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.