Common use of Debt and Guaranty Obligations Clause in Contracts

Debt and Guaranty Obligations. Schedule 7.1(t) is a complete and correct listing of all Debt and Guaranty Obligations of each Borrower and each Subsidiary thereof as of the Closing Date in excess of $2,000,000. Each Borrower and each Subsidiary thereof has performed and is in compliance with all of the terms of such Debt and Guaranty Obligations and all instruments and agreements relating thereto, and no default or event of default, or event or condition which with notice or lapse of time or both would constitute such a default or event of default on the part of any Borrower or any Subsidiary thereof exists with respect to any such Debt or Guaranty Obligation.

Appears in 1 contract

Sources: Credit Agreement (Global Imaging Systems Inc)

Debt and Guaranty Obligations. Schedule 7.1(t7.1(s) is a complete and ----------------------------- --------------- correct listing of all Debt and Guaranty Obligations of each Borrower and each Subsidiary thereof as of the Closing Date in excess of $2,000,000750,000. Each Borrower and each Subsidiary thereof has have performed and is are in compliance with all of the terms of such Debt and Guaranty Obligations and all instruments and agreements relating thereto, and no default or event of default, or event or condition which with notice or lapse of time or both would constitute such a default or event of default on the part of any Borrower or any Subsidiary thereof exists with respect to any such Debt or Guaranty Obligation.

Appears in 1 contract

Sources: Credit Agreement (GTS Duratek Inc)

Debt and Guaranty Obligations. Schedule 7.1(t6.1(t) is a complete and ----------------------------- --------------- correct listing of all Debt and Guaranty Obligations of each Borrower and each Subsidiary thereof as of the Closing Date in excess of $2,000,0001,000,000. Each Borrower and each Subsidiary thereof has performed and is in compliance with all of the terms of such Debt and Guaranty Obligations and all instruments and agreements relating thereto, and no default or event of default, or event or condition which with notice or lapse of time or both would constitute such a default or event of default on the part of any Borrower or any Subsidiary thereof exists with respect to any such Debt or Guaranty Obligation.

Appears in 1 contract

Sources: Credit Agreement (Global Imaging Systems Inc)

Debt and Guaranty Obligations. Schedule 7.1(t) is a complete and ----------------------------- --------------- correct listing of all Debt and Guaranty Obligations of each Borrower and each Subsidiary thereof as of the Closing Date in excess of $2,000,0001,000,000. Each Borrower and each Subsidiary thereof has performed and is in compliance with all of the terms of such Debt and Guaranty Obligations and all instruments and agreements relating thereto, and no default or event of default, or event or condition which with notice or lapse of time or both would constitute such a default or event of default on the part of any Borrower or any Subsidiary thereof exists with respect to any such Debt or Guaranty Obligation.

Appears in 1 contract

Sources: Credit Agreement (Global Imaging Systems Inc)