Reporting Default definition

Reporting Default means a Default described in Section 6.01(d).

Reporting Default means a Default described in clause (4) under Section 6.01.

Reporting Default has the meaning specified in Section 5.2(b).

Examples of Reporting Default in a sentence

• The Company shall pay the Additional Interest semi-annually in arrears, with the first semi-annual payment due on the first Interest Payment Date following the date of such Reporting Default, in the same manner as described on the face of the Security.

• If the Company elects to pay the Additional Interest as the sole remedy for the Reporting Default, the Company shall notify in writing, by a certificate, the Holders, the Paying Agent and the Trustee of such election at any time on or before the close of business on the first Business Day following the date on which such Event of Default first occurs.

• In the event the Company does not elect to pay the Reporting Default Additional Interest following an Event of Default in accordance with this Section 6.13, the Notes will be subject to acceleration as provided in Section 6.02.

• As a result, proposals from Off the Record and the Youth Connect are being funded to provide additional support and a range of interventions to those young people disproportionally affected by COVID19 to prevent their need escalating further requiring specialist support.

• In order to elect to pay the Additional Interest as the sole remedy during the first 360 days after the occurrence of a Reporting Default in accordance with Section 9.04(a) hereof, the Issuer must notify all Holders, the Trustee and the Paying Agent in writing of such election prior to the beginning of such 360-day period.

More Definitions of Reporting Default

Reporting Default means a Default described in Section 6.01(a)(iv).

Reporting Default means a Default described in Section 6.01(d) hereof.

Reporting Default means a Default described in clause (4) of Section 6.1 hereof.

Reporting Default has the meaning specified in Section 9.04(a).

Reporting Default has the meaning set forth in Section 7.01.

Reporting Default means the failure by the Company for 180 days after notice from the Trustee or Holders of at least 25% in aggregate principal amount of the Notes then outstanding to comply with the provisions described in Section 4.03 hereof.

Reporting Default means an event that, with the passage of time or the giving of notice or both, would constitute an Event of Default described in Section 501(3) of this Indenture.