Sublease Event of Default definition

Sublease Event of Default means, with respect to each Facility Sublease, Lease Event of Default as such term is defined in such Facility Sublease.
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Sublease Event of Default is defined in Article X of the Sublease.
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Sublease Event of Default has the meaning ascribed to is on Section 16 hereof;
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Examples of Sublease Event of Default in a sentence

  • In addition to, and not in limitation of, the indemnification obligations set forth in the Master Lease, Sub-Subtenant shall indemnify, defend and hold Sub-Sublandlord and Master Landlord harmless from and against all liability, damages, claims, costs and expenses, including reasonable attorneys’ fees incurred in connection therewith, arising out of a Sublease Event of Default.

  • If any AESOP I Operating Sublease Event of Default shall have occurred and be continuing, no contest shall be required, and any contest which has begun shall not be required to be continued to be pursued, unless arrangements to secure the payment of such Sublessee's obligations pursuant to this Section 16 hereunder have been made and such arrangements are reasonably satisfactory to the Sublessor.

  • So long as no Sublease Event of Default (as set forth in Section 10 hereof) shall have occurred and be continuing, ASARCO shall not interfere with Doe Run's continued possession, use and operation of, and quiet enjoyment of, the Leased Equipment pursuant to the terms of this Sublease.

  • His delegation was concerned that one Member State had been unable to pay its assessed contributions to the United Nations owing to unacceptable, unilateral sanctions imposed on it by another Member State.

  • For the avoidance of doubt, if a Sublease Event of Default or Default exists under SECTION 14(a) or 14(b) hereof, Sublessee may not exercise the foregoing purchase options unless at or prior to the time it purchases the Aircraft, Sublessee pays all amounts due to Sublessor under the Operative Documents, thereby curing any such SECTION 14(a) or 14(b) Default or Sublease Event of Default.

  • After giving effect to the waiver by Sublessor of the Specified Payment Default pursuant to and as described in this Agreement, no event has occurred and is continuing, or would result from the effectiveness of this Agreement, the Restructuring Letter Agreement, or the Tax Indemnification Agreement Amendment, which constitutes a Sublease Default or Sublease Event of Default under and as defined in the Sublease.

  • At such time as there shall not be continuing any such Sublease Event of Default or there shall not be due and owing any such payment, such amount (to the extent not theretofore otherwise applied) shall be paid to Sublessee.

  • Id. at 268-295.3Hamilton was sentenced to 20 years on each of the two counts of aggravated sexual battery, and five years for each of the other counts.

  • In addition to, and not in limitation of, the indemnification obligations set forth in the Master Lease, Subtenant shall indemnify, defend and hold Sublandlord and Master Landlord harmless from and against all liability, damages, claims, costs and expenses, including reasonable attorneys’ fees incurred in connection therewith, arising out of a Sublease Event of Default.

  • It means that the active debt management should quantify and take due account of the differential between the potential cost increase attributable to the uncontrolled risk and the cost of eliminating such risk.


More Definitions of Sublease Event of Default

Sublease Event of Default means any of the events described in Section 16 of the Sublease.
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Sublease Event of Default means a “Sublease Event of Default” as defined in Section 16.1 hereof.
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Sublease Event of Default shall have the meaning specified in Section 16 of the Facility Sublease.
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Sublease Event of Default is defined in section 7.8.1 of this Sublease.
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Sublease Event of Default for "Event of Default", (ii) "Sublease" for "Agreement", (iii) "Subtenant" for "Tenant", (iv) "Sublease Basic Rent" for "Basic Rent" and (v) "Tenant" for "Landlord"; and
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Related to Sublease Event of Default

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Owner Event of Default has the meaning set forth in Section 20.3.

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Event of Default has the meaning specified in Section 8.01.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Issuer Event of Default means the occurrence of any of the following events:

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Specified Event of Default means any Event of Default pursuant to Section 9.01(a), Section 9.01(f) or Section 9.01(g).

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Lease Default means any event or condition which, with the lapse of time or the giving of notice, or both, would constitute a Lease Event of Default.