Insolvency Event of Default definition

Insolvency Event of Default means any Insolvency Event which is also an Event of Default.
Insolvency Event of Default. With respect to any Series, the meaning specified in the related Indenture Supplement.
Insolvency Event of Default means (a) prior to the Discharge of Senior Priority Obligations, an Event of Default which is continuing under Section 7.01(h) or (i) of the Senior Secured Credit Agreement or an equivalent insolvency event of default which is continuing under any Additional Senior Priority Debt Documents, (b) on or after the Discharge of Senior Priority Obligations but prior to the Discharge of the Second Priority Debt Obligations (if applicable), an event of default under an “insolvency” event of default which is continuing under any Second Priority Debt Documents and the relevant Representative has declared by written notice to the relevant Debtors that an “Insolvency or Liquidation Proceeding” has occurred and (c) on or after (x) the Discharge of Senior Priority Obligations and (y) the Discharge of Second Priority Debt Obligations, an event of default under an “insolvency” event of default which is continuing under any Senior Subordinated Priority Debt Documents and the relevant Representative has declared by written notice to the relevant Debtors that an “Insolvency or Liquidation Proceeding” has occurred.

Examples of Insolvency Event of Default in a sentence

  • Subject to the terms and conditions herein contained and in reliance upon the representations and warranties of the Loan Parties herein contained, effective upon the Second Restatement Date, the Administrative Agent, the FILO Documentation Agent and the Lenders hereby waive for any and all purposes of the Existing Credit Agreement and the other Loan Documents, the Specified Insolvency Event of Default.


More Definitions of Insolvency Event of Default

Insolvency Event of Default. With respect to the Series 20[ ]-[ ], any Event of Default specified in Sections 6.02(e) or (f).
Insolvency Event of Default means any of the events listed in limb (a) of the definition of Supplier Default;
Insolvency Event of Default means items 4, 5 and 6 set forth in the definition ofEvent of Default.”
Insolvency Event of Default means any Insolvency Event which is also an Event of Default;
Insolvency Event of Default means the Event of Default specified in Section 7.1(11) of the Indenture.
Insolvency Event of Default as defined in subsection 2.16(a).
Insolvency Event of Default means an Event of Default which is continuing under Section 11.01(e), (m), (n) or (o) (Events of Default) of the First Lien Credit Agreement or any equivalent insolvency Event of Default provision under an Additional Senior Debt Facility or any Second Priority Financing Agreement.