An Event Sample Clauses
An Event of Default shall occur if:
An Event of Servicer Termination shall not affect the rights and duties of the parties hereunder other than those relating to the management, administration, servicing, custody or collection of the Contracts or the payment of certain expenses by the successor Servicer, in each case, as expressly set forth herein.
An Event of Default that occurs shall exist or continue or be continuing unless such Event of Default is waived by Lender in accordance with the terms of this Agreement;
An Event of Default as defined in the ------------------ Participation Agreement shall constitute an "Event of Default" under this Lease. ----------------
An Event of Default shall be cured only when Assignor shall have paid and satisfied in full all Obligations and other sums owing and past due and shall have performed all other terms, covenants and conditions, the failure of performance of which terminated the license herein above mentioned, or shall have received a written waiver from Assignee of such Event of Default.
An Event of Default under this Guarantee will occur upon the failure of the Guarantor to perform any of its payment or other obligations hereunder. The Holders of a Majority in liquidation amount of the Capital Securities may, voting or consenting as a class, on behalf of the Holders of all of the Capital Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and shall be deemed to have been cured, for every purpose of this Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.
An Event of Default (as defined in the 1997 Lease) occurs under the 1997 Lease.
An Event of Default on the part of Subcontractor shall occur upon the happening of any one or more of the following events:
6.1.1 a refusal or neglect by Subcontractor to supply a sufficient number of skilled workers, a sufficient quantity of materials of the specified quality, or a sufficient amount of equipment, parts, and Systems of the specified quantity and performance requirement;
6.1.2 a failure by Subcontractor to prosecute the Work with diligence and promptness;
6.1.3 an act or omission by Subcontractor which stops, delays, interferes with, or damages the Work or any Other Work;
6.1.4 any other failure by Subcontractor to perform any other terms and conditions of the Contract;
6.1.5 a determination by Contractor that the Work or any portion of the Work is not being performed in accordance with the Contract;
6.1.6 the filing by or against Subcontractor of a petition under the Bankruptcy Code or for other debtor or insolvency relief;
6.1.7 the filing by or against Subcontractor of proceedings in furtherance of liquidation or dissolution;
6.1.8 the acknowledgment by Subcontractor of insolvency;
6.1.9 a determination by Contractor that Subcontractor has been acting or failing to act in a manner that evidences financial difficulties on the part of Subcontractor; and/or
6.1.10 the failure to pay any subcontractor monies which Subcontractor has been paid by Contractor.
An Event of Default shall mean (1) the occurrence of an event (and the lapse of all applicable cure periods) which would allow the holder of the Note to declare the Note immediately due and payable and (2) the breach of any representation, warranty or covenant of the Pledgor made herein.
a. Unless and until there exists an Event of Default, the Pledgor shall be entitled to exercise all voting and other consensual rights pertaining to the Pledged Securities and shall be entitled to receive and retain any cash dividends thereon and any cash distributions made in respect thereof.
a. In the event the Pledge Agent sells the Pledged Securities pursuant to Paragraph 3(c) the Pledge Agent on behalf of the Pledgees shall have all of the rights of a secured party upon the occurrence of a default under the Uniform Commercial Code then in effect in the State of New York; and without limiting the generality of the foregoing, upon the occurrence of a Default, the Pledgees shall have the right at any time or times to direct the Pledge Agent to sell, resell, assign and deliver, all in a commercially reasonable manner, the Pledged Securities or any part thereof, in one or more parcels, at such price or prices as shall be commercially reasonable, at public or private sale, at any exchange or broker's board or elsewhere.
An Event of Default or a Termination Event shall occur under the Master Agreement or an Early Termination Date shall be designated for any other reason under any Confirmation executed by Borrower and Lender under the Master Agreement;