Bond Event of Default definition

Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):
Bond Event of Default has the meaning specified in Section 6.01.
Bond Event of Default means, with respect to an issue of Bonds, the occurrence of a default under the related Bond Documents (following any applicable grace period or notice and cure period but only to the extent provided in the related Bond Documents).

Examples of Bond Event of Default in a sentence

  • The Issuer shall deliver notice to the Bond Trustee forthwith upon becoming aware of any Bond Event of Default without waiting for the Bond Trustee to take any further action.

  • The only exception to this is applications for looked after children that are received by 15 February will be included with on time applications.2. Applications received after the offer date, but before the start of the school year, will be considered as they are received and in accordance with the criteria for admission.

  • For the avoidance of doubt, a Bond Event of Default shall not give the Administrative Agent the right to exercise any other remedy described in the immediately preceding paragraph, unless such Bond Event of Default, or the facts and circumstances underlying such Bond Event of Default, gives rise to another Event of Default otherwise described in Section 6.01.

  • A Partnership Loan Event of Default will also occur upon the occurrence of any Bond Event of Default which is continuing.

  • Failure of Heathrow to repay an advance on the maturity date in respect of such advance (which corresponds to the Scheduled Redemption Date of the corresponding Class or Sub-Class of Bonds) will be a Loan Event of Default under the relevant Borrower Loan Agreement, although it will not, of itself, constitute a Bond Event of Default.

  • In the event of the occurrence of a Bond Event of Default or the Bond Trustee considering it expedient or necessary or being requested by the Issuer to undertake duties which the Bond Trustee and the Issuer agree to be of an exceptional nature or otherwise outside the scope of the normal duties of the Bond Trustee under this Bond Trust Deed or any other Issuer Transaction Document the Issuer shall pay to the Bond Trustee such additional remuneration as shall be agreed between them.

  • In addition, up to the Final Security Discharge Date, the Security shall become enforceable following an Event of Default or a Further Secured Bond Event of Default, subject to and in accordance with the provisions of Condition 2 and the relevant Bond Security Documents.

  • The Sponsor may at its option (subject to the conditions set forth below) substitute at any time, and from time to time, one issue of multifamily housing revenue bonds (each, a “Substitute Bond”) for (a) an issue of Bonds with respect to which a Bond Event of Default exists, or (b) a Pre-Selected Bond, solely if the Sponsor has elected to effect a substitution of such Pre-Selected Bond in connection with the sale of the related Pre-Selected Mortgaged Property pursuant to Section 3.26 hereof.

  • Following an Event of Default or Further Secured Bond Event of Default, the Security shall become enforceable, subject to and in accordance with the provisions of Condition 2.

  • For further details as to the circumstances where substitutions and disposals are permitted pursuant to the terms of the Partnership Transaction Documents, see the section of this document entitled "Substitution, Alteration and Disposal of Mortgaged Properties".Relationship between Partnership Loan and the Bonds The service of a Partnership Enforcement Notice will constitute a Bond Event of Default.


More Definitions of Bond Event of Default

Bond Event of Default means, with respect to the CEI Bonds, the OE Bonds or the TE Bonds, any Event of Default (as such term is defined in the related Bond Indenture); provided that an Event of Default (as such term is defined in each Bond Indenture) under one of the Bond Indentures will not result in the occurrence of a Bond Event of Default under the other Bond Indentures.
Bond Event of Default means the events of default in respect of the Bonds set out in Condition 11(a) (Bond Events of Default).
Bond Event of Default means an "Event of Default" under, and as defined in, the Bond Indenture.
Bond Event of Default means the occurrence of any of the following:
Bond Event of Default means any event or condition defined as an "Event of Default" in Section 901 of the Bond Indenture.
Bond Event of Default means an "Event of Default" as such term is defined in the Bond Indenture.

Related to Bond Event of Default

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Event of Default wherever used herein, means any one of the following events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):