Loan Event of Default definition

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.
Loan Event of Default. An “Event of Default” as defined in the Loan Agreement.
Loan Event of Default. An Event of Default as defined under the Loan Documents.

Examples of Loan Event of Default in a sentence

  • No Intercompany Loan Event of Default is continuing unremedied (if capable of remedy) or unwaived or would result from the making of any Loan Tranche.

  • Funding 1 shall notify the Issuer and the Funding 1 Security Trustee (as trustee for each of the Funding 1 Secured Creditors) of any Intercompany Loan Event of Default (and the steps, if any, being taken to remedy it) promptly upon its occurrence.

  • Each of the events set out in Clauses 15.2 to 15.9 (inclusive) is an Intercompany Loan Event of Default (whether or not caused by any reason whatsoever outside the control of Funding 1 or any other person).


More Definitions of Loan Event of Default

Loan Event of Default means any of the events specified as such in clause 8 (Eventi Rilevanti - Decadenza dal Beneficio del Termine) of the Subordinated Loan Agreement.
Loan Event of Default means any event, condition or failure designated as a "Loan Event of Default" in Section 6.1 of the Loan Agreement.
Loan Event of Default has the meaning set forth in section 5.10 of the Participation Agreement.
Loan Event of Default means for any Purchased Loan, an “Event of Default” as defined in the Loan Documents for such Purchased Loan (or such other term as is used in such documents to describe events the occurrence of which gives the lender the right to accelerate (or causes the automatic acceleration of) such Purchased Loan); provided, however, that no default under the Loan Documents for any Purchased Loan shall become a Loan Event of Default hereunder unless such default is not cured within any applicable grace and cure periods (if any) under the applicable Loan Documents or is waived by applicable Seller, as lender thereunder, with Buyer’s written consent.
Loan Event of Default. ’ means, in relation to a Loan Facility, an event of default as set out in the related Loan Facility Agreement;
Loan Event of Default means an “Event of Default” (or similar term) as such term is defined in any ABL Loan Document or Term Loan Document, as the case may be.
Loan Event of Default means any event, condition or failure designated as a --------------------- "Loan Event of Default" in Section 6.1 of the Loan Agreement. -----------