Charter Event of Default definition

Charter Event of Default wherever used herein, shall mean ------------------------ any of the following events (whatever the reason for such Charter Event of Default and whether it shall be voluntary or involuntary, or come about or be effected by operation of law, or be pursuant to or in compliance with any judgment, decree or order of any court or any Governmental Rule or Governmental Action):
Sample 1Sample 2Sample 3
Charter Event of Default means, for each Initial Charter, each of the events designated as an event of default in such Initial Charter. For a description of certain events constituting Charter Events of Default, see "The Initial Charters--Charter Events of Default."
Sample 1Sample 2Sample 3
Charter Event of Default has the meaning specified in Section 16.1 of the ------------------------ Master Charter.
Sample 1

Examples of Charter Event of Default in a sentence

  • No express or implied waiver by the Owner Trustee of any Event of Default shall in any way be, or be construed to be, a waiver of any future or subsequent Charter Event of Default.


More Definitions of Charter Event of Default

Charter Event of Default means, for each Charter, each of the events designated as a default in Clause 17 of such Charter.
Sample 1
Charter Event of Default means any one or more Events of Default set forth in Article 21 of the Bareboat Charters or Article XIV of the Time Charters. "Charter Period" shall mean the period for which the related Time Charter, Bareboat Charter and Operating Lease are in effect. "Charters" shall mean any of the Bareboat Charters and the Time Charters. "Chicago Assignment of Charterhire" shall mean that certain Assignment of Charterhire dated as of the Delivery Date, executed by the Chicago Owner in favor of the Collateral Trustee. "Chicago Assignment of Insurances" shall mean that certain Assignment of Insurances dated as of the Delivery Date, executed by the Chicago Owner and the Bareboat Charterer in favor of the Collateral Trustee. "Chicago Bareboat Charter" shall mean that certain Bareboat Charter dated as of March 30, 1999, by and between the Chicago Owner and the Bareboat Charterer, as amended by Amendment No. 1 dated as of August 20, 1999, in respect of the OVERSEAS CHICAGO. "Chicago Finance Lease" shall mean that certain Finance Lease dated as of the Delivery Date, by and between the Chicago Owner and the Owner Trust pursuant to which the Chicago Owner will lease the OVERSEAS CHICAGO to the Owner Trust.
Sample 1
Charter Event of Default means an Indenture Event of Default. ------------------------
Sample 1

Related to Charter Event of Default

  • Owner Event of Default has the meaning specified in Section 16.2.

  • Senior Event of Default means an Event of Default under (and as defined in) the Senior Facilities Agreement.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Issuer Event of Default means the occurrence of any of the following events:

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Event of Default wherever used herein, means any one of the following events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Specified Event of Default means any Event of Default under Section 8.01(a), (f) or (g).

  • Servicer Event of Default wherever used herein, means any one of the following events:

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Company Event of Default bears the meaning ascribed thereto in Section 13.1; “Company Notice of Default” bears the meaning ascribed thereto in Section 13.2;

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).