Specified Default definition
Specified Default means a Default under Section 8.01(a), (f) or (g).
Specified Default means any Default under Section 10.01 or 10.05.
Specified Default means the occurrence of an Event of Default under Section 8.01(a), (f) or (g).
Examples of Specified Default in a sentence
Upon receipt of any such notice of resignation, the Required Lenders shall have the right, with the consent of the Company (other than during the existence of a Specified Default), which consent may not be unreasonably withheld or delayed, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States.
To the extent the occurrence of the Tax Lien is deemed by Lender to constitute an Event of Default under the Loan Documents (the “Specified Default”), which Borrower disputes, Lender hereby waives such Specified Default.
More Definitions of Specified Default
Specified Default means the occurrence of any of the following:
Specified Default means any Default (other than a Contingent Borrowing Base Deficiency for which the grace and/or cure period in Section 2.10(c)(ii) has not expired).
Specified Default means any Event of Default under Sections 11.1 or 11.5.
Specified Default means any Event of Default under Sections 8.01(a) or (f) (solely with respect to the Borrower).
Specified Default means an Event of Default under Section 11.1(a), (g) or (h).
Specified Default shall have the meaning set forth in Section 5 hereof.
Specified Default means (a) any Event of Default or (b) any event that would constitute an Event of Default under clause (a) or (f) of Section 6.01 but for the requirement that notice be given or time elapse or both.