Events of Default Any of the following shall constitute an Event of Default:
Events of Default Defined The following shall each constitute an "Event of Default" hereunder:
Events of Default by Seller In addition to the Events of Default described in Section 9.1, each of the following shall constitute an Event of Default by Seller hereunder:
Notice of Events of Default The Issuer shall give a Responsible Officer of the Indenture Trustee and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.
Events of Default Remedies If any of the following events (“Events of Default”) shall occur:
Events of Default and Remedies Section 8.01
Train Operator Events of Default The following are Train Operator Events of Default:
Events of Default by Either Party It shall constitute an event of default (“Event of Default”) by either Party hereunder if:
EVENTS OF DEFAULTS AND CONSEQUENCES 9.1 Subject to the Force Majeure clause, the Promoter shall be considered under a condition of Default, in the following events:
Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):
