Registration Defaults definition

Registration Defaults has the meaning set forth in the Registration Rights Agreement.
Registration Defaults means the occurrence of any of the following events:
Registration Defaults. See Section 5(a) hereof.

Examples of Registration Defaults in a sentence

  • Following the cure of all Registration Defaults relating to any particular Transfer Restricted Securities, the accrual of liquidated damages with respect to such Transfer Restricted Securities will cease.

  • Following the cure of all Registration Defaults, the accrual of liquidated damages will cease.

  • Following the cure of all Registration Defaults relating to any particular Registrable Notes, the interest rate borne by the relevant Registrable Notes will be reduced to the original interest rate borne by such Registrable Notes; provided, however, that, if after any such reduction in interest rate, a different Registration Default occurs, the interest rate borne by the relevant Registrable Notes shall again be increased pursuant to the foregoing provisions.

  • The Additional Interest Rate shall increase by an additional 0.25% per annum with respect to each subsequent 90-day period until all Registration Defaults have been cured, up to a maximum Additional Interest Rate of 1.0% per annum.

  • Special Interest shall accrue and be payable only with respect to a single Registration Default at any given time, notwithstanding the fact that multiple Registration Defaults may exist at such time.

  • Following the cure of all Registration Defaults the accrual of Additional Interest will cease and the interest rate will revert to the original rate.

  • Following the cure of all Registration Defaults, the accrual of Liquidated Damages will cease.

  • Following the cure of all Registration Defaults, the accrual of Special Interest will cease.

  • Following the cure of all Registration Defaults, the accrual of Additional Interest will cease.

  • Following the cure of all Registration Defaults relating to any particular Transfer Restricted Securities, the accrual of Liquidated Damages with respect to such Transfer Restricted Securities will cease.


More Definitions of Registration Defaults

Registration Defaults means any failures by or on behalf of the Company to file registration statements, obtain or maintain the effectiveness of registration statements, or to keep registration statements up to date, usable or available, or allowing any registration statements to lapse for any reason. Registration Defaults also include any other failure, action or default which, under the applicable agreement, by its terms gives rise to liquidated damages. For purposes of this definition, registration statements shall be read broadly and includes all prospectuses included therein and all amendments or supplements related to either such registration statement or prospectus, and also includes all documents that needed to be incorporated in such registration statements or prospectus by reference.

Related to Registration Defaults

  • Registration Default Period shall have the meaning assigned thereto in Section 2(c).

  • Registration Default As defined in Section 5 hereof.

  • Registration Default Damages shall have the meaning set forth in Section 8 hereof.

  • in default means that, as to any Mortgage Loan, any Mortgage Note payment or escrow payment is unpaid for thirty (30) days or more after its due date (whether or not the Seller has allowed any grace period or extended the due date thereof by any means) or another material default has occurred and is continuing, including the commencement of foreclosure proceedings or the commencement of a case in bankruptcy for any Customer in respect of such Mortgage Loan.

  • Non-default Rate means a rate per annum equal to the cost (without proof or evidence of any actual cost) to the Non-defaulting Party (as certified by it) if it were to fund the relevant amount.