DEFAULTS AND REMEDIES definition

DEFAULTS AND REMEDIES. Comparable to Sections 501 and 502 (other than paragraph (g)) of the Indenture, except that the baskets shall be $7,500,000. COVENANTS: Covenants will be comparable to those customary for publicly traded convertible debt, and specifically including: All distributions by the Company must be pro rata. Covenants comparable to Sections 7.01 and 7.02 of the Company's Agreement of Limited Partnership (the "Partnership Agreement"). Access and information (other than monthly financials or reports) comparable to that provided to a five percent partner under Sections 7.03 and 7.04 of the Partnership Agreement. Covenants prohibiting transactions of the type described in Section 8.01(b)(ix) (also to be applicable to affiliate transactions with subsidiary partnerships) of the Partnership Agreement. Covenants comparable to Sections 801(a)(i) and (ii) (subject to subparagraphs (d) and (e)), except in the case of a Roll-Up the Company will remain the obligor under the Subordinated Notes), 1001 and 1004 of the Indenture.
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Examples of DEFAULTS AND REMEDIES in a sentence

  • Preservation and Disclosure of Lists 32 DEFAULTS AND REMEDIES Section 6.01.

  • Preservation and Disclosure of Lists 31 DEFAULTS AND REMEDIES Section 6.01.

  • Preservation and Disclosure of Lists 33 DEFAULTS AND REMEDIES Section 6.01.

  • Indemnification by ▇▇▇▇▇▇▇▇ 37 ARTICLE VII EVENTS OF DEFAULTS AND REMEDIES Section 7.01.

  • Successor Corporation Substituted 13 ARTICLE SIX DEFAULTS AND REMEDIES 13 SECTION 6.01.

  • Successor Substituted 37 ARTICLE 6 DEFAULTS AND REMEDIES Section 6.01.

  • Application of Trust Money 36 ARTICLE V DEFAULTS AND REMEDIES Section 5.01.

  • DEFAULTS AND REMEDIES 35 Section 7.1. Events of Default 35 Section 7.2. Acceleration 35 Section 7.3. Remedies; Rights of Bondholders 35 Section 7.4. Right of Bondholders to Direct Proceedings 36 Section 7.5. Application of Moneys 36 Section 7.6. Remedies Vested In Trustee 37 Section 7.7. Rights and Remedies of Bondholders 37 Section 7.8. Termination of Proceedings 38 Section 7.9. Waivers of Events of Default 38 ARTICLE VIII.

  • Every right and remedy given by this Article 6 [DEFAULTS AND REMEDIES] or by law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be.

  • Successor Substituted 34 ARTICLE 6 DEFAULTS AND REMEDIES Section 6.01.

Related to DEFAULTS AND REMEDIES

  • Permitted Remedies means, with respect to any securities, one or more of the following remedies:

  • Events of Default has the meaning specified in Section 6.01.

  • Required Percentage-Remedies shall be 66-2/3% of the aggregate Voting Rights.

  • Event of Default Under the Trust Indenture With respect to any MBS, any “Event of Default” under the Trust Indenture pursuant to which such MBS was issued. ▇▇▇▇▇▇ ▇▇▇: Federal National Mortgage Association, a body corporate organized and existing under the laws of the United States, or its successor in interest or any successor appointed as herein provided. Unless the context requires otherwise, the term “▇▇▇▇▇▇ Mae” shall be deemed to refer to the Federal National Mortgage Association acting in its corporate capacity and not in its capacity as Trustee hereunder.

  • Remedies means actions designed to restore or preserve the complainant’s equal access to education after a respondent is found responsible. Remedies may include the same individualized services that constitute supportive measures, but need not be non-punitive or non-disciplinary, nor must they avoid burdening the respondent.