Specified Default definition

Specified Default means a Default under Section 8.01(a), (f) or (g).
Specified Default means the occurrence of an Event of Default under Section 8.01(a), (f) or (g).
Specified Default means the occurrence of any of the following:

Examples of Specified Default in a sentence

  • If the Loan is accelerated following the occurrence of an Event of Default described in Section 8.5, Company shall immediately pay to the Lenders, payable to each Lender in accordance with its respective Pro Rata Share, an amount equal the Specified Default Payment with respect to the Loan.

  • The parties hereto hereby further acknowledge and agree that neither the Final Payment Make Whole Amount, Payment upon Change of Control Make Whole Amount, the Regular Default Payment Make Whole Amount nor the Specified Default Payment Make Whole Amount is intended to act as a penalty or to punish Company for any prepayment, early repayment or acceleration of any Loan.


More Definitions of Specified Default

Specified Default means any Event of Default under Sections 11.1 or 11.5.
Specified Default means an Event of Default arising under either or both of Sections 8.01(a) or 8.01(f).
Specified Default means any Default under either of Sections 10.01 or 10.05.
Specified Default shall have the meaning set forth in Section 5 hereof.
Specified Default means any Default under Section 10.01 or 10.05.
Specified Default means (a) an event or condition described in Section ----------------- 16(a), (f), (g) or (h) of the Lease that, after the giving of notice or lapse of time, or both, would become an Event of Default, or (b) any Event of Default.
Specified Default means any Event of Default under Section 8.01(a), (f) or (g).