Defaulted Party definition
Defaulted Party as defined in the First Priority Collateral Trust Agreement or (b) during any time that an Eligible Debt Agreement is outstanding, the Eligible Debt Defaulted Party.
Defaulted Party means the Senior Note Indenture Defaulted Party or the Other Indenture Debt Defaulted Party.
Examples of Defaulted Party in a sentence
After receipt of such notice, the Collateral Trustees may presume that the Other Debt Defaulted Party has the exclusive right to deliver a Collateral Trust Agreement Default Notice.