Purchaser Events of Default 152 Sample Clauses

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Purchaser Events of Default 152. Section 16.3. Notice of Intent to Terminate 156

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Related to Purchaser Events of Default 152

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

• 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:

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

• 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”):

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

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

• 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.

• Events of Default by Either Party It shall constitute an event of default (“Event of Default”) by either Party hereunder if:

• Remedies Upon Event of Default If any Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders, take any or all of the following actions:

• Developer Event of Default Any of the following events shall constitute an event of default by the Developer ("Developer Event of Default") unless such event has occurred as a result of a Force Majeure Event or the Authority Event of Default or any governmental action for reasons other than any breach, default or lapse on the part of the Developer: