Events of Borrower Default a. Upon the occurrence of an Event of Default, the outstanding loan balance, including the full interest, fees and any penalties shall become due and demandable. As a consequence thereof, we may:
Events of Borrower Default Sample Clauses
Related to Events of Borrower Default
Events of Default Any of the following shall constitute an Event of Default:
Events of Default Defined The following shall each constitute an "Event of Default" hereunder:
Events of Default by Seller In addition to the Events of Default described in Section 9.1, each of the following shall constitute an Event of Default by Seller hereunder:
Notice of Events of Default The Issuer shall give a Responsible Officer of the Indenture Trustee and each Rating Agency prompt written notice of each Event of Default hereunder and each default on the part of the Servicer or the Seller of its obligations under the Sale and Servicing Agreement.
Train Operator Events of Default The following are Train Operator Events of Default:
Events of Default and Remedies Section 8.01
Events of Default Remedies If any of the following events (“Events of Default”) shall occur:
Default Events (a) Any material breach of the Funding Agreement by the Recipient, including those set out below, will be an event of default (“Default Event”):
Events of Default by Either Party It shall constitute an event of default (“Event of Default”) by either Party hereunder if:
Owner Default Failure of the Owner, which has not been remedied or waived, to pay the Contractor as required under the Construction Contract or to perform and complete or comply with the other material terms of the Construction Contract.
