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 Credit 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 or notice period set forth or referred to below in this Section 9.1, or in Section 9.2, shall constitute an “Event of Default”:

Default and Events of Default. The term “Default” as used herein or in any of the other Credit 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 or notice period (if any) set forth or referred to below in this Section 9.111.1, or in Section 9.211.2, shall constitute an “"Event of Default”":