Event of Default Date definition

Event of Default Date has the meaning given to it in Section 13.2.
Sample 1Sample 2
Event of Default Date. The Electing Shareholder shall also specify in the Event of Default Notice which of the following remedies that it elects with respect to such Event of Default (it being agreed that the Electing Shareholder may specify any single remedy, all remedies together, or any combination of remedies, in each case subject to the limitations contained within such remedies):
Sample 1Sample 2
Event of Default Date means the date on which an Event of Default occurs;
Sample 1

Examples of Event of Default Date in a sentence

  • The Sukukholders in subscribing or purchasing the Sukuk Cagamas consent to grant Ibra’ on the Murabahah Deferred Sale Price under the Murabahah Investment if the Murabahah Deferred Sale Price is due and payable onthe Istithmar Event of Default Date.

  • The balance of the monies (if any) standing to the credit of the Reserve shall be used to compensate the Sukukholders for any loss relating to the Mudaraba Assets as at the Expiry Date, Optional Expiry Date, the Regulatory Dissolution Date or the Event of Default Date, with the balance of the monies (if any) standing to the credit of the Reserve to be received by the Issuer as an incentive.

  • On the Event of Default Date, the Administrative Agent shall render an accounting of all monies in the Accounts (other than the Separate Accounts) as of the Event of Default Date to the Collateral Agent and the Intercreditor Agent.

  • From and after the occurrence of an Event of Default (an " Event of Default Date"), Interest on this Note shall commence accruing at a rate of fifteen percent (15%).

  • After the occurrence and during the continuance of an Event of Default, the Obligations shall bear interest at a rate equal to 5 percentage points above the rate that would otherwise apply and Borrower shall pay Agility a fee of $10,000 on the day after the Event of Default Date, and a fee of $20,000 on each succeeding thirtieth day after that for so long as the Event of Default remains under the Agreement.

  • Definitions 41 1.1. Borrower Payment 41 1.2. Event of Default Date 41 1.3. Exculpated Persons 41 1.4. Fraud 41 1.5. Ground Lease Impairment 41 1.6. Lease Impairment 42 1.7. Lessee Deposits 42 1.8. Lien Enforcement Action 42 1.9. Loan Obligations 42 1.10.

  • On the Event of Default Date, the Administrative Agent shall render an accounting of all monies in in the Accounts as of the Event of Default Date to the Collateral Agent and the Intercreditor Agent.


More Definitions of Event of Default Date

Event of Default Date means any date when an Event of Default has occurred;
Sample 1
Event of Default Date shall have the meaning given to such term in --------------------- Section 3.12(a). ---------------
Sample 1
Event of Default Date means the date (if any) on which an Event of Default occurs in relation to the Notes.
Sample 1Sample 2

Related to Event of Default Date

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration 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.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Event of Default has the meaning specified in Section 8.01.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Issuer Event of Default means the occurrence of any of the following events:

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

  • Owner Event of Default has the meaning set forth in Section 20.3.

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

  • Default Date has the meaning set forth in Section 3.3(a).

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Specified Event of Default means any Event of Default pursuant to Section 9.01(a), Section 9.01(f) or Section 9.01(g).

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • 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. Xxxxxx Xxx: 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 “Xxxxxx 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.