Other Defaults definition

Other Defaults has the meaning attributed to it in section 10.02;
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Other Defaults. The Borrower fails to comply with or to perform any other term, obligation, covenant or condition contained in this Note.
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Other Defaults may occur if:
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Examples of Other Defaults in a sentence

  • Any breach by the Borrower of its obligations under this Section 7 shall constitute a Default under Section 8.01 (c) (Other Defaults) of the Credit Agreement and, if unremedied after the provision of notice and passage of time contemplated by such Section, an Event of Default for all purposes of the Credit Agreement and the other Loan Documents.

  • Borrower fails to make any payment when due under the Loan Other Defaults.

  • Notwithstanding anything in this Agreement to the contrary, if Licensee receives a Termination Notice, or if this Agreement is terminated by Licensee pursuant to Section 12(b) (Payment Default), or if this Agreement is terminated by Licensee pursuant to Section 12(d) (Other Defaults), then immediately upon the receipt of the Termination Notice or the effective date of such termination, the provisions of this Section 4(c) shall no longer be effective.

  • Notwithstanding anything in this Agreement to the contrary, if Licensee receives a Termination Notice, or if this Agreement is terminated by Licensee pursuant to Section 12(b) (Payment Default), or if this Agreement is terminated by Licensee pursuant to Section 12(d) (Other Defaults), then immediately upon the receipt of the Termination Notice or the effective date of such termination, the provisions of this Section 4(e) shall terminate and cease to be of force and effect.

  • Any representation, warranty or certification made or deemed made by any Loan Party in any Loan Document or in any certificate required to be delivered in connection herewith or therewith (including, for the avoidance of doubt, any Perfection Certificate and any Perfection Certificate Supplement) being untrue in any material respect as of the date made or deemed made; or (e) Other Defaults Under Loan Documents.

  • An SEC/FINRA or judicial stop trade order or Principal Market trading suspension that lasts for five or more consecutive trading days; 3.14 Other Defaults.

  • Other Defaults, Grantor fails to comply with or to perform any other term, obligation, covenant or condition contained in this Agreement or any of the Related Documents or to comply with or to perform any term, obligation, covenant or condition contained in any other agreement between Lender and Grantor.

  • Any default having an adverse affect on any lien granted by Borrower in favor of Lender pursuant to related documents, or under the category of Default, which includes, Payment Default, Other Defaults, Default in Favor of Third Parties, False Statements, Insolvency, Creditor or Forfeiture Proceedings, Events Affecting Guarantor, Change in Ownership, Adverse Change, or Cure Provisions.

  • Other Defaults, Failure of Borrower or any Grantor to comply with or to perform when due any other term, obligation, covenant or condition contained in this Agreement or in any of the Related Documents, or failure of Borrower to comply with or to perform any other term, obligation, covenant or condition contained in any other agreement between Lender and Borrower.

  • Notwithstanding the section above entitled "Other Defaults", Borrower fails to comply with or to perform any other term.


More Definitions of Other Defaults

Other Defaults. Borrower fails to comply with or to perform any other term, obligation, covenant or condition contained in this Note or in any of the related documents or to comply with or to perform any term, obligation, covenant or condition contained in any other agreement between Lender and Borrower, and does not cure such failure within thirty (30) days following notice from Lender of such failure."
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Other Defaults. Is defined in Section12.3.
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Other Defaults is hereby amended and restated as follows:
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Related to Other Defaults

  • Default means any event that is, or with the passage of time or the giving of notice or both would be, an Event of Default.

  • Events of Default has the meaning specified in Section 6.01.

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

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • Existing Defaults means, collectively, the Events of Default identified on Exhibit A hereto.

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

  • Minor Default means any Event of Default that is not a Major Default.

  • Customer Default shall have the meaning set forth in Section 11.1.

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

  • Loan Default means an event, which with the giving of notice or lapse of time or both, would become a Loan Event of Default.

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

  • Senior Default means any Senior Payment Default or Senior Covenant Default.

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p).

  • Seller Default has the meaning set forth in Section 11.2.

  • 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).

  • Owner Event of Default shall have the meaning set forth in Section 12.3 hereof

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

  • 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.

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Guarantor Default means any condition or event that with the giving of notice or lapse of time or both would, unless cured or waived, become a Guarantor Event of Default.

  • Unmatured Event of Default means any event that, if it continues uncured, will, with lapse of time, notice or lapse of time and notice, constitute an Event of Default.

  • Senior Event of Default means an Event of Default under a Senior Financing Agreement.