Other Default Notice definition

Other Default Notice has the meaning set forth in Section 7.1.
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Other Default Notice has the meaning given in clause 7.2(a). Peak Period a period of time starting at 0800 hours and ending at 2200 hours on a Business Day. Permit any unit, certificate, licence, authorisation or other permit (however named and however acquired) that is capable of being acquired, held, transferred, surrendered or acquitted to the satisfaction of an obligation or liability (or potential liability) under the GHG Scheme. Regulations the Electricity Corporations (Electricity Generation and Retail Corporation) Regulations 2013 (WA). Related Body Corporate has the meaning given to the term "related body corporate" under the Corporations Law. Security has the meaning given in clause 8.1 and includes any additional security required by the Holding Party under clause 8.5. Seller in respect of a Transaction, either Synergy or the Trader acting in its capacity as the seller of electricity under a Standard Product for that Transaction. Seller's Facilities the Trader's Facilities or Synergy's Facilities, as the context requires. South West Interconnected System or SWIS has the meaning given in the Electricity Industry Xxx 0000 (WA). SP Arrangements the Electricity (Standard Products) Wholesale Arrangements 2014 (WA) established under section 38(1) of the Electricity Corporations Xxx 0000 (WA). SP Price in relation to a Standard Product, the price or prices (in $ per MWh) of electricity which, for a particular Transaction, shall be determined in accordance with clause 4.2(a) of Schedule 3 and specified in the Confirmation for such Transaction and as may be adjusted from time to time in accordance with clause 7 of Schedule 3. SP Transaction Counter- Offer means a counter-offer made by Synergy in response to a SP Transaction Offer. SP Transaction Offer means an offer made by the Trader to Synergy to enter into one or more Transactions in Standard Products. Specified Plant for the purposes of clause 10.1(c)(2) means the following Registered Facilities (as described in the list of Registered Facilities maintained and published by the AEMO): (a) SWCJV_WORSLEY_COGEN_COG1; (b) MUJA_G5; (c) MUJA_G6; (d)
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Other Default Notice has the meaning set forth in Section 3.2 hereof.
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Examples of Other Default Notice in a sentence

  • If a Party commits an Other Default, the non-defaulting Party may provide written notice to the defaulting Party specifying such Other Default in reasonable detail (an "Other Default Notice").

  • The Committee, in its absolute discretion, shall be entitled to cancel an Other Default Notice, by delivering a written notice of cancellation thereof to the Collateral Trustee before the Collateral Trustee takes any irrevocable action to exercise any remedy in respect of the Collateral.

  • Notwithstanding the foregoing, if the defaulting Party provides the non-defaulting Party with written notice disputing the existence of an Other Default within thirty (30) days of the delivery of the Other Default Notice, the Parties will attempt in good faith to resolve such dispute and determine the appropriate remedial action pursuant to the Breach Resolution Process.

  • An Other Default Notice, once delivered, shall remain in effect unless and until it is cancelled as provided in Section 3.4 hereof.

  • Upon receipt of an Other Default Notice, the Collateral Trustee shall (or at such later time as shall be the first time when such action is permitted to be taken pursuant to the Intercreditor Agreement or the Class 4 Documents, as applicable) promptly commence such action as is requested by the Committee in the Other Default Notice.

  • The Collateral Trustee shall immediately furnish the Company with a copy of such cancellation of an Other Default Notice.


More Definitions of Other Default Notice

Other Default Notice shall have the meaning set forth in Section 11.5.
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Related to Other Default Notice

  • Default Notice means the written notice of Default of the Agreement issued by one Party to the other.

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

  • 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)).

  • Preliminary Default Notice shall have the meaning ascribed thereto in Article 13 of this Agreement;

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Specified Event of Default means any Event of Default under Section 8.01(a), (f) or (g).

  • Additional Default means any provision contained in any document or instrument creating or evidencing Indebtedness of the Borrower or any of its Subsidiaries which permits the holder or holders of such Indebtedness to accelerate (with the passage of time or giving of notice or both) the maturity thereof or otherwise requires the Borrower or any of its Subsidiaries to purchase such Indebtedness prior to the stated maturity thereof and which either (i) is similar to any Default or Event of Default contained in Article VIII of this Agreement, or related definitions in Section 1.1 of this Agreement, but contains one or more percentages, amounts or formulas that is more restrictive or has a xxxxxxx xxxxx period than those set forth herein or is more beneficial to the holder or holders of such other Indebtedness (and such provision shall be deemed an Additional Default only to the extent that it is more restrictive or more beneficial) or (ii) is different from the subject matter of any Default or Event of Default contained in Article VIII of this Agreement, or related definitions in Section 1.1 of this Agreement.

  • Senior Default means any Senior Payment Default or Senior Covenant Default.

  • Lease Default means any event or condition which, with the lapse of time or the giving of notice, or both, would constitute a Lease Event of Default.

  • 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.

  • 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).

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

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

  • Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p).

  • Forbearance Default means: (A) the failure of the Company to provide the Noteholder Group and its financial advisors with reasonable access, as determined by the Noteholder Group in its reasonable discretion, to its Chief Executive Officer, other senior executives and outside advisors, including representatives of Xxxxx Xxxxx Xxxxxx that are working with the Company, and to provide the Noteholder Group and its legal and financial advisors with any and all due diligence information they may reasonably request, including, without limitation, the Company’s current 13-week cash flow schedule, and all updates thereto as soon as reasonably practicable after they are prepared, but in no event no later than two (2) business days thereafter; (B) the failure of the Company to engage in good faith negotiations with the Noteholder Group regarding a potential restructuring transaction, which determination shall be made by the Noteholder Group in its reasonable discretion; (C) the failure of the Company to promptly notify the Noteholder Group of the occurrence of a Forbearance Default (as defined in the DDJ Third Amended Forbearance Agreement) under the DDJ Third Amended Forbearance Agreement or any amendment or modification to the DDJ Third Amended Forbearance Agreement; (D) termination of the DDJ Third Amended Forbearance Agreement; (E) the execution of any amendment or modification to the DDJ Third Amended Forbearance Agreement, which amendment or modification has a material adverse effect on the Noteholder Group as determined by the Noteholder Group in its reasonable discretion; (F) termination by the Company of the Xxxxxx Engagement Letter or the failure of the Company to pay Xxxxxx’x fees, expenses and indemnity in accordance with the terms of the Xxxxxx Engagement Letter; (G) the occurrence of any Event of Default that is not a Specified Existing Default; (H) the failure of the Company to comply with any term, condition, covenant or agreement set forth in this Third Amended Forbearance Agreement; (I) the failure of any representation or warranty made by the Company under this Third Amended Forbearance Agreement to be true and correct in all material respects as of the date when made; (J) the commencement by or against the Company or any of the Subsidiaries of a case under title 11 of the United States Code; or (K) the commencement of any action or proceeding by any creditor of the Company or any of the Subsidiaries seeking to attach or take similar action against the assets of the Company or the Subsidiaries. Any Forbearance Default shall constitute an immediate Event of Default under the Indenture.

  • 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.

  • Loan Default means an event, which with the giving of notice or lapse of time or both, would become a Loan Event of Default.

  • Customer Default has the meaning set out in clause 8.3.

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);

  • Minor Default means any Event of Default that is not a Major Default.

  • Event of Default wherever used herein, means any one of the following events (whatever the reason for such 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):