Other Defaults definition

Other Defaults has the meaning attributed to it in section 10.02;
Sample 1Sample 2
Other Defaults. Borrower fails to comply with or to perform any other term, obligation, covenant or condition contained in this Note or in any of the related documents or to comply with or to perform any term, obligation, covenant or condition contained in any other agreement between Lender and Borrower, and does not cure such failure within thirty (30) days following notice from Lender of such failure."
Sample 1
Other Defaults. Is defined in Section12.3.
Sample 1

Examples of Other Defaults in a sentence

  • In the event it has been determined, in accordance with applicable regulations, that the Lessee has defaulted in the requirement to comply with this section, and the Lessee thereafter fails to comply with the sanctions and/or remedies then prescribed, the County shall have the right, upon written notice to the Lessee, to terminate this Agreement pursuant to Sub-Article 13.03 (Other Defaults) hereof.

  • Any breach by the Borrowers of their obligations under this Section 4 shall constitute a Default under Section 8.01 (c) (Other Defaults) of the Amended Credit Agreement and, if unremedied after the provision of notice and passage of time contemplated by such Section, an Event of Default for all purposes of the Amended Credit Agreement and the other Loan Documents.

  • Any breach by the US Borrower of its obligations under this Section 5 shall constitute a Default under Section 8.01(c) (Other Defaults) of the Amended Credit Agreement and, if unremedied after the provision of notice and passage of time contemplated by such Section, an Event of Default for all purposes of the Amended Credit Agreement and the other Loan Documents.

  • Other Defaults in Performance or Breaches of Duty1 Where msg fails to perform or properly perform the services due beyond the range of warranty of quality and title, or fails to fulfil any other duties under the contract, then the customer must report this in writing and, also in writing, shall grant msg a reasonable period of grace, during which msg shall have the opportunity to properly perform the services, or to find a remedy in some other way.

  • Later, these spots increase in size and coalesce covering larger leaf area (1 to 2 cm in diameter), with dark brown margin.

  • Any breach by the Borrower of its obligations under this Section 7 shall constitute a Default under Section 8.01 (c) (Other Defaults) of the Credit Agreement and, if unremedied after the provision of notice and passage of time contemplated by such Section, an Event of Default for all purposes of the Credit Agreement and the other Loan Documents.

  • The Lessee's failure to do so shall constitute a default pursuant to Article 13.03 (Other Defaults) hereof.

  • Should the Lessor determine that the Lessee is not in compliance with the provisions of Articles 14.01 (Quality of Services) or 14.02 (Nondiscriminatory Prices) above, the first such occurrence shall be considered a curable default, pursuant to Article 13.03 (Other Defaults) hereof, and subsequent occurrence(s) shall be considered a material breach of this Agreement, entitling the Lessor to the remedies provided in this Agreement or by law.

  • For further details with regard to these matters, please refer the chapter titled "Outstanding Litigations and Other Defaults" beginning on page 106 of this Letter of Offer.

  • The Lessee’s failure to comply with said terms and conditions, Article 4.05 (Tenant Airport Construction Contracts), or Article 6 (Regulations, Licenses and Permits) shall constitute a default pursuant to Article 12.03 (Other Defaults) hereof.


More Definitions of Other Defaults

Other Defaults. The Borrower fails to comply with or to perform any other term, obligation, covenant or condition contained in this Note.
Sample 1
Other Defaults may occur if:
Sample 1
Other Defaults is hereby amended and restated as follows:
Sample 1

Related to Other Defaults

  • Default means any event which is, or after notice or passage of time or both would be, an Event of Default.

  • Events of Default has the meaning specified in Section 6.01.

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

  • 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.

  • Existing Defaults means, collectively, the Events of Default identified on Exhibit A hereto.

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

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

  • Customer Default shall have the meaning set forth in Section 11.1.

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

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

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

  • Senior Default means any Default or Event of Default under the Senior Credit Agreement or any document referred to therein.

  • 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:

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

  • Seller Default has the meaning set forth in Section 11.2.

  • 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).

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

  • Employer default means having an outstanding balance or liability to the old fund or to the uninsured employers' fund or being in policy default, as defined in W. Va. Code § 23-2c-2, failure to maintain mandatory workers' compensation coverage, or failure to fully meet its obligations as a workers' compensation self-insured employer. An employer is not in employer default if it has entered into a repayment agreement with the Insurance Commissioner and remains in compliance with the obligations under the repayment agreement.

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

  • Bankruptcy or Default means the total cessation of operations due to insolvency, with or without the filing of a bankruptcy petition by an airline, or cruise line, tour operator or other travel provider provided the Bankruptcy or Default occurs more than 14 days following Your Effective Date for the Trip Cancellation Benefits. There is no coverage for the Bankruptcy or Default of any person, organization, agency or firm from whom You purchased Travel Arrangements supplied by others.

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

  • 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.

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

  • Guarantor Default means any condition or event that with the giving of notice or lapse of time or both would, unless cured or waived, become a Guarantor Event of Default.

  • Unmatured Event of Default means any event that, if it continues uncured, will, with lapse of time, notice or lapse of time and notice, constitute an Event of Default.

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