Monetary Event of Default definition

Monetary Event of Default is defined in the Senior Security Instrument.
Monetary Event of Default means any Event of Default that occurs pursuant to Section 5.01(i) or 5.01(ii).
Monetary Event of Default means any Event of Default which may be cured by the payment of money.

Examples of Monetary Event of Default in a sentence

  • Subordinate Lender shall have the opportunity to cure a Covenant Event of Default during such period described above so long as there is no Monetary Event of Default under the Senior Loan Documents.

  • Xxxxxxxx agrees that Subordinate Xxxxxx shall have the opportunity, but not the obligation, to cure either a Monetary Event of Default or a Covenant Event of Default within 30 days following the date of such notice, or any time prior to an assignment of the Senior Security Instrument from Senior Lender to HUD, whichever date is later.

  • If a Monetary Event of Default occurs and is continuing, Lender, at Lender’s option, may declare the Indebtedness to be immediately due and payable without further demand, and may invoke the power of sale and any other remedies permitted by applicable law or provided in this Security Instrument or in the Note.

  • If a Monetary Event of Default occurs and is continuing, for a period of thirty (30) days, the entire unpaid principal balance, any accrued interest and all other amounts payable to Lender under this Note and any of the other Loan Documents shall at once become due and payable, at the option of Lender, without any prior notice to Borrower.

  • If a Monetary Event of Default occurs and is continuing for a period of thirty (30) days, Lender, at Lender's option, may declare the Indebtedness to be immediately due and payable without further demand, and may invoke the power of sale and any other remedies permitted by applicable law or provided in this Security Instrument or in the Note.


More Definitions of Monetary Event of Default

Monetary Event of Default means an Event of Default under Section 8.01(a) hereof or any other Event of Default which can be cured by the payment of money.
Monetary Event of Default means (i) any Event of Default under Section 6.01(a), or (ii) any declaration by notice to the Borrower that, or occurrence of any other event pursuant to Section 6.01 by which, the Notes, all interest thereon and all other amounts payable under this Agreement and the other Loan Documents shall be due and payable.
Monetary Event of Default means any failure to make a timely monetary payment (taking into account any cure periods) to Lender, provided for under the Term Loan Agreement or the Note or any Term Loan Document (whether or not notice of such missed payment is required under the Term Loan Agreement).
Monetary Event of Default means a failure by Tenant to pay Rent or any other Monetary Obligation within the cure period, if any, as provided in this Lease.
Monetary Event of Default means any Event of Default under Section 17.1 of this Lease entitled “Payment Default” or Section 17.7 of this Lease entitled “Insolvency”. LOAN NO. 1000531 EXHIBIT I FORM OF SUBORDINATION, NON-DISTURBANCE AND ATTORNMENT AGREEMENT RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: XXXXX FARGO BANK, NATIONAL ASSOCIATION Commercial Real Estate – Portfolio Services Group 000 Xxxxxxxxxx Xxxxxx, 6th Floor San Francisco, California 94104 Attention: Xxxxxxx X. Xxxxx Loan No. 1000531 SUBORDINATION AGREEMENT; ACKNOWLEDGMENT OF LEASE ASSIGNMENT, ESTOPPEL, ATTORNMENT AND NON-DISTURBANCE AGREEMENT (Lease to Deed of Trust) NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST IN THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN THE LIEN OF SOME OTHER OR LATER SECURITY INSTRUMENT. THIS SUBORDINATION AGREEMENT; ACKNOWLEDGMENT OF LEASE ASSIGNMENT, ESTOPPEL, ATTORNMENT AND NON-DISTURBANCE AGREEMENT (“Agreement”) is made as of , 2012, by and between RIATA HOLDINGS, L.P., a Delaware limited partnership, doing business in the State of Texas as Riata Austin Holdings, L.P. (“Owner” or “Lessor”), VERACYTE, INC., a Delaware corporation (“Lessee”), and XXXXX FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent (“Administrative Agent”) for the lenders from time to time party to the Loan Agreement, as defined below (“Lenders”).
Monetary Event of Default has the meaning provided in Section 6 of the Note.
Monetary Event of Default means any default in the payment of Rent or any other sums payable by Lessee under this Lease to Lessor or to any Lessor Indemnitee, which default is not cured within any applicable cure period provided in Section 14.1 below.