Initial Default definition

Initial Default has the meaning specified in Section 1.02(9).

Initial Default as defined in Subsection 1.2(c).

Initial Default has the meaning specified in Section 8.01.

Examples of Initial Default in a sentence

• Vector’s contact person for this submission is: Ian FergusonSenior Regulatory Analyst Tel: 09 978 8277Email: ian.ferguson@vector.co.nz 2 Commerce Commission, Initial Default Price-Quality Path for Gas Pipeline Businesses: Issues Paper, 12 April 2010, paragraph 4.4.

• The Initial Default Letter also asserted a 20% per annum late fee and $11,550,000 as partial liquidated damages.Charge did not agree with the Prepetition Lenders’ assertions in the Initial Default Letter.

• Vector welcomes the opportunity to provide this submission on the Commerce Commission’s (“ Commission”) consultation paper Initial Default Price- Quality Path for Gas Pipeline Businesses: Issues Paper.

• The Initial Default Letter asserted that an additional $3,345,297.87 in interest (reflecting the difference in the default interest rate of 20% and the interest rate of 7.5% per annum commencing from October 25, 2022, on an aggregate principal amount of $25,847,409.00) and additional legal fees, expenses, and other costs of at least $692,216.15 were immediately due and payable.

More Definitions of Initial Default

Initial Default has the meaning specified in Section 5.13.

Initial Default has the meaning assigned to such term in Section 7.01.

Initial Default means any of the events specified in Section 9, whether or not any requirement for the giving of notice, the lapse of time, or both, or any other condition has been satisfied.

Initial Default as defined in Section 1.2(b).

Initial Default has the meaning specified in Section 502(c).

Initial Default has the meaning set forth in Section 4.04(b).

Initial Default is defined in Section 11.2(c).