Defaulting Investor definition

Defaulting Investor means any Investor that has (a) failed to make a payment required to be made by it under the terms of this Agreement within one (1) Business Day of the day such payment is required to be made by such Investor thereunder, (b) notified the Administrative Agent in writing that it does not intend to make any payment required to be made by it under the terms of this Agreement within one (1) Business Day of the day such payment is required to be made by such Investor thereunder or (c) become the subject of an Event of Bankruptcy.
Defaulting Investor is defined in the definition ofExclusion Event” herein.
Defaulting Investor means any Investor that has (a) failed to make a payment required to be made by it under the terms of the Series 2011-1 Class A-1 Note Purchase Agreement within one Business Day of the day such payment is required to be made by such Investor thereunder, (b) notified the Administrative Agent in writing that it does not intend to

Examples of Defaulting Investor in a sentence

  • The Company may prohibit the Defaulting Investor from purchasing additional Shares on any future Drawdown Date.

  • The Company may pursue any other remedies against the Defaulting Investor available to the Company at law or in equity.

  • In addition to the foregoing, the Company may in its discretion institute a lawsuit against the Defaulting Investor for specific performance of its obligation to pay any Drawdown Purchase Price and any other payments to be made by the Defaulting Investor pursuant to this Subscription Agreement and to collect any overdue amounts hereunder.

  • In seeking to optimise site capacity, Policy D3 ‘Optimising site capacity through the design-led approach’ expresses the importance of taking a design-led approach with a shift of focus away from density standards (to include the deletion of the former London Plan Density Matrix) towards achieving good design which responds to local context, such as character, scale, transport and infrastructure.

  • Each Borrower Party shall promptly notify Administrative Agent in writing upon becoming aware: (a) that any Investor has violated or breached any material term of the Operating Agreement or has become a Defaulting Investor; or (b) of the existence of any condition or event which, with the lapse of time or giving of notice or both, would cause an Investor to become a Defaulting Investor.


More Definitions of Defaulting Investor

Defaulting Investor shall have the meaning set forth in Section 5.5(b).
Defaulting Investor is any Investor:
Defaulting Investor means any Investor who either (a) fails to consent to the Debt Financing (or if alternative debt financing is being used, the alternative debt financing) being drawn, in accordance with Section 2.2, under definitive agreements relating to the Debt Financing or (b) defaults in its obligation to fund or consummate its commitment under its Commitment Letter.
Defaulting Investor is defined in Section 2.1(c) hereof.
Defaulting Investor is defined in Section 2.01(c) hereof.
Defaulting Investor has the meaning assigned to it in Section 8.15 hereof.