Client Event of Default definition

Client Event of Default means the occurrence and continuance of any of the following events, acts, occurrences or conditions described in Paragraphs 1 through 8 below, for whatever reason:
Sample 1Sample 2Sample 3
Client Event of Default means each of the events or circumstances described as a Client default under Section 29.1 of this Agreement.
Sample 1Sample 2
Client Event of Default shall have the meaning set forth in Section 18.1(a)(ii).
Sample 1

Examples of Client Event of Default in a sentence

  • As between the Client and the Security Agent, the Charges will be enforceable, and the power of sale and other powers conferred by Section 24 of the Property Act (as varied and extended by the Debenture Terms) and all the other powers conferred on the Security Agent by the Debenture Terms will be exercisable at any time after the occurrence of a Client Event of Default.

  • The Client will, upon the occurrence of a Client Event of Default and while it is continuing, deliver to the Security Agent executed originals of all Assigned Contracts as are in effect, and will promptly deliver such notices and other documents relating to the Assigned Contracts as is necessary to create, maintain and perfect the Security expressed to be created under the Debenture Terms and such other terms as the Security Agent reasonably requires.

  • A Client Event of Default will be deemed to have occurred if any of the proceeds is used by the Client for any other purpose.

  • Subject to no winding-up having occurred in relation to the Client and no other Client Event of Default continuing, the Security Agent may (if so instructed by a majority of the Financing Parties) at any time after the crystallisation the floating Charge under Clause3.4 reconvert the fixed Charge into a floating Charge in relation to the relevant Charged Assets.

  • Upon notice or discovery of an occurrence of a Client Event of Default under the Confirmed Funding Arrangement Documents, the CFA Trustee will give written notice to the Beneficiaries to inform them of the occurrence of such Event of Default and, where possible, within 7 Business Days of such notice or discovery.

  • After the occurrence of a Client Event of Default and while it is continuing, the Client will exercise all its rights, powers and discretions under each Assigned Contract in accordance with the instructions of the Security Agent.

  • Xxxxx Fargo shall have the right to immediately terminate this Agreement upon written notice to Client in the event of a Client Event of Default.

  • Nature of the actionThe action plan aims to verify whether the vegetables can absorb HCH in the edible part for human and if different species of vegetables behave differently.The action consists in the planting of experimental gardens in surely contaminated soils around the Sacco river where the land is now subject to the prohibition of any agricultural use.Due to the shortage of time only some species of edible vegetable will be studied.

  • For a Restructured Loan, if two consecutive payments have not been paid in full, a Client Event of Default will be deemed to have occurred immediately and is continuing.

  • Upon the occurrence of a Client Event of Default, and at any time thereafter, Payplant shall have all of the rights of a secured party under the UCC and other Applicable Law.


More Definitions of Client Event of Default

Client Event of Default has the meaning set forth in Section 10.01(a)(ii).
Sample 1
Client Event of Default has the meaning set forth in Section 6.1(c).
Sample 1
Client Event of Default means that Client or any Controlling Shareholder of Client (i) is the subject of a criminal indictment or an equivalent criminal proceeding before any court or tribunal for a felony or for a crime involving moral turpitude or dishonesty (or an attempt of dishonesty) or for criminal activity that is punishable by imprisonment, (ii) is or becomes bankrupt or insolvent, or (iii) is in material breach or default under this Agreement.
Sample 1
Client Event of Default means the occurrence of any of the following events:
Sample 1

Related to Client Event of Default

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • 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.

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration 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.

  • Owner Event of Default has the meaning set forth in Section 20.3.

  • Issuer Event of Default means the occurrence of any of the following events:

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • 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:

  • 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.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

  • Event of Default has the meaning specified in Section 8.01.

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • 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):

  • Specified Event of Default means any Event of Default pursuant to Section 9.01(a), Section 9.01(f) or Section 9.01(g).

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Incipient Default means any occurrence that is, or with notice or lapse of time or both would become, an Event of Default.

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Company Event of Default bears the meaning ascribed thereto in Section 13.1; “Company Notice of Default” bears the meaning ascribed thereto in Section 13.2;