Specified Default definition

Specified Default means a Default under Section 8.01(a), (f) or (g).

Specified Default means the occurrence of an Event of Default under Section 8.01(a), (f) or (g).

Specified Default means the occurrence of any of the following:

Examples of Specified Default in a sentence

• VBI will deliver to Brii, (a) within five (5) business days after delivery to K2, the items required pursuant to Sections 5.1(a)(ii) and 5.1(b) of the Loan Amendment and (b) immediately, notice of the occurrence of any Additional Specified Default (as defined in the Loan Amendment) or the breach of any Forbearance Condition (as defined in the Loan Amendment).

• Lender hereby waives the Specified Default, subject to (i) there being no other Event of Default in existence and continuing on the date hereof after giving effect to this Waiver, and (ii) the other terms and conditions set forth herein.

• Bxxxxxxx has requested that Lxxxxx agree to waive the Specified Default, and Lxxxxx is willing to agree to grant such waiver, subject to the terms and conditions and to the extent set forth in this Waiver.

More Definitions of Specified Default

Specified Default means any Default under either of Sections 10.01 or 10.05.

Specified Default shall have the meaning set forth in Section 5 hereof.

Specified Default means any Event of Default under Sections 11.1 or 11.5.

Specified Default means any Default under Section 10.01 or 10.05.

Specified Default means (a) an event or condition described in Section ----------------- 16(a), (f), (g) or (h) of the Lease that, after the giving of notice or lapse of time, or both, would become an Event of Default, or (b) any Event of Default.

Specified Default shall have the meaning assigned to such term in Section 2.13(a).

Specified Default means an Event of Default under Section 11.1(a), (g) or (h).