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 the occurrence of a Construction Agency Event of Default under Section 5.1 of the 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.

  • 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 Bankruptcy Default or Construction Agency Event of Default has occurred and is continuing.

  • 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.

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

  • If a Construction Agency Event of Default occurs due to the fraud, misapplication of funds, illegal acts or wilful misconduct on the part of the Construction Agent or any event described in paragraph (f) of Article XII of the Lease, the Construction Agent shall be obligated to pay the Lease Balance as set forth herein.

  • 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 the Construction Agent, and such costs and expenses shall be capitalized and shall result in an increase to the Funded Amounts related to the related Leased Property.

  • The Lessor and the Lenders shall, upon the occurrence of any Lease Event of Default or Construction Agency Event of Default, have the right to appropriate and apply to the payment of the Lessee's obligations under the Master Lease, the Construction Agency Agreement and the Guaranty, as security for the payment of such obligations, any and all balances, credits, deposits, accounts or moneys of the Lessee then or thereafter maintained with the Lessor or any Lender.

  • 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.


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 12.3 hereof

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

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

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

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

  • 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):

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

  • 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 a Senior Financing Agreement.

  • 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.

  • Unmatured Event of Default means any event that, if it continues uncured, will, with lapse of time, notice or lapse of time and notice, 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 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).

  • 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 means the occurrence of either (a) the Acceleration of all of the Equipment Notes or (b) an American Bankruptcy Event.

  • 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.