Noticed Event of Default definition

Noticed Event of Default means (i) an Event of Default with respect to the Borrower under Section 9.05 of the Credit Agreement and (ii) any other Event of Default in respect of which the Beneficiary has given the Borrower notice that such Event of Default constitutes a "Noticed Event of Default".

Noticed Event of Default means any Event of Default as to which the Administrative Agent has given Holdings written notice that (i) such Event of Default constitutes a Noticed Event of Default and (ii) to the extent such notice may be given without violation of applicable law, the Collateral Agent intends, as a result of such Event of Default (alone or among others), to exercise its rights hereunder, provided that an Event of Default under Section 7.01(h) or (i) of the Credit Agreement shall in any event constitute a Noticed Event of Default.

Noticed Event of Default means (i) an Event of Default with respect to any Assignor under clause (h), (i) or (j) of Section 11 of the DIP Credit Agreement and (ii) any other Event of Default in respect to which the Collateral Agent has given the U.S. Borrower notice that such Event of Default constitutes a “Noticed Event of Default”.

Examples of Noticed Event of Default in a sentence

• He further noted that one of the proposed warning labels was then later amended on 8 December 2016 and his delegation also requested an appropriate transition period to allow time for businesses to adjust.

• So long as no Noticed Event of Default has occurred and is continuing, the Trustee and Beneficiary will release any interest they have in any and all compensation, awards, damages and proceeds paid to the Trustor or the Borrower on account of such Condemnation and Trustor may use such compensation awards, damages and proceeds for repair, restoration, replacement or other business purposes as Trustor may reasonably determine.

• The Collateral Agent, on behalf of the Secured Parties, shall have the right (in its sole and absolute discretion) to hold the Pledged Securities in the name of the applicable Guarantor, endorsed or assigned in blank or in favor of the Collateral Agent or, if a Noticed Event of Default shall have occurred and be continuing, in its own name as pledgee or the name of its nominee (as pledgee or as sub-agent).

• It is the further intent and understanding of the parties that the Beneficiary, following a Noticed Event of Default, may pursue all of its collateral with the Obligations remaining outstanding and in full force and effect notwithstanding any judgment of foreclosure or any other judgment which the Beneficiary may obtain.

• Except as otherwise provided in the Credit Agreement, the Collateral Agent shall apply any proceeds of such insurance required after a Noticed Event of Default in accordance with Section 7.4 (it being understood that so long as no Noticed Event of Default has occurred and is continuing, the Collateral Agent will release any interest it has in the proceeds of any casualty insurance to the Assignors).

More Definitions of Noticed Event of Default

Noticed Event of Default shall have the meaning provided in Section 5 hereof.

Noticed Event of Default means (x) until the First Lien Termination Date occurs, a Noticed Event of Default under and as defined in the First Lien Pledge Agreement and (y) thereafter, any Event of Default as to which the Administrative Agent has given Holdings written notice that (i) such Event of Default constitutes a Noticed Event of Default and (ii) to the extent such notice may be given without violation of applicable law, the Collateral Agent intends, as a result of such Event of Default (alone or among others), to exercise its remedies hereunder provided that an Event of Default under Section 7.01(g) or (h) of the Loan Agreement shall in any event constitute a Noticed Event of Default.

Noticed Event of Default has the meaning ascribed to such term in the Parent Guarantee and U.S. Pledge Agreement.

Noticed Event of Default means (i) an Event of Default specified in section 10.1(h) of the Credit Agreement and (ii) any other Event of Default under the Credit Agreement in respect of which the Pledgee has given the Borrower notice that such Event of Default constitutes a Noticed Event of Default.

Noticed Event of Default means (i) any Event of Default arising under

Noticed Event of Default has the meaning specified in Section 15.

Noticed Event of Default means (i) an Event of Default has occurred and is continuing; and (ii) Administrative Agent has notified the Borrower Parties in writing of such Event of Default.