Borrower Loan Agreement Default definition
Borrower Loan Agreement Default means any event of default set forth in 8.1 of the Borrower Loan Agreement. A Borrower Loan Agreement Default shall “exist” if a Borrower Loan Agreement Default shall have occurred and be continuing beyond any applicable cure period.
Borrower Loan Agreement Default means any “Event of Default” set forth in Section 7.1 of the Borrower Loan Agreement. A Borrower Loan Agreement Default shall exist if a Borrower Loan Agreement Default shall have occurred and be continuing beyond all applicable notice, grace and cure periods.
Borrower Loan Agreement Default means any Event of Default set forth in Section 8.1 of the Borrower Loan Agreement.
Examples of Borrower Loan Agreement Default in a sentence
Without relieving the Governmental Lender from the responsibility for performance and observance of the agreements and covenants required to be performed and observed by it hereunder, the Borrower, on behalf of the Governmental Lender, may perform any such agreement or covenant if no Borrower Loan Agreement Default or potential Default under the Borrower Loan Agreement exists.
An Event of Default hereunder shall not in and of itself constitute a Borrower Loan Agreement Default.
More Definitions of Borrower Loan Agreement Default
Borrower Loan Agreement Default means any event of default set forth in 8.1 of the Borrower Loan Agreement. A Borrower Loan Agreement Default shall exist if a Borrower Loan
Borrower Loan Agreement Default means any event of default set forth in Section
Borrower Loan Agreement Default means any event of default set forth in 8.1