Event of Default Definitions Sample Clauses

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Event of Default Definitions. As used in this Mortgage the following terms have the following meanings:

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Related to Event of Default Definitions

• Event of Default Defined Acceleration of Maturity; Waiver of Default. "Event of Default" with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

• Events of Default Defined The following shall each constitute an "Event of Default" hereunder:

• Event of Default Defined; Acceleration of Maturity; Waiver of Default Event of Default" with respect to Securities of any series wherever used herein, means each one of the following events which shall have occurred and be continuing (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

• Default Defined Default for the purpose of this Agreement shall mean any failure by Seller or Purchaser to fulfill all the terms, conditions and covenants contained herein, however, it shall not be an event of default for either party to exercise its rights to terminate this contract as contained in other provisions herein.

• Additional Event of Default The following will constitute an additional Event of Default with respect to Party B: "NOTE ACCELERATION NOTICE. A Note Acceleration Notice is served on Party B in relation to the Relevant Notes."

• Definition of Events of Default “Event of Default” means the occurrence of any of the following:

• No Event of Default, etc No condition or event has occurred or exists which constitutes or which, after notice or lapse of time or both, would constitute an Event of Default.

• Events of Default, Etc During the period during which an Event of Default shall have occurred and be continuing:

• Actions following an Event of Default On, or at any time after, the occurrence of an Event of Default:

• Definition of Default The BUYER shall be deemed to be in default under this CONTRACT in the following cases: