Bankruptcy Default has the meaning assigned to such term in Section 6.01.
Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.
Bankruptcy or Default means the total cessation of operations due to insolvency, with or without the filing of a bankruptcy petition by an airline, or cruise line, tour operator or other travel provider provided the Bankruptcy or Default occurs more than 14 days following Your Effective Date for the Trip Cancellation Benefits. There is no coverage for the Bankruptcy or Default of any person, organization, agency or firm from whom You purchased Travel Arrangements supplied by others.
Monetary Default shall have the meaning assigned to such term in Section 11(a).
Monetary Default Notice shall have the meaning assigned to such term in Section 11(a).
Non-Monetary Default shall have the meaning assigned to such term in Section 11(d).
Non-Monetary Default Notice shall have the meaning assigned to such term in Section 11(d).
Authority Default shall have the meaning set forth in Clause 23.2;
Bank Default means (i) the refusal (which has not been retracted) of a Bank to make available its portion of any Borrowing or to fund its portion of any unreimbursed payment under Section 2.03(c) or (ii) a Bank having notified in writing the Borrower and/or the Agent that it does not intend to comply with its obligations under Section 1.01 or Section 2, in the case of either clause (i) or (ii) as a result of any takeover of such Bank by any regulatory authority or agency.
Swap Default Any of the circumstances constituting an “Event of Default” under the Swap Agreement.
Event of Insolvency means, for any Person:
Actionable Default means the occurrence of any of the following:
Material Default means a material breach of this Framework Agreement and/or, breach by the Supplier of any of the following Clauses: Clause 8 (Warranties and Representations), Clause 9 (Prevention of Bribery and Corruption), Clause 13 (Statutory Requirements and Standards), Clause 14 (Non-Discrimination), Clause 15 (Provision of Management Information), Clause 16 (Management Charge), Clause 17 (Records and Audit Access), Clause 22 (Data Protection), Clause 23 (Freedom of Information) and Clause 31 (Transfer & Sub-contracting);
Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:
Guarantor Default means any condition or event that with the giving of notice or lapse of time or both would, unless cured or waived, become a Guarantor Event of Default.
O & M Default means any default on the part of the Power Producer for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times.
Servicing Default The meaning assigned in Section 6.01 of the Servicing Agreement.
Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.
MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);
Senior Default means any Default or Event of Default under the Senior Credit Agreement or any document referred to therein.
in default means that, as to any Mortgage Loan, any Mortgage Note payment or escrow payment is unpaid for thirty (30) days or more after its due date (whether or not the Seller has allowed any grace period or extended the due date thereof by any means) or another material default has occurred and is continuing, including the commencement of foreclosure proceedings or the commencement of a case in bankruptcy for any Customer in respect of such Mortgage Loan.
Loan Default means an event, which with the giving of notice or lapse of time or both, would become a Loan Event of Default.
Collateral Event of Default has the meaning set forth in Section 13.01(b).
Servicer Event of Default wherever used herein, means any one of the following events:
Bankruptcy Event means, with respect to any Person:
Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.