Credit Agreement Event of Default definition

Credit Agreement Event of Default means any event or condition defined as an "Event of Default" in Section 6 of the Credit Agreement.

Credit Agreement Event of Default means any one or more of the events specified in Section 10.01 of the Credit Agreement.

Credit Agreement Event of Default means any “Event of Default”, as defined in the Term Loan Credit Agreement.

Examples of Credit Agreement Event of Default in a sentence

• If a Credit Agreement Event of Default shall occur, then in addition to having any other right or remedy available at law or in equity, the Agent may proceed under the applicable Uniform Commercial Code and exercise such rights and remedies as may be provided to a secured party by such Uniform Commercial Code with respect to all or any portion of the Trust Property which is personal property (including without limitation taking possession of and selling such property).

• Anything in this subsection to the contrary notwithstanding, the Agent agrees that it will not exercise any rights under the power of attorney provided for in this subsection unless a Credit Agreement Event of Default shall have occurred and be continuing.

• The expenses of the Agent incurred in connection with actions undertaken as provided in this Section, together with interest thereon after a Credit Agreement Event of Default at the Overdue Rate from the date of payment by the Agent to the date reimbursed by the Borrower, shall be payable by the Borrower to the Agent on demand.

• Section 10 of the bill establishes a tax levied upon marijuana sold or otherwise transferred by a marijuana cultivation facility to a marijuana product manufacturing facility or to a retail marijuana store.

• Notwithstanding the foregoing, any acceleration of the Note based solely on an Event of Default under Section 5.1(h) (Event of Default under the Credit Agreement) shall be deemed rescinded upon the discontinuance of such Credit Agreement Event of Default, (including, without limitation, upon waiver by the requisite holders of Indebtedness under the Credit Agreement or other cure of such default).

More Definitions of Credit Agreement Event of Default

Credit Agreement Event of Default shall have the meaning attributed to the term "Event of Default" set forth in the Credit Agreement.

Credit Agreement Event of Default shall have the meaning --------------------------------- set forth in Section 5.1 of this Agreement.

Credit Agreement Event of Default means an "Event of Default" as such term is defined in the Credit Agreement.

Credit Agreement Event of Default means an "Event of Default" as such term is defined in Section 7 of the Credit Agreement.

Credit Agreement Event of Default has the meaning assigned to such term in the Security Agreement.

Credit Agreement Event of Default means an “Event of Default” as such term is defined in each of the Credit Agreements (as in effect from time to time).

Credit Agreement Event of Default means an event of default, as defined in the Credit Agreements, including any event of default arising out of a breach of a financial covenant, which results in, or has continued unremedied for a period of time sufficient to permit, the acceleration of the indebtedness under the Credit Agreements or the termination of any related obligation to make a financial accommodation.