Owner Events of Default definition

Owner Events of Default is defined in Section 11.2.
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Owner Events of Default shall occur if:
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Owner Events of Default has the meaning set forth in Section 13.5.2.
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Examples of Owner Events of Default in a sentence

  • If any of the Owner Events of Default exists and is continuing, the Vendor may, without prejudice to any rights or remedies of the Vendor in this Agreement or at law or in equity (except as such legal or equitable remedies may be limited by this Agreement), terminate this Agreement (i) immediately upon the occurrence of any Owner Event of Default specified in clauses (a), (b), (c), (d) and (h) and (ii) after thirty (30) days prior written notice upon the occurrence of any other Owner Event of Default.

  • In other words messages andcommunication are broken into pieces which then are interpreted and the analytical el- ements can then be used in combination as well.

  • Default and Remedies; Termination 50 Section 14.1 Owner Events of Default 50 Section 14.2 Contractor Events of Default 50 Section 14.3 Contractor Remedies upon Owner Event of Default 52 Section 14.4 Owner Remedies upon Contractor Event of Default 52 Section 14.5 Termination for Convenience 53 Section 14.6 Mitigation upon Breach 54 Section 14.7 Termination Prior to NTP 54 Article 15.

  • If any of the Owner Events of Default exist, --------------- the Vendor may, without prejudice to any rights or remedies of the Vendor in this Agreement or at law or in equity (except as such legal or equitable remedies may be limited by this Agreement), terminate this Agreement (i) immediately upon the occurrence of any Owner Event of Default specified in clauses (a), (b), (c), (d), (i) and (j) and (ii) after thirty (30) days prior written notice upon the occurrence of any other Owner Event of Default.

  • The Owner will reimburse Project Co for all reasonable costs incurred by Project Co in exercising any of its rights (including any relevant increased administrative expenses, interest expenses during Construction and actual legal and other expenses) under this Section 13 (Owner Events of Default).


More Definitions of Owner Events of Default

Owner Events of Default is defined in Section 7.1.
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Owner Events of Default. (a) any failure by Owner to make any payment required to be made by Owner to Servicer under the terms of this Agreement which continues unremedied for a period of three (3) Business Days after the date upon which written notice of such failure, requiring the same to be remedied, shall have been given to Owner by Servicer; provided, that Servicer need not send such written notice to Owner more than three (3) times it any twelve (12) month period, and thereafter, any failure of Owner to make any such payment when due shall be an immediate Event of Default under this Agreement; or
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Owner Events of Default has the meaning given to it in Clause 14.2.
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Related to Owner Events of Default

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

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

  • Issuer Event of Default means the occurrence of any of the following events:

  • 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.

  • 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).

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

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

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

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

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

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

  • 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.

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

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

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • 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)).

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

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • 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.

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

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • 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:

  • Event of Default Under the Trust Indenture With respect to any MBS, any “Event of Default” under the Trust Indenture pursuant to which such MBS was issued. Xxxxxx Xxx: Federal National Mortgage Association, a body corporate organized and existing under the laws of the United States, or its successor in interest or any successor appointed as herein provided. Unless the context requires otherwise, the term “Xxxxxx Mae” shall be deemed to refer to the Federal National Mortgage Association acting in its corporate capacity and not in its capacity as Trustee hereunder.