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Common use of NO POTENTIAL DEFAULT Clause in Contracts

NO POTENTIAL DEFAULT. No event has occurred and is continuing which constitutes a Potential Default or an Event of Default.

Appears in 10 contracts

Sources: Credit Agreement (Tandy Brands Accessories Inc), Credit Agreement (Tandy Brands Accessories Inc), Credit Agreement (Murphy Oil Corp /De)

Related Clauses

  • No Default or Event of Default
  • Default or Event of Default
  • No Material Default
  • No Event of Default
  • No Existing Default

Parent Clauses

  • REPRESENTATIONS AND WARRANTIES
  • Conditions Precedent to Closing
  • Existing Notes and Requested Financing
  • Closing Conditions
  • Notification of Additional Debt to Borrowers
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