Examples of PTC Event of Default in a sentence
The date referred to in clause (i) of the definition of the term "PTC Event of Default" in the Basic Agreement is the Final Maturity Date.
For purposes of the Applicable Trust, "PTC Event of Default," as used in the Basic Agreement, shall have the meaning set forth in the Intercreditor Agreement.
SCoD can be deferred for a reasonable period only in three cases namely PTC Event of Default, Force Majeure Events affecting the PTC/ Distribution Company and Force Majeure Events affecting the Petitioner.
The Scheduled Commissioning Date is deferred for a reasonable period only in three cases namely PTC Event of Default, Force Majeure Events affecting the PTC/Distribution Company namely BSES Rajdhani Power Limited and Force Majeure Events affecting the Petitioner”.
A PTC Event of Default with respect to the most senior outstanding Class of Certificates resulting from an Indenture Default under all Indentures will constitute a Triggering Event.