Lessor Event of Default definition

Lessor Event of Default has the meaning given in Section 23.3.

Lessor Event of Default shall have the meaning specified in Section 13B hereof.

Lessor Event of Default means an occurrence specifically described in a Lease.

Examples of Lessor Event of Default in a sentence

• Upon the occurrence of a Lessor Event of Default, BREP may pursue any remedy at law, equity or as provided for under this Lease, including claims for damages, but excluding termination.

• Event of Default means the Lessee Event of Default or the Lessor Event of Default or both as the context may admit or require.

• Indemnity: The Agency shall indemnify, defend and hold Lessor harmless against any and all proceedings, actions and, third party claims arising out of a breach by Developer of any of its obligations under this Agreement except to the extent that any such claim has arisen due to Lessor Event of Default.

• The Lessee shall entirely at its cost, terminate all such Project Contracts which are not transferred/assigned to the Lessor provided, if the termination is on account of the Lessor Event of Default the Lessor shall compensate the Lessee to the extent of the termination payments, if any, made or to be made by the Lessee to the counter parties to such contracts.

• The Lease Agreement further provides that if a Lessee or Lessor Event of Default occurs while the Sublease is in effect, the sole action that may be taken by either EZH or CEL Trust is to exercise any of its remedies or take other appropriate action under the Sublease.• Sublease AgreementThe Sublease Agreement between CEL Trust and EZH sets out the terms of the Sublease, in which CEL Trust was the Sublessor and EZH was the Sublessee of an undivided 47.47% interest in the RoCa3 Facility.

More Definitions of Lessor Event of Default

Lessor Event of Default. Means an event of default as set forth and described in the related Lessor Indenture.

Lessor Event of Default means any one of the events specified in Section 16.1.2.

Lessor Event of Default means any event described in Section 11.2 hereof, and (d) the term “Lessor Default” shall mean an event that with the giving of notice or the lapse of time, or both, would constitute a Lessor Event of Default.

Lessor Event of Default has the meaning ascribed to the term in Section 9.3.

Lessor Event of Default. (a) Lessor shall fail to observe or perform any covenant, agreement, or obligation under this Agreement or any agreement between Lessee and any third party relating to the Aircraft, (b) Lessor shall fail to maintain any or all of the insurance required by this Agreement, (c) Lessor shall fail to pay, or admit in writing its inability to pay, its debts as they become due, or (d) Lessor shall make a general assignment for the benefit of creditors or file a voluntary petition in bankruptcy or a voluntary petition or an answer seeking reorganization in a proceeding under any bankruptcy laws (or any such proceeding shall be instituted against Lessor by any other party and shall not be vacated or set aside within sixty (60) days).

Lessor Event of Default has the meaning set out in Article 11;

Lessor Event of Default. As defined in Section 16.2. ------------