Construction Agency Event of Default definition

Construction Agency Event of Default is defined in Section 5.1 of the Construction Agency Agreement.
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Construction Agency Event of Default has the meaning set forth in Section 5.1 ------------------------------------ ----------- of the Construction Agency Agreement.
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Construction Agency Event of Default means a "Construction Agency Agreement Event of Default" as defined in Section 5.1 of any Construction Agency Agreement.
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Examples of Construction Agency Event of Default in a sentence

  • The Lessor, without waiving or releasing any obligation or Construction Agency Event of Default, may, upon prior written notice to the Construction Agent (but shall be under no obligation to), remedy any Construction Agency Event of Default for the account of and at the sole cost and expense of the Construction Agent.

  • The Construction Agent shall pay upon demand all reasonable costs, expenses, losses, expenditures and damages (including, without limitation, attorneys' fees and disbursements) actually incurred by or on behalf of the Lessor in connection with any Construction Agency Event of Default.

  • For all purposes of this ----------------------------------------- Agreement and the other Operative Documents, in the absence of actual knowledge of an officer in the Corporate Trust Department of Bank, Certificate Trustee and Bank shall not be deemed to have knowledge of any Construction Agency Event of Default unless Certificate Trustee or Bank receives written notice thereof given by or on behalf of Administrative Agent or a Participant.

  • The Lessor, without waiving or releasing any obligation or Construction Agency Event of Default, may (but shall be under no obligation to) remedy any Construction Agency Event of Default for the account of and at the sole cost and expense of the Construction Agent.

  • No Lease Default, Lease Event of Default, or Construction Agency Event of Default shall have occurred and be continuing.

  • No Bankruptcy Default or Construction Agency Event of Default has occurred and is continuing.

  • Construction Agent shall pay upon demand all costs, expenses, losses, expenditures and damages (including, without limitation, attorneys' fees and the fees and expenses of any construction agent thereafter appointed by the Certificate Trustee from time to time) incurred by or on behalf of Certificate Trustee in connection with any Construction Agency Event of Default, and the obligations of the Construction Agent shall survive any termination of this Agreement.

  • Without waiving or releasing any obligation or Construction Agency Event of Default, Certificate Trustee may (but shall be under no obligation to) remedy any Construction Agency Construction Agency Agreement Event of Default for the account of and at the sole cost and expense of Construction Agent.

  • In the event the Lessor elects to continue Construction after receipt of a Construction Force Majeure Declaration, the Lessor shall make available to the Construction Agent, so long as no Construction Agency Event of Default shall have occurred and be continuing, all insurance proceeds payable to the Lessor with respect to such event to the extent necessary to remediate such event.

  • It shall be a condition to such Advance that the Construction Agency Agreement be in full force and effect and no Construction Agency Event of Default shall have occurred and be continuing.


More Definitions of Construction Agency Event of Default

Construction Agency Event of Default shall have the meaning set forth in Section 4.1 of the CAA.
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Construction Agency Event of Default shall have the meaning set forth in Section 4.1 of the CAA. Conformed Copy through Second Amendment dated October 7, 2011
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Construction Agency Event of Default shall have the meaning set forth in Section 4.1 of this Construction Agency Agreement.
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Related to Construction Agency Event of Default

  • Owner Event of Default shall have the meaning set forth in Section 18.3.

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

  • Servicer Event of Default One or more of the events described in Section 7.01.

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

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

  • 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).

  • Master Servicer Event of Default One or more of the events described in Section 7.01.

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

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

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

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

  • 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;

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

  • Event of Default Under the Trust Indenture With respect to any MBS, any “Event of Default” under the Trust Indenture pursuant to which such MBS was issued. Xxxxxx Xxx: Federal National Mortgage Association, a body corporate organized and existing under the laws of the United States, or its successor in interest or any successor appointed as herein provided. Unless the context requires otherwise, the term “Xxxxxx Mae” shall be deemed to refer to the Federal National Mortgage Association acting in its corporate capacity and not in its capacity as Trustee hereunder.

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

  • 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.

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

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

  • Event of Default has the meaning specified in Section 8.01.

  • 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.

  • 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.

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