Guarantor Events of Default. With respect to any Trust, each of the following events will constitute a Guarantor Event of Default:
(a) any failure by the Guarantor to make Guaranty payments, which continues uncured for a period of fifteen days after receipt by the Guarantor and the Trustee of written notice from Holders representing at least 5% of the Voting Rights of the related Trust (determined in accordance with Section 14.1) of the failure and a demand that it be cured;
(b) any failure by the Guarantor to perform in any material respect any other covenant made by the Guarantor in the Trust Documents that continues unremedied for a period of 60 days after receipt by the Guarantor of written notice from Holders representing at least 25% of the Voting Rights of the related Trust (determined in accordance with Section 14.1) of such failure and a demand that it be cured;
(c) a decree or order of a court, agency or supervisory authority having jurisdiction in the premises for the appointment of a conservator, receiver or liquidator in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings, or for the winding-up or liquidation of its affairs, has been entered against the Guarantor and such decree or order has remained in force undischarged or unstayed for a period of 60 days;
(d) the Guarantor consents to the appointment of a conservator, receiver or liquidator in any insolvency, readjustment of debt, marshalling of assets and liabilities or similar proceedings relating to the Guarantor or to all or substantially all of its property; or
(e) the Guarantor admits in writing its inability to pay its debts generally as they become due, files a petition to invoke any applicable insolvency or reorganization statute, makes an assignment for the benefit of its creditors or voluntarily suspends payment of its obligations.
Guarantor Events of Default. If one or more of the following events (a "Guarantor Event of Default") shall have occurred:
(1) the Guarantor shall fail to make punctual payment of any amount payable hereunder as the same shall become due and payable; or
(2) any representation or warranty of the Guarantor contained in this Guaranty, or any statement or certificate furnished pursuant to any provision of this Guaranty or the Amendment, shall have been false, incorrect or misleading in any material respect when made or so certified to; or
(3) the Guarantor shall breach any of the provisions of, or fail duly to observe or perform any covenant, agreement or provision contained in, this Guaranty; or
(4) any obligation of the Guarantor in respect of any Indebtedness or any Contingent Obligation with an aggregate amount of principal outstanding (whether or not due) exceeding $10,000,000 (but excluding, in any event, the obligations of the Guarantor hereunder) shall be declared to be or shall become due and payable prior to the stated maturity thereof, or such Indebtedness or Contingent Obligation shall not be paid as and when the same becomes due and payable, or there shall occur and be continuing any default under any instrument, agreement or evidence of indebtedness relating to any such Indebtedness the effect of which is to permit the holder or holders of such instrument, agreement or evidence of indebtedness, or a trustee, agent or other representative on behalf of such holder or holders, to cause such Indebtedness to become due prior to its stated maturity; or
(5) the Guarantor shall apply for or consent to the appointment of, or the taking of possession by, a receiver, custodian, trustee or liquidator of itself or of all or a substantial part of its property, make a general assignment for the benefit of its creditors, commence a voluntary case under the Bankruptcy Code, file a petition seeking to take advantage of any other law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or readjustment of debts, fail to controvert in a timely and appropriate manner, or acquiesce in writing to, any petition filed against it in an involuntary case under the Bankruptcy Code, or take any corporate action for the purpose of effecting any of the foregoing; or
(6) a proceeding or case shall be commenced, without the application or consent of the Guarantor thereof in any court of competent jurisdiction, seeking its liquidation, reorganization, dissolution or winding-up, or the ...
Guarantor Events of Default. The Bond Trustee at its discretion may, and if so requested in writing by the holders of at least 25 percent of the aggregate Principal Amount Outstanding of the Covered Bonds (which for this purpose and the purpose of any Extraordinary Resolution referred to in this Condition 7.02 means the Covered Bonds of this Series together with the Covered Bonds of any other Series constituted by the Trust Deed) then outstanding as if they were a single Series (with the nominal amount of Covered Bonds not denominated in CAD converted into CAD at the applicable Covered Bond Swap Rate) or if so directed by an Extraordinary Resolution of all the holders of the Covered Bonds shall (but in the case of the happening of any of the events described in paragraphs (b) to (f) below, only if the Bond Trustee shall have certified in writing to the Issuer and the Guarantor that such event is, in its opinion, materially prejudicial to the interests of the holders of the Covered Bonds of any Series) (subject in each case to being indemnified and/or secured to its satisfaction) give notice (the “Guarantor Acceleration Notice”) in writing to the Issuer and to the Guarantor, that (x) each Covered Bond of each Series is, and each Covered Bond of each Series shall as against the Issuer (if not already due and repayable against it following an Issuer Event of Default), thereupon immediately become, due and repayable at its Early Redemption Amount together with accrued interest and (y) all amounts payable by the Guarantor under the Covered Bond Guarantee shall thereupon immediately become due and payable at the Guaranteed Amount corresponding to the Early Redemption Amount for each Covered Bond of each Series together with accrued interest, in each case as provided in the Trust Deed and thereafter the Security shall become enforceable if any of the following events (each, a “Guarantor Event of Default”) shall occur and be continuing: default is made by the Guarantor for a period of seven days or more in the payment of any Guaranteed Amounts when Due for Payment in respect of the Covered Bonds of any Series, except in the case of the payment of a Guaranteed Amount when Due for Payment under Condition 6.01 where the Guarantor shall be required to make payments of Guaranteed Amounts which are Due for Payment on the dates specified therein; or if default is made by the Guarantor in the performance or observance of any obligation, condition or provision binding on it (other than any obligation ...
Guarantor Events of Default. Section 12.1 Guarantor Events of Default 60
Guarantor Events of Default. The Bond Trustee at its discretion may, and if so requested in writing by the holders of at least 25 per cent. of the aggregate Principal Amount Outstanding of the Covered Bonds (which for this purpose and the purpose of any Extraordinary Resolution referred to in this Condition 7.02 means the Covered Bonds of this Series together
Guarantor Events of Default. Any Event of Default by Guarantor, which is not waived, and as such Event of Default is defined under the Amended and Restated Credit Agreement dated May 18, 2006 with Guarantor as the borrower and the Bank as a syndicated party so long as the Bank remains a syndicated party thereunder.
Guarantor Events of Default. Each of the following events constitutes a “Guarantor Event of Default”:
Guarantor Events of Default. Each of the following specified events or occurrences shall constitute a "Guarantor Event of Default":
Guarantor Events of Default. Each of the following shall constitute a “Guarantor Event of Default”, whatever the reason for such event and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment or order of any court or any order, rule or regulation of any governmental authority or otherwise:
Guarantor Events of Default. Section 11.13 of the Loan Agreement is hereby deleted in its entirety and replaced with the following: “Any Event of Default by CHS Inc., which is not waived, and as such Event of Default is defined under the Amended and Restated Credit Agreement dated May 18, 2006 with CHS Inc. as the borrower and the Bank as a syndicated party so long as the Bank remains a syndicated party thereunder.”
