Train Operator Events of Default 35 Sample Clauses

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Train Operator Events of Default 35. 1.2 Notification 35

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Related to Train Operator Events of Default 35

• Train Operator Events of Default The following are Train Operator Events of Default:

• Events of Default Any of the following shall constitute an Event of Default:

• Events of Default by Seller In addition to the Events of Default described in Section 9.1, each of the following shall constitute an Event of Default by Seller hereunder:

• Events of Default Defined The following shall each constitute an "Event of Default" hereunder:

• Developer Event of Default Any of the following events shall constitute an event of default by the Developer ("Developer Event of Default") unless such event has occurred as a result of a Force Majeure Event or the Authority Event of Default or any governmental action for reasons other than any breach, default or lapse on the part of the Developer:

• Events of Default Remedies If any of the following events (“Events of Default”) shall occur:

• Notice of Events of Default The Issuer shall give a Responsible Officer of the Indenture Trustee and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.

• Consequences of Events of Default and Corrective Action If an Event of Default occurs, the Province may, at any time, take one or more of the following actions:

• Events of Default and Remedies Section 8.01

• EVENTS OF DEFAULTS AND CONSEQUENCES 9.1 Subject to the Force Majeure clause, the Promoter shall be considered under a condition of Default, in the following events: