Borrower Event of Default definition

Borrower Event of Default has the meaning set forth in Section 6.3.

Borrower Event of Default means, with respect to any Securities Borrowing Agreement, the occurrence of an Event of Default (as defined therein) or Default (as defined therein) entitling Lender to terminate Loans thereunder.

Borrower Event of Default has the meaning assigned to that term in Section 7.2.

Examples of Borrower Event of Default in a sentence

• Following the enforcement of a Borrower Event of Default, the Issuer undertakes to comply with the Amortisation Test.

• Upon the occurrence of a Hedging Rating Trigger Event, and, as applicable, upon the occurrence of any Borrower Event of Default, the Issuer undertakes to take all reasonable steps to implement the Hedging Strategy as described under section "Hedging Strategy" of this Base Prospectus.

• Following the enforcement of a Borrower Event of Default subject to, and in accordance with, the relevant terms of the Borrower Facility Agreement, the Issuer undertakes to comply with the Amortisation Test.

• Following the enforcement of a Borrower Event of Default subject to, and in accordance with, the relevant terms of the Borrower Facility Agreement, the Issuer undertakes to comply with the Amortisation Test as described under section "Asset Monitoring" of this Base Prospectus.

• A non compliance with the Asset Cover Test will not constitute an Issuer Event of Default or a Borrower Event of Default.

More Definitions of Borrower Event of Default

Borrower Event of Default means an Event of Default with respect to a Borrower (A) of any of the types described in paragraphs (f), (h), (i), (j), (k) or (l) of Section 8.1, (B) arising from such Borrower’s failure to comply with any of the covenants set forth in Sections 6.3, 6.6 and 7.3, or (C) arising from such Borrower’s failure to maintain the status, registration and qualifications of such Borrower and its Related Funds under the ICA and the Code in accordance with Section 6.9. “Borrower Default” shall mean any event giving rise to a Borrower Event of Default, whether or not any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied.

Borrower Event of Default an “Event of Default” as defined in the Indenture.

Borrower Event of Default has the meaning provided in Section 21(a) (Events of Default).

Borrower Event of Default. , "Unmatured Guarantor Event of Default" or "Unmatured Borrower Event of Default" (as such terms are defined in the Bridge Agreement) exists under the Bridge Agreement.

Borrower Event of Default means an Event of Default under Section 6.1.

Borrower Event of Default means the occurrence of one or more of any of the following events:

Borrower Event of Default shall exist under this Agreement and each WIFIA Loan Agreement if any of the following occurs; provided that any event described in Section 21(a)(vii) (