Master Agreement Event of Default definition

Master Agreement Event of Default means a breach or default by any applicable Person under any of the Specified Master Agreement Document Provisions.
Sample 1
Master Agreement Event of Default means any "Event of Default" as that term is defined in the Master Agreement.
Sample 1

Examples of Master Agreement Event of Default in a sentence

  • With respect to any Potential Event of Default (as that term is defined in the Master Agreement) as to which notice thereof by the Lessor to a Lessee or the Company is a requirement to cause such Potential Event of Default to become a Master Agreement Event of Default, the Lessor agrees to give such notice to such Lessee or the Company promptly upon receipt of a written request by any Synthetic Lease Loan Lender or the Administrative Agent.

  • Following the Acceleration, the Lessor shall consult with the Synthetic Lease Loan Lenders regarding actions to be taken in response to such Master Agreement Event of Default.

  • The Lessor shall not, without the prior written consent of the Majority Synthetic Lease Lenders, waive any such Master Agreement Event of Default.

  • When a Master Agreement Event of Default exists, the Lessor, upon the direction of the Majority Synthetic Lease Lenders, shall exercise remedies under Article XIII of the Lease to demand payment in full of the Lease Balance by the Lessees (the "ACCELERATION").

Related to Master Agreement Event of Default

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • 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).

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

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

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

  • 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.

  • 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):

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

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

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

  • 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)).

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

  • 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.

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

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

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • 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:

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

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

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

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

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

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