Events of Default Event of Default definition

Events of Default Event of Default means, with respect to a Party ( Defaulting Party the occurrence of any of the following:
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Examples of Events of Default Event of Default in a sentence

  • ARTICLE 6 EVENTS OF DEFAULT AND TERMINATION 6.1 Events of Default Event of Default means either Service Provider Event of Default or BBMP Event of Default or both as the context may admit or require.

  • Transactions exceeding 5 Million and upto 10 million @ Rs.10/- (Rupees Ten Only) per transaction Transactions between 10 M illion and above @ Rs.8/- (Rupees Eight only) per transactions (Government agencies transaction payments will preferably be made by government agencies directly) 7.1 Events of Default Event of Default means either IL&FS Event of Default of GOR Event of Default or both as the context may admit or require.

  • ARTICLE VIII Events of Default 8.1 Events of Default Event of Default shall mean either Developer Event of Default or Municipal Body Event of Default or both as the context may admit or require.

  • Upon the occurrence of one or more of the following Events of Default, Event of Default Under the Loan Agreement.

  • The Seller states that the Device is not and shall not be encumbered with third-party rights as of the date that is it taken over by the Buyer.

  • Save and except as expressly provided in this Article 9, neither Party hereto shall be liable in any manner whatsoever to the other Party in respect of any loss, damage, cost, expense, claims, demands and proceedings relating to or arising out of occurrence or existence of any Force Majeure Event.10 EVENTS OF DEFAULT AND TERMINATION 10.1 Events of Default Event of Default shall mean either Service Provider Event of Default or the Corporation Event of Default or both as the context may admit or require.

  • ARTICLE 12 EVENTS OF DEFAULT Section 12.1 Events of Default Event of Default means the Lessee Event of Default or the Lessor Event of Default or both as the context may admit or require.

Related to Events of Default Event of Default

  • 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).

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

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

  • 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.

  • 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.

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

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

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

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

  • 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)).

  • 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):

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

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

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

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

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

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

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

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

  • 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:

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

  • 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.

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Unmatured Event of Default means any event that, if it continues uncured, will, with lapse of time, notice or lapse of time and notice, constitute an Event of Default.

  • Company Event of Default bears the meaning ascribed thereto in Section 13.1; “Company Notice of Default” bears the meaning ascribed thereto in Section 13.2;