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 (but is under no obligation to) perform any such agreement or covenant if no Borrower Loan Agreement Default or Potential Default under (and as such term is defined in) the Borrower Loan Agreement exists.


More Definitions of Borrower Loan Agreement Default

Borrower Loan Agreement Default means any event of default set forth in 8.1
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
Borrower Loan Agreement Default means any event of default set forth in Section

Related to Borrower Loan Agreement Default

  • Borrower Loan Agreement means the Borrower Loan Agreement, of even date herewith, between the Governmental Lender and the Borrower, as supplemented, amended or replaced from time to time in accordance with its terms.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of January 1, 2004, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.