Default Event definition
Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.
Default Event means the occurrence of any of the following events:
Examples of Default Event in a sentence
The Administrative Agent shall be deemed not to have knowledge of any Default or Event of Default or any other matter unless and until written notice describing such Default, Event of Default or other matter is given to the Administrative Agent by the Borrower Agent or a Lender.
As described above, however, no Default, Event of Default or breach of any kind shall be deemed to have occurred as a result of or on the Reversion Date occurring on the basis or as a result of any actions taken or the continuance of any circumstances resulting from actions taken or the performance of obligations under agreements entered into by Holdings or any of the Restricted Subsidiaries during the Suspension Period.
More Definitions of Default Event
Default Event means those events listed in clause 18.2.
Default Event means a General Default or a Project Default;
Default Event means any of the circumstances set forth in Article 7 hereof.
Default Event means an event where:
Default Event means any of the following events: (1) any time when the Company fails to make a mandatory redemption of the Senior Preferred Stock when required (whether or not any contractual or other restrictions apply to such redemption) pursuant to paragraph (e)(ii) hereof; or (2) any time when the Company fails to make an offer to repurchase all of the outstanding shares of Senior Preferred Stock following a Change of Control, if such offer to repurchase is required to be made pursuant to paragraph (g)(i) hereof (whether or not any contractual or other restrictions apply to such redemption).
Default Event means any of the following:
Default Event means any acts or omissions on the part of