Customer Event of Default definition

Customer Event of Default has the meaning indicated in Section 12.
Sample 1Sample 2Sample 3
Customer Event of Default means any failure by the Customer to comply with this Model Standing Offer including, but not limited to any one or more of the following:
Sample 1Sample 2Sample 3
Customer Event of Default is defined in Section 18.1.
Sample 1Sample 2Sample 3

Examples of Customer Event of Default in a sentence

  • The Freight Customer shall notify Network Rail promptly on becoming aware of the occurrence of a Freight Customer Event of Default.

  • If Customer fails to return the CPE within the above time period, then such failure shall constitute a Customer Event of Default hereunder and Cause under the Master Terms.

  • Network Rail may serve a Suspension Notice where a Freight Customer Event of Default has occurred and is continuing.

  • A&M System will receive quarterly reporting as verification of performance payments paid by BPMN pharmacy providers.

  • The Monthly Services Fee shall be adjusted for any period in which GEM is providing Continuation Assistance after a Customer Event of Default or a Section 2.5(g) Termination notice by GEM as follows: (i) For the month beginning with the date which is [1] month after a Customer Event of Default or a Section 2.5(g) Termination notice by GEM, the Monthly Fee will be increased by 100% of the monthly services fee.

  • In the event Continuation Services are provided following a Customer Event of Default or a Section 2.5(g) termination, the Monthly Services Fee payable by Customer shall escalate in accordance with the payment schedule in Exhibit C hereof.

  • Network Rail may serve a Termination Notice on the Freight Customer where: the Freight Customer fails to comply with any material restriction in a Suspension Notice; the Freight Customer fails to comply with its obligations under paragraph 2.5.3; [Not used]; or the Freight Customer Event of Default specified in a Suspension Notice served by Network Rail is not capable of being remedied and 3 months have elapsed from the service of that Suspension Notice.

  • If there is an alleged Customer Event of Default as provided above, then CUSTOMER shall have an opportunity to cure such Customer Event of Default as provided for herein.

  • A Customer Event of Default or a default under a related agreement or obligation (as described in Article 17) by Customer shall void the Option, notwithstanding that Customer may have given notice of its intent to exercise the Option before such Customer Event of Default or a default under a related agreement or obligation.

  • The current method on inspection of timbers is done based on wood anatomy which often enables identification of the timber into genus only.


More Definitions of Customer Event of Default

Customer Event of Default has the meaning ascribed thereto in Section 16.02;
Sample 1
Customer Event of Default has the meaning indicated in Section 12. “Customer Group” means, collectively, Customer, its parents and Affiliates, its Agents, and its and their respective managing members, general and limited partners, officers, directors, employees, and other representatives.
Sample 1

Related to Customer Event of Default

  • Owner Event of Default has the meaning specified in Section 16.2.

  • 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).

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

  • 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):

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

  • Senior Event of Default means an Event of Default under (and as defined in) the Senior Facilities Agreement.

  • 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;

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

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

  • Specified Event of Default means any Event of Default under Section 8.01(a), (f) or (g).

  • 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.

  • 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)).

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • 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):

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

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

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

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

  • 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.

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

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

  • Mortgage Loan Event of Default means an “Event of Default” as defined in the Mortgage Loan Agreement.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

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

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

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