Common use of Default and Events of Default Clause in Contracts

Default and Events of Default. The term “Default” as used herein or in any of the other Loan Documents shall mean an Event of Default, or any fact or circumstance which constitutes, or upon the lapse of time, or giving of notice, or both, could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.1, or in Section 11.2, shall constitute an "Event of Default":

Appears in 2 contracts

Samples: Loan Agreement (STW Resources Holding Corp.), Loan Agreement (STW Resources Holding Corp.)

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Default and Events of Default. The term “Default” as used herein or in any of the other Loan Documents shall mean an Event the occurrence of Defaultany event or existence of any condition that, or any fact or circumstance which constitutes, or upon but for the lapse of time, or giving of notice, the lapse of time or both, could would constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.1, or in Section 11.29.1, shall constitute an "Event of Default":”.

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Centerline Holding Co), Warehousing Credit and Security Agreement (Centerline Holding Co)

Default and Events of Default. The term "Default" as used herein or in any of the other Loan Documents shall mean an Event of Default, or any fact or circumstance which constitutes, or upon the lapse of time, or giving of notice, or both, could would constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.1, or in Section 11.2, 8.1 shall constitute an "Event of Default":.

Appears in 2 contracts

Samples: Acquisition Loan Agreement (Chartermac), Loan Agreement (Charter Municipal Mortgage Acceptance Co)

Default and Events of Default. The term "Default" as used herein or in any of the other Loan Documents shall mean an Event of Default, or any fact or circumstance which constitutes, or upon the lapse of time, or giving of notice, or both, could would constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.1, or in Section 11.29.1, shall constitute an "Event of Default":.

Appears in 2 contracts

Samples: Mortgage Warehousing Credit and Security Agreement (Charter Municipal Mortgage Acceptance Co), Credit and Security Agreement (Chartermac)

Default and Events of Default. The term "Default" as used herein or in any of the other Loan Documents shall mean an Event of DefaultDefault (as defined below), or any fact or circumstance which constitutes, or upon the lapse of time, time or giving of notice, or both, could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.1., or in Section 11.2., shall constitute an "Event of Default"" under this Agreement:

Appears in 1 contract

Samples: Commercial Real Estate Mortgage Loan Agreement (Procaccianti Hotel Reit, Inc.)

Default and Events of Default. The term “Default” as used herein or in any of the other Loan Documents shall mean an Event of Default, or any fact or circumstance which constitutes, or upon the lapse of time, or giving of notice, or both, could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.1., or in Section 11.2., shall constitute an "Event of Default":

Appears in 1 contract

Samples: Loan Agreement (STAG Industrial, Inc.)

Default and Events of Default. The term “Default” as used herein or in any of the other Loan Documents shall mean means an Event of Default, or any fact or circumstance which constitutes, or upon the lapse of time, or giving of notice, or both, could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.1, or in Section 11.2, shall constitute an "Event of Default":

Appears in 1 contract

Samples: Loan Agreement (Unitil Corp)

Default and Events of Default. The term “Default” as used herein or in any of the other Loan Documents shall mean an Event of Default, or any fact or circumstance which constitutes, or upon the lapse of time, or giving of notice, or both, could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.1, or in Section 11.2, 11.2 shall constitute an "Event of Default":”.

Appears in 1 contract

Samples: Loan Agreement (Clarion Partners Property Trust Inc.)

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Default and Events of Default. The term “Default” as used herein or in any of the other Loan Documents shall mean an Event of Default, or any fact or circumstance which constitutes, or upon the lapse of time, or giving of notice, or both, could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.1, or in Section 11.2, shall constitute an "Event of Default":

Appears in 1 contract

Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.)

Default and Events of Default. The term “Default” as used herein or in any of the other Loan Documents shall mean an Event the occurrence of Defaultany event or existence of any condition that, or any fact or circumstance which constitutes, or upon but for the lapse of time, or giving of notice, the lapse of time or both, could would constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.1, 9.1 or waived in Section 11.2accordance with the terms of this Agreement, shall constitute an "Event of Default":”.

Appears in 1 contract

Samples: Mortgage Warehousing (Ares Commercial Real Estate Corp)

Default and Events of Default. The term "Default" as used herein or in any of the other Loan Documents shall mean an Event of Default, or . The occurrence of any fact or circumstance which constitutes, or upon the lapse of time, or giving of notice, or both, could constitute, an Event of Default. Each of the following events, unless cured within respectively, shall, subject to the giving of any notice or the expiration of any applicable grace period (if any) set forth or referred to below in this Section 11.1, or in Section 11.29.2 without the cure thereof, shall constitute an "Event of Default":" herein.

Appears in 1 contract

Samples: Operating Agreement (First Union Real Estate Equity & Mortgage Investments)

Default and Events of Default. The term “Default” as used herein or in any of the other Loan Documents shall mean an Event of Default, or any fact or circumstance which constitutes, or upon the lapse of time, or giving of notice, or both, could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.1, 11.1 or in Section 11.2, shall constitute an "Event of Default":

Appears in 1 contract

Samples: Revolving Credit Agreement (TNP Strategic Retail Trust, Inc.)

Default and Events of Default. The term “Default” as used herein or in any of the other Loan Documents shall mean an Event means a default of Defaultthe Borrower’s obligation, or any fact or circumstance which constitutes, or upon the lapse of time, or giving of notice, or both, could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period (if any) set forth or referred to below in this Section 11.110.1, or in Section 11.210.2, shall constitute an "Event of Default":

Appears in 1 contract

Samples: Loan Agreement (Worksport LTD)

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