Fund Group Event of Default definition

Fund Group Event of Default means, with respect to a Fund Group, an Event of Default with respect to any Credit Party in such Fund Group.
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Fund Group Event of Default means, with respect to any Fund Group, an Event of Default with respect to any Credit Party in such Fund Group.
Sample 1Sample 2Sample 3

Examples of Fund Group Event of Default in a sentence

  • Provided there exists no Fund Group Event of Default or Fund Group Potential Default, and subject to compliance with the terms of this Section 2.15, with the written consent of the Administrative Agent, such consent to be given in its sole and absolute discretion, the Borrowers may increase the Maximum Commitment to an agreed upon amount.

  • If a Fund Group Event of Default has occurred and is continuing with respect to such Fund Group, then (in lieu of the interest rate provided in Section 2.6(a) above) all Obligations of such Fund Group shall bear interest, after as well as before judgment, at the Default Rate.

  • At all times when a Fund Group Event of Default has occurred and is continuing with respect to any Credit Party’s Fund Group and any Investor of such Fund Group has failed to fund any Capital Contribution to such Fund Group when due or otherwise defaulted on any of its obligations to any Credit Party in such Fund Group, then such Credit Party shall exercise its available remedies as to such Investor only with the written consent of the Administrative Agent, at the direction of the Required Lenders.

  • Suggestions were given to prepare teachers of why they should remain in the union, i.e. info cards like ConCon; send out a blurb on union history or facts on what your union has done for you as a teacher sending out one a week online.

  • So long as no Fund Group Event of Default has occurred and is continuing with respect to a Fund Group, all payments made on the Obligations of such Fund Group shall be applied as directed by the Borrowers of such Fund Group.

  • No event has occurred and is continuing which constitutes a Fund Group Event of Default or, to the knowledge of the Responsible Officers of such Credit Party, a Fund Group Potential Default with respect to such Credit Party’s Fund Group.

  • A request of the Borrowers in a Fund Group for a Conversion of a Reference Rate Loan to a SOFR Loan is subject to the condition that no Fund Group Event of Default or Fund Group Potential Default in respect of such Fund Group exists at the time of such request or after giving effect to such Conversion.

  • While a Fund Group Event of Default in respect of such Fund Group is continuing, accrued and unpaid default interest on the accruing Obligations of such Fund Group shall be due and payable in arrears on demand by the Administrative Agent.

  • CSG (11R), CSS (23R) , Commerzbank (12R), and BANA (21R) dispute subject matter jurisdiction but not personal jurisdiction.

Related to Fund Group Event of Default

  • 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)).

  • 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.

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

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

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

  • Specified Event of Default means any Event of Default under Section 8.01(a), Section 8.01(f) or Section 8.01(g).

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

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