Lessee Event of Default definition

Lessee Event of Default has the meaning given in Section 23.1.
Lessee Event of Default shall have the meaning given to such term in Article 16 of the Facility Lease.
Lessee Event of Default shall have the meaning specified in Section 13A hereof.

Examples of Lessee Event of Default in a sentence

  • Events of Default shall mean either Lessee Event of Default or Authority Event of Default or both as the context may admit or requires.

  • If the Termination is due to a Lessee Event of Default, no compensation shall be payable by the NRANVP to the Lessee.

  • If the Termination is due to a Lessee Event of Default, no compensation shall be payable by the NRDA to the Lessee.

  • Upon the occurrence of Lessee Event of Default, the Lessor shall deliver a default notice to the Lessee reasonably detailing the Lessees Event of Default.

  • The NRDA shall be entitled to encash any Bank Guarantees provided by the Lessee, if the Termination is on account of Lessee Event of Default.


More Definitions of Lessee Event of Default

Lessee Event of Default means an Event of Default (as such term is defined in Section 19 of the General Terms Agreement) by the Lessee under the Lease.
Lessee Event of Default shall have the meaning ascribed to it in Clause 18.1 herein.
Lessee Event of Default means the occurrence of an "Event of Default" as provided under the Lease Agreement, as well as the occurrence of a default (other than a default of Lessor or Operator) under any of the Operative Documents (beyond any applicable cure periods).
Lessee Event of Default means any one of the events specified in Section 16.1.1.
Lessee Event of Default means any of those events described in Clause 18.1 (Lessee Events of Default).
Lessee Event of Default means any “Event of Default” or similar term by the applicable Lessee under the applicable Lease.
Lessee Event of Default has the meaning given to it in Section 12.1.