Event of Default definition

Event of Default wherever used herein, means any one of the following events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):
Event of Default has the meaning specified in Section 8.01.
Event of Default wherever used herein with respect to Securities of any series, means any one of the following events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

Examples of Event of Default in a sentence

  • In addition, the Company shall not repurchase any Notes of this series if there has occurred and is continuing on the Change of Control Payment Date an Event of Default under the Indenture, other than a default in the payment of the Change of Control Payment upon a Change of Control Triggering Event.

  • Upon the occurrence of an Event of Default specified in Sections 5(b) and 5(c), the unpaid principal balance of this Note, and all other sums payable with regard to this Note, shall automatically and immediately become due and payable, in all cases without any action on the part of Payee.

  • Upon any such waiver, such Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other Default or impair any right consequent thereon.

  • Following the enforcement of a Borrower Event of Default, the Issuer undertakes to comply with the Amortisation Test.

  • Notwithstanding the foregoing, in the case of an Event of Default arising under Section 6.01(a)(vi), all outstanding Notes will become due and payable without further action or notice.


More Definitions of Event of Default

Event of Default has the meaning assigned to such term in Article VII.
Event of Default has the meaning specified in Section 501.
Event of Default has the meaning set forth in Section 6.01.
Event of Default wherever used herein, means any one of the following events:
Event of Default means, with respect to Securities of a particular series, any event specified in Section 6.01, continued for the period of time, if any, therein designated.
Event of Default means, with respect to the Mortgage Loan, an “Event of Default” as defined in the Mortgage Loan Agreement.
Event of Default has the meaning specified in Section 5.1.