Example ContractsClausesabsence of valid designationVariants
Absence of Valid Designation
Absence of Valid Designation contract clause examples

Absence of Defaults. As of the Effective Date, immediately after giving effect to this Second Amendment, no event shall have occurred and be continuing that would constitute a Default or an Event of Default.

No Default or Event of Default. At the time of and immediately after giving effect to this Amendment, no Default or Event of Default shall have occurred and be continuing.

Default or Event of Default. As of the Amendment Effective Date, no event shall have occurred and be continuing that would constitute an Event of Default or a Default (except for the Specified Default);

No Event of Default. Immediately after giving effect to this Amendment, no Potential Default or an Event of Default has occurred and is continuing or exists.

Both before and after giving effect to this Amendment, as of the Amendment No. 1 Effective Date, no Event of Default shall have occurred and be continuing.

Both before and immediately after giving effect to this Amendment, no Default or Event of Default shall have occurred and be continuing.

Absence of Defaults. As of the Effective Date, immediately after giving effect to this Fourth Amendment and Waiver, no event shall have occurred and be continuing that would constitute a Default or an Event of Default.

No Default. After giving effect to this Amendment, no Default or Event of Default shall have occurred and be continuing.

No Default. As of the date hereof, after giving effect to this Amendment, no Default or Event of Default has occurred which is continuing.

As of the Amendment Effective Date, no Event of Default exists, or shall occur as a result of the transactions contemplated by this Amendment.

No Default. As of the date of this Amendment, both before and immediately after giving effect to this Amendment, no Default or Event of Default has occurred and is continuing.

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.