Extension Default definition
Extension Default means the occurrence of any Event of Default or any event that with the giving of notice or the lapse of time could become an Event of Default other than the failure to pay the principal balance of the Bridge Loans or the Conversion Notes on the Initial Maturity Date.
Extension Default means (i) all "Defaults" as defined in the Credit Agreement, (ii) all "Defaults" as defined in the Note Purchase Agreement, (iii) National's failure to comply with any term or provision of this Limited Term Extension, or (iv) the payment by National of any portion of the principal obligations owed to Brow▇ Brothers Harr▇▇▇▇ & ▇o.
Extension Default means the occurrence of any Event of Default under any of clauses (7) or (8) of Part IV (Events of Default and Remedies) of Schedule 9 (Restrictive Covenants and Events of Default) and Clause 22.2 (Non-Payment) in relation to an Obligor or the Parent Guarantor that remains unremedied and unwaived.
More Definitions of Extension Default
Extension Default means the occurrence of any one or more of the following: (i) any Payment Default, (ii) any acceleration of any of the Credit Facilities, or (iii) any Default or Event of Default under Section 7.1(h).
Extension Default occurs if:
Extension Default means (i) all "Defaults" as defined in the Credit Agreement, (ii) all "Defaults" as defined in the Note Purchase Agreement, (iii) any reconstitution, suspension or disbandment of the Special Committee which precedes issuance of the Special Committee Report, (iv) any abandonment, interruption or disruption in the conduct of the Special Committee Investigation or in the preparation of the Special Committee Report, (v) National's failure to comply with any term or provision of this Limited Term Extension, or (vi) any demand upon National for payment or attempt to collect outstanding indebtedness by Brow▇ ▇▇▇thers Harr▇▇▇▇ & ▇o.
Extension Default means any one of the events or circumstances described in Section 10.
Extension Default is amended in its entirety so that, as amended, it provides as follows: