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 the occurrence of any event or existence of any condition that, but for the giving of notice, the lapse of time or both, would constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period set forth or referred to below in this Section 9.1, 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)

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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 any fact or circumstance which constitutes, or upon the occurrence lapse of any event time, or existence of any condition that, but for the giving of notice, the lapse of time or both, would could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period set forth or referred to below in this Section 9.111.1, or in Section 11.2 shall constitute an “Event of Default”.

Appears in 1 contract

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

Default and Events of Default. The term "Default" as used herein or in any of the other Loan Documents shall mean the occurrence of any event or existence of any condition that, but for the giving of notice, the lapse of time or both, would constitute, an Event of Default. Each The occurrence of any of the following events, unless cured within respectively, shall, subject to the giving of any notice or the expiration of any applicable grace period set forth or referred to below in this Section 9.19.2 without the cure thereof, shall constitute an "Event of Default" herein.

Appears in 1 contract

Samples: Omnibus 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 the occurrence an Event of Default (as defined below), or any event fact or existence of any condition thatcircumstance which constitutes, but for the giving of notice, or upon the lapse of time or giving of notice, or both, would could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period set forth or referred to below in this Section 9.111.1., 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 the occurrence of any event or existence of any condition that, but for the giving of notice, the lapse of time or both, would constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period set forth or referred to below in this Section 9.19.1 or waived in accordance with the terms of this Agreement, shall constitute an “Event of Default”.

Appears in 1 contract

Samples: Mortgage Warehousing Credit and Security Agreement (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 any fact or circumstance which constitutes, or upon the occurrence lapse of any event time, or existence of any condition that, but for the giving of notice, the lapse of time or both, would could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period set forth or referred to below in this Section 9.111.1., or in Section 11.2., shall constitute an “Event of Default”.:

Appears in 1 contract

Samples: Loan Agreement (STAG Industrial, 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 occurrence lapse of any event time, or existence of any condition that, but for the giving of notice, the lapse of time or both, would 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 9.111.1, 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 means an Event of Default, or any fact or circumstance which constitutes, or upon the occurrence lapse of any event time, or existence of any condition that, but for the giving of notice, the lapse of time or both, would could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period set forth or referred to below in this Section 9.111.1, 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 occurrence lapse of any event time, or existence of any condition that, but for the giving of notice, the lapse of time or both, would could constitute, an Event of Default. Each of the following events, unless cured within any applicable grace period set forth or referred to below in this Section 9.111.1 or in Section 11.2, shall constitute an “Event of Default”.:

Appears in 1 contract

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

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