach of this Framework Agreement and/or, breach by the Supplier of any of the following Clauses: Clause 8 (Warranties and Representations), Clause 9 (Prevention of Bribery and Corruption), Clause 13 (Statutory Requirements and Standards), Clause 14 (Non-Discrimination), Clause 15 (Provision of Management Information), Clause 16 (Management Charge), Clause 17 (Records and Audit Access), Clause 22 (Data Protection), Clause 23 (Freedom of Information) and Clause 31 (Transfer & Sub-contracting);

  • Default means any event that is, or with the passage of time or the giving of notice or both would be, an Event of Default.

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Event of Default has the meaning specified in Section 8.01.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Incipient Default means any occurrence that is, or with notice or lapse of time or both would become, an Event of Default.

  • Minor Default means any Event of Default that is not a Major Default.

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

  • Owner Event of Default shall have the meaning set forth in Section 12.3 hereof

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Loan Default means an event, which with the giving of notice or lapse of time or both, would become a Loan Event of Default.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).