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 set forth or referred to below in this Section 11.1., or in Section 11.2., shall constitute an "Event of Default":
Appears in 3 contracts
Samples: Construction Loan Agreement (American Retirement Corp), Senior Loan Agreement (NNN 2002 Value Fund LLC), Term Loan Agreement (Westwood Group 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 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 11.1., or in Section 11.2.9.1, shall constitute an "Event of Default":.
Appears in 2 contracts
Samples: Mortgage Warehousing Credit and Security Agreement (Charter Municipal Mortgage Acceptance Co), Mortgage Warehousing 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 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 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), Acquisition Loan Agreement (Charter Municipal Mortgage Acceptance Co)
