Events of Default relating to the Issuer Sample Clauses

Events of Default relating to the Issuer. This Condition 12(a) shall apply for so long as the Issuer is Credit Suisse Group (Guernsey) II Limited and shall be without prejudice to any additional rights of Holders under the provisions of the Guarantee.
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Events of Default relating to the Issuer. At any time after a Potential Event of Default or an Event of Default in respect of the Notes has occurred or the Notes have otherwise become due and payable) the Custodian shall, if so required by notice (in, or substantially in, the form attached hereto at Schedule C) (the "Default Notice") given by the Trustee to the Custodian, copied to the Issuer and the Collateral Administrator, act only on the Authorised Instructions of the Trustee in relation to any action to be taken in connection with the Securities and the Cash subject to and in accordance with the provisions of this Agreement (save that the Trustee's liability for the indemnification and remuneration of the Custodian shall be limited to the amounts for the time being held by the trustee on the trusts of the Trust Deed and available to the Trustee for this purpose), cease to act on any Instructions received from the Collateral Administrator or any Person who was previously designated by the Collateral Administrator as an Authorised Person prior to the date of the Default Notice and act in respect of any action to be taken in connection with the Securities upon the Trustee's written instructions. For the avoidance of doubt, the Custodian shall not to act on the instructions of the Issuer or any agent of the Issuer (other than any Receiver appointed in respect of the Secured Assets).
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Related to Events of Default relating to the Issuer

  • Events of Default Remedies If any of the following events (“Events of Default”) shall occur:

  • Events of Default; Waiver The Holders of a Majority in liquidation amount of Preferred Securities may, by vote, on behalf of the Holders of all of the Preferred Securities, waive any past Event of Default and its consequences. Upon such waiver, any such Event of Default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Preferred Securities Guarantee, but no such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon.

  • Certain Events of Default The following Events of Default will apply to the parties as specified below, and the definition of “Event of Default” in Section 14 is deemed to be modified accordingly:

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

  • Events of Default Remedies on Default Events of Default . Each of the following shall be an "Event of Default" if it occurs for any reason whatsoever, whether voluntary or involuntary, by operation of law or otherwise:

  • Additional Events of Default The parties hereto acknowledge, confirm and agree that the failure of Borrower or any Guarantor to comply with any of the covenants, conditions and agreements contained herein or in any other agreement, document or instrument at any time executed by Borrower or any Guarantor in connection herewith shall constitute an Event of Default under the Financing Agreements.

  • Events of Default Any of the following shall constitute an Event of Default:

  • Waiver of Events of Default The Holders representing at least 66% of the Voting Rights affected by a default or Event of Default hereunder may waive such default or Event of Default; provided, however, that (a) a default or Event of Default under clause (i) of Section 7.01 may be waived only by all of the Holders of Certificates affected by such default or Event of Default and (b) no waiver pursuant to this Section 7.04 shall affect the Holders of Certificates in the manner set forth in Section 11.01(b)(i) or (ii). Upon any such waiver of a default or Event of Default by the Holders representing the requisite percentage of Voting Rights affected by such default or Event of Default, such default or Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder. No such waiver shall extend to any subsequent or other default or Event of Default or impair any right consequent thereon except to the extent expressly so waived.

  • No Events of Default No Event of Default has occurred and is continuing nor has any event occurred which, with the giving of notice or the passage of time, or both, would constitute an Event of Default.

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