CTC Default definition
CTC Default means any Default or Event of Default, as defined in the CTC Credit Agreement, that may now exist or shall hereafter occur, including, but not limited to, any Default or Event of Default that shall exist as a result of the Amcast Guaranty Defaults.
Examples of CTC Default in a sentence
The parties further agree that the loan documents prepared by Bank One or CTC Agent in connection with the aforesaid refinancing shall be drafted such that no CTC Default or CTC Refinancing Event of Default shall exist on the Closing Date of such refinancing.