No Defaults or Violations. Purchaser is not in default under any mortgage, deed of trust, indenture or other instrument or agreement to which Purchaser is a party or by which it or its properties are bound, or in violation of any law or regulation, which default or violation could have a material adverse effect on Purchaser’s ability for perform its obligations hereunder.
Appears in 8 contracts
Sources: Loan Purchase Agreement (Higher Education Funding I), Loan Purchase Agreement (Higher Education Funding I), Loan Purchase Agreement (Higher Education Funding I)
No Defaults or Violations. Purchaser is not in default under any mortgage, deed of trust, indenture or other instrument or agreement to which Purchaser is a party or by which it or its properties are bound, or in violation of any law or regulation, which default or violation could have a material adverse effect on Purchaser’s ability for to perform its obligations hereunder.
Appears in 2 contracts
Sources: Loan Purchase Agreement (Goal Capital Funding, LLC), Loan Purchase Agreement (Goal Capital Funding, LLC)
No Defaults or Violations. Purchaser Buyer is not in default under any mortgage, deed of trust, indenture or other instrument or agreement to which Purchaser Buyer is a party or by which it or its properties are bound, or in violation of any law or regulation, Law which default or violation could reasonably be expected to have a material adverse effect on Purchaser’s upon Buyer's ability for to perform its obligations hereunder.
Appears in 1 contract