Covenant Default definition

Covenant Default means an Event of Default described in clause (c) and (d) of the section “SUMMARY OF CERTAIN PROVISIONS OF THE INDENTUREEvents of Default.”
Covenant Default has the meaning provided in Section 20(a)(vi).
Covenant Default has the meaning specified in Section 5.15.

Examples of Covenant Default in a sentence

  • No other defaults under or breaches of the Indenture or terms of the Notes will result in an Event of Default, whether after notice, the passage of time or otherwise, and therefore none of such events (even if constituting a Covenant Default) will result in a right of acceleration of payment of the outstanding principal amount of the Notes.


More Definitions of Covenant Default

Covenant Default means, with respect to any Guarantor, that either (i) such Guarantor fails to perform or observe any term, covenant or agreement contained in Section 10(b) of this Guaranty Agreement or (ii) such Guarantor fails to perform or observe any agreement or covenant contained in Section 10(a) of this Guaranty Agreement, and, in the case of this clause (ii), such failure shall not be remedied within 30 days after any Responsible Officer of such Guarantor obtains actual knowledge thereof.
Covenant Default means (i) a material breach or violation by the ---------------- Corporation of any of the terms or provisions set forth in this Article IV(B) (other than any such breach or violation of Sections 8(b) or 8(c) hereof, or constituting either a Financial Default or a Dividend Default), which breach or violation remains uncured 30 days after written notice thereof is given to the Corporation or (ii) any breach or violation of Sections 8(b) or 8(c) hereof.
Covenant Default means any event (other than a Payment Default) the occurrence of which entitles one or more Persons to accelerate the maturity of any Designated Senior Indebtedness.
Covenant Default means a default in the performance, or breach, of any covenant or warranty of the Company in the Indenture (other than a covenant or warranty that has been included solely for the benefit of Securities of another series), and a continuance of such default or breach for a period of 90 days after there has been given, by registered or certified mail, to the Company by the Trustee, or to the Company and the Trustee by the Holders of a majority in principal amount of the Outstanding Securities of such series, a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a “Notice of Default.”
Covenant Default shall have the meaning specified in section 1.4. -------- -------
Covenant Default means a default in the performance, or breach, of any covenant or warranty of the Company in the Indenture (other than a covenant or warranty that has been included solely for the benefit of Securities of another series), and a continuance of such default or breach for a period of 90 days after there has been given, by registered or certified mail, to the
Covenant Default means any Event of Default (other than a Payment Default) with respect to any Sanwa Debt which is described in the definition of "Event of Default" in the Sanwa Loan Agreement (excluding clauses (f), (g),(h) and (j) thereof).