Reporting Default definition

Reporting Default means a Default described in Section 6.01(d).

Reporting Default means a Default described in clause (4) under Section 6.01.

Reporting Default has the meaning specified in Section 5.2(b).

Examples of Reporting Default in a sentence

• Additional Interest that is payable pursuant to this Section 4.06 shall be payable in arrears on each Interest Payment Date following accrual in the same manner as regular interest on the Notes and shall be separate and distinct from, and in addition to, any Additional Interest that may accrue at the Issuer’s election as the sole remedy relating to a Reporting Default.

• On the 366th day after the occurrence of such Event of Default (if the Event of Default is not cured or waived prior to such 366th day), such Reporting Default Additional Interest will cease to accrue and the Notes will be subject to acceleration as provided in Section 6.02.

• In the following, we will use superscript (j) to denote the variables associated with consumer j.

• In the event the Company does not elect to pay the Reporting Default Additional Interest following an Event of Default in accordance with this Section 6.13, the Notes will be subject to acceleration as provided in Section 6.02.

• In addition, if a Reporting Default occurs and the Issuer fails to timely elect to pay Additional Interest pursuant to Section 9.04(b) hereof, the Notes will immediately be subject to acceleration pursuant to Section 9.02 hereof on account of such Reporting Default.

More Definitions of Reporting Default

Reporting Default means a Default described in Section 5.01(c).

Reporting Default means a Default described in clause (4) of Section 6.1 hereof.

Reporting Default means a Default described in clause (4) of Section 6.01.

Reporting Default has the meaning specified in Section 9.04(a).

Reporting Default means a Default described in clause (4) under Section 6.01 hereof.

Reporting Default means an event that, with the passage of time or the giving of notice or both, would constitute an Event of Default described in Section 501(3) of this Indenture.

Reporting Default means the failure by the Company for 180 days after notice from the Trustee or Holders of at least 25% in aggregate principal amount of the Notes then outstanding to comply with the provisions described in Section 4.03 hereof.