Payment Default has the meaning set forth in Section 5.4(a) of the Indenture.
Payment Default has the meaning set forth in Section 6.01.
Payment Default means any default, whether or not any requirement for the giving of notice, the lapse of time or both, or any other condition to such default becoming an event of default has occurred, in the payment of principal of (or premium, if any) or interest on or any other amount payable in connection with Designated Senior Debt.
Examples of Payment Default in a sentence
Payment Default requirements set out in paragraph “20”, of their intent to sell, rent, vacate and/or assign the Service Unit and of their forwarding address.
More Definitions of Payment Default
Payment Default means the occurrence of an event that would give rise to an Event of Default under Section 4.01(a) of the Indenture upon the giving of notice or the passing of time or both.
Payment Default shall have the meaning specified in Section 6.1(d).
Payment Default has the meaning specified in Section 4.03.
Payment Default means any default in the payment of principal of (or premium, if any) or interest on Senior Indebtedness.
Payment Default with respect to any Indenture, has the meaning specified in such Indenture.
Payment Default shall have the meaning specified in Section 12.2(a).
Payment Default has the meaning provided in Section 7.01(e).