Default Event Definition. The occurrence of any of the following events in respect to a Participant (the “Defaulting Participant”) shall constitute a Default Event under this Agreement.
Events of Default Defined The following shall each constitute an "Event of Default" hereunder:
Project Definition The known characteristics of the Project and sub-projects shall be described in general terms which will provide the participants a basic understanding of the Project and sub- projects.
Additional Definitions The following terms have the meanings given below:
Special Definitions For purposes of this Article Fourth, the following definitions shall apply: