DEFAULT UNDER AGREEMENTS Clause Samples
DEFAULT UNDER AGREEMENTS. The consummation of the transactions ------------------------ contemplated hereby shall not cause the Company to be in default under any material agreement or instrument to which it is a party or by which it or any of its properties are bound, the result of which could have a Company Material Adverse Effect.
DEFAULT UNDER AGREEMENTS. Seller has received no written notice of any failure to comply with the requirements of: (i) any insurance policy insuring the Property; (ii) any board of fire underwriters or other body exercising similar functions; or (iii) any mortgage securing the Property, which failure has not been cured. Further, Seller has received no written notice from any insurer advising Seller of a condition on the Property which would render any insurance policy void or voidable.
DEFAULT UNDER AGREEMENTS. The Company (i) is in good standing and entitled to all benefits under, (ii) has performed all obligations required to be performed under, and (iii) are not in default under, or in breach of, any written or oral contracts, agreements, indentures, instruments, commitments, licenses or permits applicable to any of them.
DEFAULT UNDER AGREEMENTS. An "Event of Default" (as therein defined) shall occur with respect to (i) the performance or observance by the Borrower or MI or any Subsidiary of the Borrower of any of its or their obligations under any of the Credit Documents to which any of them is a party or (ii) the performance or observance by any Guaranteeing Affiliate of any of its or their obligations under a Guaranty; or
DEFAULT UNDER AGREEMENTS. 38 (i) Approval by Board of Directors of Alloy and Acquistion Sub................. 38 (j) Evidence of Corporate Authority............................................ 38 (k) Change of Name............................................................. 38 5.3 Conditions to Obligations of MarketSource.................................. 39 (a) Representations and Warranties of Alloy and Acquisition Sub................ 39 (b) Performance of Obligations of Alloy and Acquisition Sub.................... 39 (c) Related Agreements......................................................... 39 (d) Opinion of Counsel for Alloy............................................... 39 (e) Stock Certificates......................................................... 39 (f) Closing Cash Payment....................................................... 39 (g) Evidence of Corporate Authority............................................ 39
DEFAULT UNDER AGREEMENTS. 44 (m) Closing Date...................................................44 (n) Evidence of Corporate Authority...................................44 6.3 CONDITIONS TO OBLIGATIONS OF CASS AND STOCKHOLDER.................44 (a) Representations and Warranties of Alloy...........................45 (b) Performance of Obligations of Alloy and Acquisition Sub...........45 (c)
DEFAULT UNDER AGREEMENTS. (a) The Company is not, and will not, with the lapse of time, or by the execution of this Agreement, become:-
(i) in default under any agreement or covenant to which it is a party or in respect of any other obligations or restrictions binding upon it;
(ii) in default under any obligations existing by reason of membership of any association or body; or
(iii) liable in respect of any representation or warranty (whether express or implied) or any matter giving rise to a duty of care on its part.
(b) No party to any agreement with the Company is in default under it, to a degree which is or would be material in the context of the Company's financial or trading position and there are no circumstances likely to give rise to such a default.
DEFAULT UNDER AGREEMENTS. WCEH is not:
(a) in default under a material agreement or arrangement to which it is a party, or in respect of another material obligation or restriction by which it is bound;
(b) liable in respect of an express warranty.
DEFAULT UNDER AGREEMENTS. No Credit Party is in default in any material respect in the performance, observance, or fulfillment of any of the obligations, covenants, or conditions contained in any agreement or instrument material to its business to which it is a party.
DEFAULT UNDER AGREEMENTS. The consummation of the transactions contemplated hereby shall not cause CASS to be in default under any material agreement or instrument to which it is a party or by which it or any of its properties are bound, the result of which could have a CASS Material Adverse Effect.