Non-Monetary Default definition

Non-Monetary Default shall have the meaning assigned to such term in Section 11(d).
Non-Monetary Default means the occurrence of any default, other than the failure to pay principal, premium or interest, on the Bonds or any document or instrument related to the Bonds.
Non-Monetary Default means an Event of Default other than a Monetary Default.

More Definitions of Non-Monetary Default

Non-Monetary Default means any default under Section 8 of this Agreement other than a Monetary Default.
Non-Monetary Default means any default that is not a Monetary Default or an Incurable Default. As used herein, the term "INCURABLE DEFAULT" shall mean either: (i) any voluntary or involuntary sale, assignment, mortgaging, encumbering or transfer in violation of the covenants contained herein or any of the other Loan Documents; or (ii) if Borrower or Grantor, or any person or entity comprising Borrower or Grantor or any guarantor or indemnitor of the Loan, should breach any of the provisions of Section 22.
Non-Monetary Default means any default that is not a Monetary Default or an Incurable Default. As used herein, the term "Incurable Default" shall mean either: (i) any voluntary or involuntary sale, assignment, mortgaging, encumbering or transfer of the Property or ownership interests in Borrower in violation of the covenants contained herein or any of the other Loan Documents; or (ii) if Borrower should breach any of the provisions of Section 22 of this Mortgage. The failure or omission on the part of Lender to exercise the option for acceleration of maturity of the Note and foreclosure of this Mortgage during the continuance of any Event of Default as aforesaid or to exercise any other option or remedy granted hereunder to Lender when entitled to do so in any one or more instances, or the acceptance by Lender of partial payment of the Loan, whether before or subsequent to an Event of Default hereunder, shall not constitute a waiver of any such Event of Default or the right to exercise any such option or remedy, but such option or remedy shall remain continuously in force. Acceleration of the maturity of the Note, once claimed hereunder by Lender, at the option of Lender, may be rescinded by written acknowledgment to that effect by Lender, but the tender and acceptance of partial payments alone shall not in any way either affect or rescind such acceleration of maturity, nor act as a waiver, accord and satisfaction, modification, novation or similar defense.
Non-Monetary Default means a breach of any of the representations, warranties, covenants or other agreements contained herein, other than a Monetary Default.
Non-Monetary Default shall have the meaning set forth in Section 8.1(b) below.
Non-Monetary Default means any failure by Tenant to comply with any terms or provisions of, or perform as required by, this Restated Lease, other than a Material Monetary Default or a Non-Material Monetary Default. A Bankruptcy Default shall be considered a Non-Monetary Default.