Matured Event of Default means any Event of Default which remains uncured in full after:
Matured Event of Default when used with respect to any Class “A” Mortgage, means the occurrence of any default or any other event under such Class “A” Mortgage, and the expiration of the applicable grace period, if any, specified in such Class “A” Mortgage, if the effect of such default or other event is to accelerate, or to permit the acceleration of, only the maturity of any amount due under such Class “A” Mortgage.
Matured Event of Default has the meaning set forth in Section 7.2(a).
Examples of Matured Event of Default in a sentence
In addition to every other right and remedy provided herein, the Trustee may exercise any right or remedy available to the Trustee in its capacity as owner and holder of Pledged Bonds which arises as a result of a default or Matured Event of Default under any Class “A” Mortgage, whether or not an Event of Default shall then have occurred and be continuing.
More Definitions of Matured Event of Default
Matured Event of Default when used with respect to any Class "A" Mortgage, means the occurrence of any default or any other event under such Class "A" Mortgage, and the expiration of the applicable grace period, if any, specified in such Class "A" Mortgage, if the effect of such default or other event is to accelerate, or to permit the acceleration of, the maturity of any amount due under such Class "A" Mortgage.
Matured Event of Default means any Event of Default which remains uncured in full after the later of:
Matured Event of Default means the occurrence of any default or any other event under the First Mortgage, and the expiration of the applicable grace period, if any, specified in the First Mortgage, if the effect of such default or other event is to accelerate, or to permit the acceleration of, the maturity of any amount due under the First Mortgage.
Matured Event of Default means the occurrence of any default or any other event under the First Mortgage, and the expiration of the applicable grace