Identified Events of Default definition

Identified Events of Default means events of default (as defined in the Indentures), if any, that arise as a result of the Recapitalization and the transactions contemplated thereby, the commencement or prosecution of the Arrangement proceedings or any failure to pay interest on the Existing Notes during the course of such Arrangement proceedings prior to the Effective Date.
Sample 1Sample 2
Identified Events of Default means the Events of Default (as defined in the Indenture), if any, that arise as a result of the transactions contemplated by this Agreement.
Sample 1
Identified Events of Default means those events set forth on Schedule 1 attached hereto.
Sample 1

Examples of Identified Events of Default in a sentence

  • For the purposes of this Term Sheet, Identified Events of Default means the Events of Default (as defined in the Indentures), if any, that arise as a result of the transactions contemplated by this Term Sheet, the Recapitalization, the Plan, the commencement or prosecution of the arrangement proceedings contemplated hereby, or any failure to pay interest under the Indentures during the course of such arrangement proceedings prior to the implementation of the Plan.

  • Go to https://www.cityofmadison.com/isevents/event_register.cfm?eid=2283&es eq=1 to sign up.o Training sessions for payrolls using LCP Tracker will be held 12/9/20 [note date correction] from 2-3 pm.

  • The Borrower agrees that nothing contained in this Agreement or the fact that the Lender may, in the Lender’s sole discretion, make Revolving Advances to the Borrower during the Forbearance Period, shall constitute a waiver of the Identified Events of Default or of any other Default Events or Events of Default, whether now existing or hereafter arising under the Loan Documents.

  • The Company acknowledges and agrees that the Identified Events of Default have occurred or may occur under the Securities Purchase Agreement and that the Holders are entitled to exercise their respective rights and remedies with respect to such Identified Events of Default under the Financing Agreements and applicable law.

  • Notwithstanding anything to the contrary contained in this Agreement, it is understood by the Loan Parties that Agent has not waived any Defaults or Events of Default (other than the waiver of the Identified Events of Default expressly provided herein) or any rights or remedies in respect thereof under the Loan Documents, at equity, in law or otherwise, and that Agent’s consent to this Agreement shall not in any way be considered to be a discharge with respect to the Loans or Notes.

  • The foregoing provisions of this Section 2 relate solely to the Identified Events of Default and shall in no way be deemed or construed as a waiver by Lender of any other Default or Event of Default under the Loan Agreement or any other Loan Document, known or unknown, now existing or occurring subsequent to the date of this First Amendment.

  • Subject to the terms of this Agreement, at the request of Borrower, Lenders party hereto agree to waive the requirements of subsection 4.2B of the Credit Agreement to the extent, but only to the extent, that the existence of the Identified Events of Default (as defined above) would otherwise prohibit the making of additional Revolving Loans during the Forebearance Period (as defined above).

  • This First Amendment evidences solely Lender's waiver of the Identified Events of Default and the amendment of the terms and provisions of Borrower's obligations under the Loan Agreement and is not a novation or discharge thereof.

  • After giving effect to this Forebearance Agreement, no event has occurred and is continuing or will result from the consummation of the transactions contemplated by this Forebearance Agreement that would constitute an Event of Default or a Default (other than Identified Events of Default).

  • In the event certain Obligor Notes have not been located by Sellers or their custodian as of the Closing Date, Sellers have executed and delivered to Buyer a Lost Note Affidavit in form of Exhibit J attached hereto in connection with all such Obligor Notes which have not been located as of the Closing Date.

Related to Identified Events of Default

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

  • 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.

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

  • Specified Event has the meaning given to such term in the definition of “Consolidated EBITDA.”

  • 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).

  • 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.

  • 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.

  • 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):

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

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

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

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

  • 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)).

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

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

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

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

  • 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.

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

  • 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:

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

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

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

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;