Events of Default Under the Reimbursement, Security and Guaranty Agreement Sample Clauses

Events of Default Under the Reimbursement, Security and Guaranty Agreement. Upon the Custodian’s receipt from the Collateral Agent or the Purchase Money Notes Guarantor of written notice at its Office that an Event of Default under the Reimbursement, Security and Guaranty Agreement (and as defined therein) has occurred and is continuing, the Custodian promptly shall notify the Collateral Agent in writing and seek instructions from (and take instructions only from) the Collateral Agent as to any action to be taken by the Custodian hereunder.
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Related to Events of Default Under the Reimbursement, Security and Guaranty Agreement

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

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

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

  • EVENTS OF DEFAULTS AND CONSEQUENCES 9.1 Subject to the Force Majeure clause, the Promoter shall be considered under a condition of Default, in the following events:

  • Events of Default and Remedies Section 8.01

  • EVENT OF DEFAULT/REMEDIES 8.1 Any one or more of the following acts or omissions of the Contractor shall constitute an event of default hereunder (“Event of Default”):

  • Train Operator Events of Default The following are Train Operator Events of Default:

  • Termination and Default Either party, upon determination that the other party has failed or refused to perform or is otherwise in breach of any obligation or provision under this Agreement or the Contract Document, may give written notice of default to the defaulting party in the manner specified for the giving of notices herein. Termination of this Agreement by either party for any reason shall have no effect upon the rights or duties accruing to the parties prior to termination.

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