LOAN NOTE EVENTS OF DEFAULT Sample Clauses

LOAN NOTE EVENTS OF DEFAULT. The Security Trustee shall not be bound to give notice to any person of the execution of this Deed, any relevant Loan Note Supplement, any other Series Document or any other Relevant Documents or any transaction contemplated hereby or thereby or to take any steps to ascertain whether any Loan Note Event of Default, Potential Loan Note Event of Default, Trust Pay Out Event, Series Pay Out Event or Note Event of Default has happened and, until it shall have actual knowledge or express written notice to the contrary, the Security Trustee shall be entitled to assume that no Loan Note Event of Default, Potential Loan Note Event of Default, Trust Pay Out Event, Series Pay Out Event or Note Event of Default has happened and that the Loan Note Issuer and each other party to this Deed, any Loan Note Supplement, any other Series Document and any other Relevant Document is observing and performing all the obligations on its part contained in the Loan Notes and under this Deed and any relevant Loan Note Supplement and/or any other Relevant Document to which it is a party and that no event has happened as a consequence of which any of the Loan Notes may become repayable.
Sample 1Sample 2
AutoNDA by SimpleDocs
LOAN NOTE EVENTS OF DEFAULT. Except to the extent required pursuant to section 315(b) of the TIA, the Security Trustee shall not be bound to give notice to any person of the execution of this Deed and any relevant Loan Note Supplement or any of the Transaction Documents or any transaction contemplated hereby or thereby or to take any steps to ascertain whether any Loan Note Event of Default or any Potential Loan Note Event of Default has happened and, until it shall have actual knowledge or express written notice to the contrary, the Security Trustee shall be entitled to assume that no Loan Note Event of Default or such condition, event or act has happened and that the Loan Note Issuer and each other party to any Transaction Document is observing and performing all the obligations on its part contained in the Loan Notes and under this Deed and any relevant Loan Note Supplement and/or any Transaction Document to which it is a party.
Sample 1Sample 2
LOAN NOTE EVENTS OF DEFAULT. Except to the extent required pursuant to section 315(b) of the TIA and save for notice to be served pursuant hereto to perfect the Loan Note Issuer Jersey Security Interest, the Security Trustee shall not be bound to give notice to any person of the execution of this Security Trust Deed and any relevant Loan Note Supplement or any of the Transaction Documents or any transaction contemplated hereby or thereby or to take any steps to ascertain whether any Loan Note Event of Default or any Potential Loan Note Event of Default has happened and, until it shall have actual knowledge or express written notice to the contrary, the Security Trustee shall be entitled to assume that no Loan Note Event of Default or Potential Loan Note Event of Default has happened and that the Loan Note Issuer and each other party to any Transaction Document is observing and performing all the obligations on its part contained in the Loan Notes and under this Security Trust Deed and any relevant Loan Note Supplement and/or any Transaction Document to which it is a party.
Sample 1

Related to LOAN NOTE EVENTS OF DEFAULT

  • Events of Default, Etc During the period during which an Event of Default shall have occurred and be continuing:

  • Events of Default; Waiver The Holders of a Majority in liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Preferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

  • Lease Events of Default The following events shall constitute Lease Events of Default hereunder (whether any such event shall be voluntary or involuntary or come about or be effected by operation of law or pursuant to or in compliance with any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) and each such Lease Event of Default shall be deemed to exist and continue so long as, but only as long as, it shall not have been remedied:

  • Events of Default Any of the following shall constitute an Event of Default:

  • Additional Events of Default The parties hereto acknowledge, confirm and agree that the failure of Borrower or any Guarantor to comply with any of the covenants, conditions and agreements contained herein or in any other agreement, document or instrument at any time executed by Borrower or any Guarantor in connection herewith shall constitute an Event of Default under the Financing Agreements.

  • Events of Default Defined The following shall each constitute an "Event of Default" hereunder:

  • Other Events of Default Determination by COUNTY, the State Fair Employment Commission, or the Federal Equal Employment Opportunity Commission of discrimination having been practiced by CONTRACTOR in violation of State and/or Federal laws thereon.

  • Liquidity Events of Default If (a) any Liquidity Event of Default has occurred and is continuing and (b) there is a Performing Note Deficiency, the Liquidity Provider may, in its discretion, deliver to the Borrower a Termination Notice, the effect of which shall be to cause (i) the obligation of the Liquidity Provider to make Advances hereunder to expire on the fifth Business Day after the date on which such Termination Notice is received by the Borrower, (ii) the Borrower to promptly request, and the Liquidity Provider to promptly make, a Final Advance in accordance with Section 2.02(d) hereof and Section 3.6(i) of the Intercreditor Agreement, (iii) all other outstanding Advances to be automatically converted into Final Advances for purposes of determining the Applicable Liquidity Rate for interest payable thereon, and (iv) subject to Sections 2.07 and 2.09 hereof, all Advances (including, without limitation, any Provider Advance and Applied Provider Advance), any accrued interest thereon and any other amounts outstanding hereunder to become immediately due and payable to the Liquidity Provider.

  • No Events of Default No Event of Default has occurred and is continuing nor has any event occurred which, with the giving of notice or the passage of time, or both, would constitute an Event of Default.

Time is Money Join Law Insider Premium to draft better contracts faster.