Specified Event of Default any Event of Default arising under Section 10.1(a), any Event of Default arising under Section 10.1(h) (with respect to the Lead Borrower, the Canadian Borrower and any German Borrower only), any Event of Default arising under Section 10.1(d)(i) any Event of Default arising under Section 10.1(c) (solely relating to a failure to comply with Section 7.2.4) and any Event of Default arising under Section 10.1(d)(ii) (solely relating to a failure to comply with Section 9.1.13(a)).
Specified Event of Default. No Specified Event of Default shall have occurred and be continuing or immediately result therefrom at the time of, and after giving effect to the making of, such Delayed Draw Term Loans and the Transactions occurring on the Delayed Draw Funding Date.
Specified Event of Default. Notwithstanding anything contained within the Credit Agreement or any other Loan Document, failure by the Borrower to comply with any of the covenants, agreements and representations set forth in Sections 4.4 through 4.6 herein shall constitute an immediate Event of Default.
Specified Event of Default. There shall not exist any Specified Event of Default.
Specified Event of Default the occurrence of any Event of Default specified in the following Sections: (a) Section 11.1(a); (b) Section 11.1(b); (c) Section 11.1(c) but only with respect to: (i) Sections 7.2.1 and 8.2.3; (ii) Section 8.1; (iii) Section 10.1.1; (iv) Sections 10.1.2(a) through (f); (v) Section 10.2; and (vi) Section 10.3; (d) Section 11.1(d), but only with respect to: (i) Sections 8.2.4 and 8.5; (ii) Section 8.6; and (iii) Sections 10.1.2(g) through (m); and (e) Sections 11.1(h) and (k).
Specified Event of Default an Event of Default (i) described in Section 11.1(a), 11.1(c), 11.1(f), 11.1(g) or 11.1(j) or (ii) arising out of a breach or failure to perform any representation, warranty or covenant set forth in Sections 7, 8, 10.2 or 10.3.
Specified Event of Default any Event of Default occurring as a result of a breach of any of the following Sections of this Agreement: Section 7.2, 8.1, 8.2.4, 8.2.5, 10.1.1, 10.1.2, 10.2.2, 10.2.4, 10.2.7, 10.2.11, 10.2.13, 10.3, 11.1(a), or 11.1(j).
Specified Event of Default. Specified Event of Default shall mean (a) any breach of Section 8.1 which is not remedied or cured within thirty (30) days after written notice to the Company, (b) any breach of Sections 8.2, 8.3, 8.4 or 8.5, (c) any breach of Section 9 which is not remedied or cured within thirty (30) days after written notice to the Company, and (d) the occurrence of a Change of Control. Standstill Period. See Section 3.7(b). Store. A particular restaurant at a particular location that is owned or operated by the Company or one of its Subsidiaries. Subordinated Indebtedness. See Section 3.7(b). Subordinated Instrument. See Section 3.7(b).
Specified Event of Default an Event of Default under Section 11.1(a), Section 11.1(b) (solely to the extent related to the breach of any representation or warranty set forth in a Borrowing Base Report), Section 11.1(c) (solely to the extent arising from a breach of Section 8.1, Section 8.2.4, Section 8.2.5, Section 8.5 or Section 10.3), Section 11.1(i), Section 11.1(j) or Section 11.1(k). Specified IPO Event Transactions: collectively, the transactions described to Agent in the restructuring steps slides dated February 3, 2023 and delivered to Agent on February 6, 2023, and any other related actions that are necessary to implement such transactions; provided that immediately following the completion of all such transactions the corporate structure of Parent and its Subsidiaries (including the Company) is substantially as set forth on page 15 of such restructuring steps slides. Specified Obligor: an Obligor that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 5.10).
Specified Event of Default any Event of Default under Section 11.1(a), 11.1(b) (solely to the extent arising from a material breach of any certification, representation or warranty made or deemed made by Administrative Borrower in any Borrowing Base Certificate), 11.1(c) (solely to the extent arising with respect to a breach of Section 8.l, 8.3, 10.1.10 or 10.2.10 (during a Financial Covenant Trigger Period)), 11.1(f) (solely to the extent arising from a payment default or acceleration under any such document, instrument or agreement), 11.1(i) or 11.1(j). Specified Pension Fund Obligations - the payment obligations due from Parent and/or its applicable Subsidiaries to the Pension Fund Entities under the terms and conditions of the Contribution Deferral Agreement. Specified Transaction - any Investment that results in a Person becoming a Restricted Subsidiary or an Unrestricted Subsidiary, any Permitted Acquisition, any Disposition that results in a Restricted Subsidiary ceasing to be a Subsidiary of Parent, any Investment constituting an acquisition of assets constituting a business unit, line of business or division of another Person or any Disposition of a business unit, line of business or division of Parent or a Restricted Subsidiary, in each case consummated after the Closing Date and whether by merger, consolidation, amalgamation or otherwise, and any incurrence or repayment of Debt or Restricted Payment, in each case, that by the terms of this Agreement requires a financial ratio or test to be calculated on a “Pro Forma Basis”. Standard Receivables Undertakings - representations, warranties, covenants, guarantees and indemnities entered into by Parent or any Restricted Subsidiary, which Parent has determined in good faith to be customary in a Receivables Facility, it being understood that any Receivables Repurchase Obligation shall be deemed to be a non-credit related recourse accounts receivable factoring arrangement. Subordinated Debt - Debt incurred by a Loan Party that is expressly subordinate and junior in right of payment to Full Payment of the Obligations (for greater certainty, not including the Term Debt, the UST Tranche A Facility Indebtedness or the UST Tranche B Facility Indebtedness). Subsidiary - any entity at least fifty percent (50%) of whose voting securities or Equity Interests is owned by a Loan Party or any combination of Loan Parties (including indirect ownership by a Loan Party through other entities in which any Loan Party directly or indirectly owns fi...
