Common use of Absence of Default Clause in Contracts

Absence of Default. As of the date hereof after giving effect hereto, there exists no Event of Default or Potential Event of Default under the Credit Agreement.

Appears in 27 contracts

Sources: Credit Agreement, Debtor in Possession Credit Agreement (Intermet Corp), Debt Agreement

Absence of Default. As of the date hereof after giving effect hereto, there exists no Event of Default or Potential Event of Default under the Credit Agreement.

Appears in 4 contracts

Sources: Revolving Credit and Participation Agreement (Covanta Energy Corp), Revolving Credit and Participation Agreement (Covanta Energy Corp), Credit Agreement (Thane International Inc)

Absence of Default. As of the date hereof after giving effect hereto, there exists no Event of Default or Potential Event of Default under the Credit Agreement.

Appears in 1 contract

Sources: Debtor in Possession Credit Agreement (Covanta Energy Corp)

Absence of Default. As of the date hereof after giving effect hereto, there exists no Event of Default or Potential Event of Default under the Credit Agreement, other than the Designated Payment Defaults (as defined in subsection 10.27 of the Credit Agreement).

Appears in 1 contract

Sources: Revolving Credit and Participation Agreement (Covanta Energy Corp)