No Event Clause Samples
The "No Event" clause serves to confirm that certain specified events or conditions have not occurred as of a particular date or during a defined period. In practice, this clause is often used in contracts to assure one party that no defaults, breaches, or other triggering events—such as insolvency or legal actions—have taken place that would affect the agreement. Its core function is to provide assurance and reduce risk by requiring parties to disclose any material events that could impact the validity or performance of the contract.
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No Event. No Event or Specified Event has occurred and is continuing.
No Event of Default (as such term is defined in Section 11 of the Credit Agreement) or event or condition which with the lapse of time or giving of notice or both would constitute an Event of Default exists on the date hereof.
No Event of Default shall exist under this Agreement or the other Loan Documents at the time of the Collateral Release Request or at the time of any such release, except for any Default which is cured or remedied by the removal of such Individual Property from being a Borrowing Base Property.
No Event. The Supplier represents and warrants that neither the Supplier nor the Supplier’s Representatives are being (and the Supplier has no reason to believe that they are being) investigated or sued for any reason whatsoever, whether for fraud, economic crime, corruption, breach of trust, forgery, system intrusion or any other offence or similar criminal act likely to affect or be directly or indirectly connected to this Agreement (an “Event”). The Supplier undertakes to sign any declaration of an absence of event at the Client’s request.
No Event of Default (as such term is defined in the Loan Documents) or event or condition which with the lapse of time or giving of notice or both would constitute an Event of Default exists on the date hereof.
No Event. Insurance You hereby acknowledge that it is your personal responsibility to arrange for insurance cover for the Event. Rat Race will not provide insurance cover for Participants in the Event. Evidence of adequate medical and repatriation cover will be required for this event and if you cannot provide this you will not be allowed to take part.
No Event. There shall have been no event or series of events which has or will likely result in either alone or cumulatively a Material Adverse Effect with respect to the operations or financial condition of the Business since March 31, 1998, having regard to such operations or financial condition as a whole.
No Event of Default shall exist under this Agreement or the other Loan Documents at the time of the Additional Collateral Request or at the time of any such Individual Property becoming a Borrowing Base Property.
No Event. No Termination Event and no Cash Reserve Event and no event that, with the giving of notice or the passing of time, or both, would constitute either a Termination Event or a Cash Reserve Event shall have occurred and be continuing.
No Event of Default shall exist and no event or condition shall exist which after notice or lapse of time, or both, would constitute an Event of Default.