Default; Event of Default. No Default or Event of Default under the Credit Agreement has occurred and is continuing.
Default; Event of Default. The occurrence of any Default or Event of Default;
Default; Event of Default. After the occurrence and during the continuance of any default under a Credit Document, Guarantor shall, if Administrative Agent or Hermes Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Lender Parties and deliver such payments to Administrative Agent on account of the Guaranteed Obligations (including all Post-Petition Interest), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of Guarantor under the other provisions of this Guaranty. After the occurrence and during the continuance of an Event of Default, Administrative Agent is authorized and empowered (but without any obligation to so do), in its discretion, to require Guarantor (a) to collect and enforce, and to submit claims in respect of, the Subordinated Obligations, and (b) to pay any amounts received on such obligations to Administrative Agent for application to the Guaranteed Obligations (including any and all Post-Petition Interest).
Default; Event of Default. For purposes of this Agreement the terms “Default” and “Event of Default” shall have the following meanings:
Default; Event of Default. A Default or Event of Default shall exist;
Default; Event of Default. No Default or Event of Default has occurred and is continuing.
Default; Event of Default. The occurrence or existence of any Default or Event of Default, or any event or circumstance that could reasonably be expected to become a Default or Event of Default;
Default; Event of Default. No Default or Event of Default shall exist or would be caused by adding such Project to the Borrowing Base.
Default; Event of Default. A “Default” is defined as a failure by Lessee to comply with or perform any of the terms, covenants or other obligations of Lessee under this Lease. An “Event of Default” is defined as the occurrence of one or more of the following Defaults, and the failure of Lessee to cure such Default within any applicable grace period:
Default; Event of Default. There shall not be continuing any Insolvency Event with respect to the Lessee or Guarantor, Event of Default, Event of Loss, Force Majeure Event or Material Environmental Violation nor shall Lessor have given a Termination Notice pursuant to Section 15.1 of the Lease or Section 3.4 of the Construction Agency Agreement, and no Event of Default, Event of Loss, Force Majeure Event or Significant Environmental Event will have occurred after giving effect to the making of the Advance requested by such Advance Request.
