Bankruptcy Default definition

Bankruptcy Default has the meaning assigned to such term in Section 6.01.

Bankruptcy Default means an Event of Default referred to in Section 7.1.8.

Bankruptcy Default. An event specified in Section 16.01(e), (f) or (g) of the Lease which either does or, with the giving of notice or lapse of time or both, would constitute an Event of Default.

Examples of Bankruptcy Default in a sentence

• The date of the occurrence of any Bankruptcy Default shall automatically constitute a Liquidation Date, without the need for any notice by us and the provisions of the following sub-clause shall then apply.

• If a Bankruptcy Default occurs, the principal of and accrued interest on the Notes then outstanding will become immediately due and payable automatically without any declaration or other act on the part of the Trustee or any Holder.

• Automatic termination The date of the occurrence of any Bankruptcy Default shall automatically constitute a Liquidation Date, without the need for any notice by us and the provisions of the following sub-clause shall then apply.

• If a Bankruptcy Default occurs with respect to the Company, the principal of and accrued interest on the Notes then outstanding will become immediately due and payable without any declaration or other act on the part of the Trustee or any Holder.

• On the occurrence of an Event of Default, we may exercise our rights under this clause, except that in the case of the occurrence of any Event of Default specified in paragraphs (b) or (c) of the definition of Events of Default (each a "Bankruptcy Default"), the automatic termination provision of this clause shall apply.

More Definitions of Bankruptcy Default

Bankruptcy Default means an Event of Default referred to in Section 8.1.10.

Bankruptcy Default has the meaning specified in Section 5.01.

Bankruptcy Default means an Event of Default of the type described in Sections 7.01(g) and (h) of the Credit Agreement.

Bankruptcy Default means a Lease Event of Default under Section 14.5 of the Lease.

Bankruptcy Default means an Event of Default of the type described in (i) Sections 7.01(g) and (h) of the Credit Agreement, (ii) Section 6.01(7) of the Senior Secured Note Indenture and (iii) any comparable provision of any Other Pari Passu Lien Obligations Agreement.

Bankruptcy Default has the meaning provided in Section 24.07.

Bankruptcy Default shall have the meaning provided in Section 24.01(l). “Base Rent” shall have the meaning provided in Section 3.01.