Specified Events of Default definition

Specified Events of Default means any Event of Default of the type described in Section 7.2, 7.3 (solely with respect to Section 6.32.1), 7.6 or 7.7.
Specified Events of Default. Events of Default arising or which may arise in respect of Section 10.1(b) of the Credit Agreement as a result of the Borrowers' failure to comply with Sections 7.1, 7.2, 7.3, 7.5 and 8.15 of the Credit Agreement.
Specified Events of Default means an Event of Default under Section 8.01(a), (b), (g) or (h) of the Term Loan Credit Agreement has occurred and is continuing.

Examples of Specified Events of Default in a sentence

  • For the avoidance of doubt and notwithstanding anything herein to the contrary, during the period in which the Requested Waiver is in effect, to the extent any provision of the Credit Agreement or any other Loan Document is qualified by, or requires the absence of, any Default or Event of Default, a Default or Event of Default shall be deemed to have occurred for purposes of such provisions as a result of the Specified Events of Default notwithstanding the Requested Waiver.

  • Upon giving effect to this Agreement, there shall be no Default or Event of Default (other than the Specified Events of Default).

  • Failure of any Loan Party to observe any term, condition, or covenant set forth in this Agreement or any Loan Document, except for the Specified Events of Default.

  • The plan includes extensive outreach, public relations, marketing, and social media marketing to raise awareness to all businesses.

  • In reliance upon the representations, warranties and covenants of the Loan Parties contained in this Agreement, and upon the terms and subject to the conditions of this Agreement, the Consenting Lenders hereby, effective as of the Waiver Effective Date, waive each of the Specified Events of Default (the “ Waiver”).


More Definitions of Specified Events of Default

Specified Events of Default. Events of Default arising or which may arise in respect of (i) Section 6.01(c) as a result of the Borrower's failure to satisfy covenants contained in Sections 5.04(a), (b), (c), (d), and (e) of the Credit Agreement and (ii) 6.01(e) of the Credit Agreement in connection with the Borrower's failure to make certain payments to Spectra-Physics, Inc. pursuant to the terms of the Subordinated Installment Promissory Note dated July 12, 1996.
Specified Events of Default means any Event of Default described in any of Sections 8.1, 8.2 (but only with respect to clauses (b), (c), (d), and (e) of Schedule 5.2 to this Agreement), 8.4, 8.5 or 8.7 (but only with respect to representations in Section 4.1(a)).
Specified Events of Default means the “Specified Events of Default” as defined in the Second Supplemental Indenture.
Specified Events of Default means, collectively, the Events of Default under Section 8.1(b) of the Credit Agreement that have occurred prior to the November 2007 Amendment Effective Date as a consequence of the breach by the Principal Companies, prior to that date, of the covenants of the Principal Companies set forth in Section 7.6 or Section 7.10 of the Credit Agreement.
Specified Events of Default means the Events of Default upon the occurrence and during the continuance of which Default Interest accrues pursuant to Section 2.03(d)(ii) of the Indenture.
Specified Events of Default means the breach or default of the Borrower under the following provisions of the Loan Documents for the period or as of the date described below: Section/Covenant Date/Period Required Performance Actual Performance Section 5.8 of the Loan Agreement May 2, 2010 Delivery of quarterly financial statements and compliance certificate within 45 days after the end of each fiscal quarter June 21, 2010
Specified Events of Default means, collectively, (i) the Default arising from the Issuer’s failure to comply with Section 3.10(a)(1) of the Indenture for failure of the Issuer to furnish to the Trustee, within the time period set forth therein after the fiscal year ended December 31, 2015, all financial information (including audited financial statements) that would be required to be contained in an annual report on Form 10-K, or any successor or comparable form, filed with the SEC, including a “Management’s discussion and analysis of financial condition and results of operations” and a report on the annual financial statements by the Issuer’s independent registered public accounting firm, which Default became an Event of Default on July 17, 2016, and (b) the Default arising from the Issuer’s failure to comply with Section 3.10(a)(2) of the Indenture for failure of the Issuer to furnish to the Trustee, within the time period set forth therein after the fiscal quarter ended March 31, 2016, all financial information that would be required to be contained in a quarterly report on Form 10-Q, or any successor or comparable form, filed with the SEC, which Default will become an Event of Default on August 1, 2016.