Buyer Event of Default Sample Clauses

Buyer Event of Default. 13.2.1 The occurrence and the continuation of any of the following events, unless any such event occurs as a result of a Force Majeure Event or a breach by the SPD of its obligations under this Agreement, shall constitute the Event of Default on the part of defaulting Buyer:
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Buyer Event of Default. The failure of Buyer to promptly redeliver the Original Note to Seller or its agent when and as required pursuant to Paragraph 7 of this Annex I (it being understood, for the avoidance of doubt, that such redelivery obligation is subject to (i) Seller’s payment in full of the Repurchase Price with respect to the applicable outstanding Transaction without application of any set off or netting and (ii) Buyer’s rights pursuant to Paragraph 11(d) of the SIFMA Master (as amended by this Annex I) to sell, dispose of or otherwise exercise remedies with respect to the Purchased Securities in connection with an Event of Default with respect to Seller) shall be an Event of Default with respect to Buyer. Upon the occurrence of any such Event of Default, Buyer shall be liable to Seller for the amount of all reasonable legal or other expenses incurred by Seller and/or Hill-Rom Finance Company LLC in connection with or as a result of such Event of Default and any other loss, damage, cost or expense directly arising or resulting from the occurrence of such Event of Default, including without limitation any costs incurred to recover the Original Note and any damages resulting from Buyer or another party acquiring the Original Note through Buyer presenting such Original Note to Hill-Rom Finance Company LLC for payment. In the event of an Event of Default with respect to Buyer, Seller shall have, in addition to its rights hereunder, any rights otherwise available to it under any other agreement or applicable law.
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Buyer Event of Default. A “Buyer Event of Default” shall be deemed to exist upon the occurrence and during the continuance of any one or more of the following events: (i) Buyer breaches a material term of this Agreement, and such breach is not cured within 60 Days following written notice from Seller; or (ii) Buyer fails to pay any amount due under this Agreement in full within 60 Days of the due date of such payment, subject to Section 17.13.
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Buyer Event of Default. A Buyer Event of Default shall occur under this Agreement upon the occurrence of any of the following events (severally “Buyer Event of Default” and collectively “Buyer Events of Default”, and together with Seller Event of Default, individually and collectively “Event of Default” and “Events of Default”):
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Buyer Event of Default. The term shall have the meaning set forth in Section 10.2.
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Buyer Event of Default. An "Event of Default" shall exist with respect to Buyer if Buyer fails to assign all right, title, ownership and interest in the Assets to Seller before the tenth Exchange Business Day following the date Seller has paid the Repurchase Price in full; provided that no Event of Default (and no event that, with the giving of notice, the passage of time, or both, would constitute such an Event of Default) exists and is continuing with respect to Seller.
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Buyer Event of Default. The occurrence of any one or more of the following events shall constitute an event of default by Buyer hereunder (each, a "Buyer Event of Default"): Buyer becomes insolvent, or generally does not pay its Debts as they become due, or admits in writing its inability to pay its Debts, or makes an assignment for the benefit of creditors or insolvency, receivership, reorganization or bankruptcy proceedings are commenced by Buyer; and such proceedings are not terminated, stayed or dismissed within sixty (60) days after the commencement thereof; Buyer fails to make payment of any amount when due (other than amounts disputed in good faith) as required to be made by Buyer to Seller, which failure continues for sixty (60) days after notice of such non-payment is given by Seller to Buyer; Any representation or warranty made by Buyer herein was false or misleading when made and such false or misleading representation by Buyer has or with lapse of time will have a material and adverse effect on Seller's ability to perform its obligations under this Agreement, including Seller's ability to perform the Work; or Buyer fails to perform or observe any of its obligations under this Agreement not otherwise specifically addressed in this Section 18.4, and such failure continues for thirty (30) days after notice is given by Seller to Buyer, except that such thirty (30) day cure period shall be extended if (i) curing such failure reasonably requires more than thirty (30) days; (ii) Buyer commences such cure within such thirty (30) day period and diligently prosecutes such cure; and (iii) such cure is accomplished within sixty (60) days after the date on which Buyer first receives a notice from Seller with respect thereto.
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Buyer Event of Default. Each of the following events shall be events of default by the Buyer (each a Buyer Event of Default"), which, if not cured within the time permitted (if any) by the Seller to cure shall give rise to the right on the part of the Seller to terminate this Agreement pursuant to Section 15.3, provided, however, that no such event shall be a Buyer Event of Default (i) if it results from a breach by the Buyer of this Agreement, or (ii) if it occurs as a result of a Force Majeure Event:
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Buyer Event of Default. (i) In the event of an uncured Buyer Event of Default, not excused by Force Majeure, Developer agrees to give written notice to Host and Host shall have a period of sixty (60) days after receipt of said notice to cure such default, provided however, that Host shall have an additional reasonable period of time thereafter not to exceed thirty (30) days to cure the Buyer Event of Default if Host uses Commercially Reasonable efforts to cure such Buyer Event of Default during the initial sixty (60) days after notice aforesaid, and Host provides reasonable written assurances that it will be able to cure such Buyer Event of Default within such a reasonable period of time thereafter.
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Related to Buyer Event of Default

  • Event of Default Any of the following shall constitute an “Event of Default”:

  • After Event of Default Borrower further agrees to pay, or reimburse Lender, for all reasonable out-of-pocket costs and expenses, including without limitation reasonable attorneys’ fees and disbursements incurred by Lender after the occurrence of an Event of Default (i) in enforcing any Obligation or in foreclosing against the Collateral or exercising or enforcing any other right or remedy available by reason of such Event of Default; (ii) in connection with any refinancing or restructuring of the credit arrangements provided under this Agreement in the nature of a “work-out” or in any insolvency or bankruptcy proceeding; (iii) in commencing, defending or intervening in any litigation or in filing a petition, complaint, answer, motion or other pleadings in any legal proceeding relating to Borrower and related to or arising out of the transactions contemplated hereby; (iv) in taking any other action in or with respect to any suit or proceeding (whether in bankruptcy or otherwise); (v) in protecting, preserving, collecting, leasing, selling, taking possession of, or liquidating any of the Collateral; or (vi) in attempting to enforce or enforcing any Lien in any of the Collateral or any other rights under the Security Instrument.

  • Default or Event of Default No Default or Event of Default hereunder has occurred or is continuing or will occur as a result of the giving effect hereto.

  • No Event of Default No Default or Event of Default has occurred and is continuing.

  • No Default or Event of Default No Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the Extension of Credit to be made on such date unless such Default or Event of Default shall have been waived in accordance with this Agreement.

  • Additional Event of Default The following will constitute an additional Event of Default with respect to Party B: "NOTE ACCELERATION NOTICE. A Note Acceleration Notice is served on Party B in relation to the Relevant Notes."

  • Waiver of Event of Default The Majority Certificateholders may, on behalf of all Certificateholders, by notice in writing to the Trustee, direct the Trustee to waive any events permitting removal of any Master Servicer under this Agreement, provided, however, that the Majority Certificateholders may not waive an event that results in a failure to make any required distribution on a Certificate without the consent of the Holder of such Certificate. Upon any waiver of an Event of Default, such event shall cease to exist and any Event of Default arising therefrom shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other event or impair any right consequent thereto except to the extent expressly so waived. Notice of any such waiver shall be given by the Trustee to the Rating Agency.

  • Notification of Event of Default Borrower shall notify Agent immediately of the occurrence of any Event of Default.

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