Declaration Event of Default definition

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

Declaration Event of Default means an Event of Default as defined in the Declaration.

Declaration Event of Default means, with respect to the Securities, that an Indenture Event of Default has occurred and is continuing with respect to the Debentures.

Examples of Declaration Event of Default in a sentence

• If a Debenture Event of Default or a Declaration Event of Default (or an event that, with passage of time, would become a Debenture Event of Default) shall have occurred and be continuing, the rights of holders of the Common Securities to receive Guarantee Payments under the Common Securities Guarantee are subordinated to the rights of Holders to receive Guarantee Payments under this Guarantee.

• The Convertible Preferred Securities rank pari passu and payment thereon shall be made Pro Rata with the Common Securities except that, where a Declaration Event of Default occurs and is continuing, the rights of Holders of the Common Securities to payment in respect of Distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights to payment of the Holders of the Convertible Preferred Securities.

• The Preferred Securities rank pari passu and payment thereon shall be made Pro Rata with the Common Securities except that, where a Declaration Event of Default occurs and is continuing the rights of Holders of the Common Securities to payment in respect of Distributions and payments upon liquidation, redemption and otherwise are subordinated to the rights to payment of the Holders of the Preferred Securities.

• If a Declaration Event of Default has occurred and is continuing, the rights of holders of the Common Securities of the Issuer to receive payments under the Common Securities Guarantee are subordinated to the rights of Holders of Capital Securities to receive Guarantee Payments.

• A similar approach can also be embraced for co-operative spectrum sensing, where multiple cognitive radios sense the spectrum, and come to unified conclusion regarding the state of spectrum usage in real time.

More Definitions of Declaration Event of Default

Declaration Event of Default has the same meaning as the term "Event of ---------------------------- Default."

Declaration Event of Default means a Note Event of Default or a default by the Sponsor under the Guarantee Agreement.

Declaration Event of Default has the meaning specified in the Declaration.

Declaration Event of Default means an Event of Default under the Debt Securities.

Declaration Event of Default means an "Event of Default" as defined in and under the Trust Agreement.

Declaration Event of Default means an Event of Default as defined in the Limited Partnership Agreement. "Delaware Trustee" means a trustee under the Declaration which will have a principal place of business or reside in the State of Delaware. Initially, Chemical Bank Delaware will act as Delaware Trustee.

Declaration Event of Default means a Note Event of Default or a default by the Sponsor under the Preferred Securities Company Guarantee.