Enumeration of Events of Default. Any of the following events shall constitute an Event of Default:
(a) default shall be made in the payment when due of any installment of principal or interest under this Agreement or the Notes or in the payment when due of any fee or other sum payable under any Loan Document to which the relevant Borrower is a party and such default shall continue unremedied for five days;
(b) default shall be made by any of the Borrowers in the due observance or performance of any of its obligations under the Loan Documents to which the relevant Borrower is a party, and, as to compliance with the obligations of any of the Borrowers under Article V (other than Section 5.14), such default shall continue for ten days after the earlier of notice thereof to the relevant Borrower or Borrowers by the Agent or knowledge thereof by the relevant Borrower or any of the other Borrowers;
(c) any representation or warranty made by any of the Borrowers in any of the Loan Documents to which the relevant Borrower is a party proves to have been untrue in any material respect or any representation, statement (including Financial Statements), certificate or data furnished or made to the Agent or any Lender in connection herewith proves to have been untrue in any material respect as of the date the facts therein set forth were stated or certified;
(d) default shall be made by any of the Borrowers (as principal or guarantor or other surety) in the payment or performance of any bond, debenture, note or other Indebtedness in excess of $500,000 in the aggregate as to the relevant Borrower or under any credit agreement, loan agreement, indenture, promissory note or similar agreement or instrument executed in connection with any of the foregoing, and such default shall remain unremedied for in excess of the period of grace, if any, with respect thereto;
(e) the levy against any significant portion of the Property of any of the Borrowers, or any execution, garnishment, attachment, sequestration or other writ or similar proceeding in an amount in excess of $500,000 as to the relevant Borrower which is not permanently dismissed or discharged within 60 days after the levy;
(f) any of the Borrowers shall (i) apply for or consent to the appointment of a receiver, trustee or liquidator of it or all or a substantial part of its assets, (ii) file a voluntary petition commencing an Insolvency Proceeding, (iii) make a general assignment for the benefit of creditors of all or substantially all of its assets, ...
Enumeration of Events of Default. The terms "Event of Default" or "Default" shall mean, whenever they are used in this Agreement, any one or more of the following events:
Enumeration of Events of Default. Any of the following events shall constitute an Event of Default:
Enumeration of Events of Default. Any of the following events shall be considered an Event of Default as that term is used herein:
(a) Default shall be made (i) in the payment when due of any installment of principal hereunder or under any other Loan Document or (ii) in the payment when due of any interest, fees or other sums payable hereunder or under any other Loan Document and such default under this clause (ii) shall continue for in excess of five Business Days;
(b) Other than as set forth in Section 7.1(a), default shall be made by the Borrower or any Subsidiary in the due observance or performance of (i) any covenant or agreement set forth in Article 6 or in Sections 5.1, 5.2, 5.3, 5.4, 5.7(a), 5.7(c), 5.7(i), 5.11, 5.12, 5.13, 5.17, 5.18, 5.19, 5.20, 5.26, 5.27, 5.29, 5.30, 5.31, and (ii) any other covenant or agreement set forth in this Agreement and such default under this clause (ii) shall continue for in excess of 15 days after the earlier of notice thereof by the Administrative Agent to the Borrower or knowledge thereof by the Borrower;
(c) Any representation or warranty made by the Borrower or any of its Subsidiaries in this Agreement or any other Loan Document proves to have been untrue in any material respect when made or deemed to have been made, or any representation, warranty, statement (including Financial Statements), certificate or data furnished or made by the Borrower or any of its Subsidiaries to any Lender or the Administrative Agent in connection herewith proves to have been untrue in any material respect as of the date the facts therein set forth were stated or certified;
(d) Other than (i) as a result of the filing of the Bankruptcy Cases, (ii) any obligation with respect to which the Bankruptcy Code prohibits the Borrower or any Subsidiary from complying with such obligation or permits the Borrower or any Subsidiary not to comply with such obligation, (iii) any default under the Existing First Lien Loan Documents, or (iv) any default under the Existing Senior Notes, any event or condition occurs that causes, or permits (with or without the giving of notice, the lapse of time or both) the holder or holders or any trustee or agent on their behalf of any Prepetition Indebtedness in excess of $2,000,000 that is not stayed by the automatic stay in the Bankruptcy Cases to cause, the acceleration of the maturity of any such Indebtedness or to require the redemption thereof or any offer to redeem to make in respect thereof, prior to its scheduled maturity;
(e) [Reserve...
Enumeration of Events of Default. Any of the following events shall be considered an Event of Default as that term is used herein:
(a) Default shall be made by the Borrower in the payment of any installment of principal or interest (including, without limitation, any mandatory prepayments payable pursuant to either Section 2.07 or 2.08 of this Agreement) on the Notes, any LC Fee or any other
Enumeration of Events of Default. Any of the following events shall constitute an Event of Default:
(i) default shall be made in any payment of principal when due under this Agreement or the Notes at Final Maturity or pursuant to Section 2.13, or (ii) in the event of a default in the payment when due of any other sums, including, without limitation, interest,
Enumeration of Events of Default. Any of the following -------------------------------- events shall constitute an Event of Default:
Enumeration of Events of Default. 60 7.2 REMEDIES...................................................................................62 7.3 APPLICATION OF PROCEEDS UPON DEFAULT.......................................................63 ARTICLE VIII THE AGENT
Enumeration of Events of Default. Rights Upon Unmatured Event of Default . . . . . . . . . . . 45 7.03
Enumeration of Events of Default. Any of the following events shall be considered an Event of Default as that term is used herein:
(a) Default shall be made by the Borrower in the payment of any installment of principal or interest (including, without limitation, any mandatory prepayment payable pursuant to Section 2.08 of this Agreement) on the Revolving Note, or Term Note, as applicable, or any other monetary obligation payable hereunder when due, and such default continues for more than five (5) days after the date that notice of such default is sent from the Bank to the Borrower;
(b) Default shall be made by the Borrower in the due observance or performance of any affirmative covenant required in this Agreement, the Revolving Note, or Term Note, as applicable, or the Collateral Documents, or the Subordination Agreement, and such
