Events of Default definition

Events of Default has the meaning specified in Section 6.01.

Events of Default has the meaning specified in Section 7.01.

Events of Default has the meaning assigned to such term in Article VII.

Examples of Events of Default in a sentence

• The Events of Default relating to the Notes are defined in Section 6.01 of the Indenture.

• Upon the Issuer’s exercise under Section 8.01 of the option applicable to this Section 8.02, the Issuer and the Guarantors shall, subject to the satisfaction of the conditions set forth in Section 8.04, be deemed to have been discharged from their obligations with respect to the Notes and Guarantees and to have cured all then existing Events of Default on the date the conditions set forth below are satisfied (“Legal Defeasance”).

• In addition, upon the Issuer’s exercise under Section 8.01 of the option applicable to this Section 8.03, subject to the satisfaction of the conditions set forth in Section 8.04, Sections 6.01(a)(3), 6.01(a)(4), 6.01(a)(5), 6.01(a)(6) (solely with respect to Significant Subsidiaries) and 6.01(a)(7) (solely with respect to Significant Subsidiaries) shall not constitute Events of Default.

• A Suspension Notice served under paragraph 2.4 in respect of any of the Network Rail Events of Default specified in paragraphs 1.3(a), (c) and (d) shall, so far as reasonably practicable, apply only to the: railway vehicles; Services; and categories of train movements or railway vehicles, or parts or part of them, to which the relevant Network Rail Event of Default relates.

• Suspension to be proportionate to breach A Suspension Notice served under paragraph 2.3 in respect of any of the Train Operator Events of Default specified in paragraphs (a) and (c) to (f) (inclusive) of paragraph 1.1 shall, so far as reasonably practicable, apply only to the: railway vehicles; Services; and categories of train movements or railway vehicles, or parts or part of them, to which the relevant Train Operator Event of Default relates.

More Definitions of Events of Default

Events of Default. (a) The occurrence of an Event of Default (as defined in the Notes) under the Notes;

Events of Default wherever used herein with respect to Securities of any Series, means any one of the following events, unless in the establishing Board Resolution, supplemental indenture or Officers’ Certificate, it is provided that such Series shall not have the benefit of said Event of Default:

Events of Default. As defined in Section 8.01.

Events of Default shall have the meaning assigned to such term in Section 7.01.

Events of Default. (a) The occurrence of an Event of Default (as defined in the Debentures) under the Debentures;

Events 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):

Events of Default has the meaning set forth in Section 7.1.