Common use of Absence of an Event of Default Clause in Contracts

Absence of an Event of Default. There has been no occurrence of any Default or Event of Default under the Master Facility Loan Agreement, any Sub-Loan Agreements or other Sub-Loan Documents and/or the exercise by Lender of any and all of its available rights and remedies with respect thereto.

Absence of an Event of Default. There has been no occurrence of any Default or Event of Default under the Master Facility Loan Agreement, any Sub-Loan Agreements Agreement or other Sub-Loan Documents and/or the exercise by Lender of any and all of its available rights and remedies with respect thereto.