Other Default definition

Other Default means a breach or violation of or default under this Agreement that is not a Material Default, Service Area Default or Primary Directory Default.

Other Default has the meaning set forth in Section 5.01(y).

Other Default has the meaning set forth in Section 5.01(z).

Examples of Other Default in a sentence

• Such Other Default Interest must be invoiced separately as soon as pos- sible.

• Pecuniary settlement shall bear Other Default Interest and shall consti- tute the sole compensation of the Shipper/Operator.

• OTHER DEFAULT Should (i) the criteria set forth in Section I above not support the approval by the Chair of the Membership Subcommittee of the initiation of termination proceedings, or (ii) a Participant fail to perform any obligation under the Documents which is an Other Default, the Membership Subcommittee, upon notice of such Other Default, shall consider the issues raised by such Other Default and approve the initiation of termination proceedings or take such other action as may be appropriate.

• Such settlement shall bear Other Default Interest.This settlement will take place for the first time after the lapse of Finan- cial Year 2012.

• Other Default Risk Recovery Rates The Recovery Rates for insurers, reinsurers and captives are as follows: (a) 50% for receivables due from reinsurers; and(b) 0% for other exposure types.

More Definitions of Other Default

Other Default has the meaning set forth in the Note.

Other Default means any Event of Default under this Agreement or any of the other Loan Documents, other than a Monetary Default or a Financial Covenant Default.

Other Default has the meaning set forth in SECTION 11.02(ii).

Other Default means (i) any failure by any Amylin Party or any Grantor to perform or observe any material covenant or material agreement contained in this Note or any other Note Document and, to the extent capable of cure, such failure continues for thirty (30) days after the date on which Lilly gives Amylin notice thereof (if not capable of cure, the Other Default shall occur immediately upon the failure) or (ii) any representation or warranty made by any Amylin Party or Grantor in this Note or any other Note Document shall fail to be true and correct in any material respect when made. Notwithstanding anything to the contrary, Other Defaults shall exclude all Events of Default.

Other Default means any Event of Default other than the Existing Defaults.

Other Default. It has no actual knowledge of any default by it or the Manager under either:

Other Default means any material default by Club of the terms, covenants or agreements of this Agreement, other than a Home Territory Default.