Examples of Enumerated Defaults in a sentence
The Borrower and each of the Guarantors waives notice of intent to accelerate, opportunity to cure, and notice of acceleration with respect to the Enumerated Defaults and any future Events of Default.
The occurrence of any Default or Event of Default under any one or more of the Loan Documents other than the Enumerated Defaults.
The Borrower acknowledges, confirms and agrees that (i) since February 28, 2009, a Default Period exists and (ii) the Borrower has failed to comply with at least the Enumerated Defaults, each of which presently constitutes an Event of Default and entitles the Lender to exercise its rights and remedies under the Credit Agreement and the other Loan Documents and other rights and remedies available under applicable law.
These surveys were based on SNH (2017) methodology which is designed to quantify the level of bird flight activity and distribution over the survey area.
Each Obligor confirms that no existing purchase money Debt will be paid or prepaid while an Event of Default (other than the Enumerated Defaults during the Forbearance Period) exists or would, after giving effect to such payment or pre-payment, exist and the Borrower will not amend or modify the existing terms of such Debt without the Lender’s prior written consent.
Other than with respect to the Enumerated Defaults, no condition is present which presently does or, with the lapse of time or the giving of notice, or both, would constitute an Event of Default.