Default Call definition

Default Call means a Call in respect of which:
Sample 1Sample 2Sample 3
Default Call means a Call in respect of which the Provider breaches clause 4.1 or that is deemed to be a Default Call under clause 9.5.
Sample 1Sample 2
Default Call has the meaning set forth in Section 4.3(d)(i).
Sample 1

Examples of Default Call in a sentence

  • Contested motions will not be heard on the Default Call. Case Management: Case Management Conferences are scheduled on the Default Call.

  • Upon Closing, HoldCo, the Investor, CKHGTI and W3 will enter into the Call Option Deed pursuant to which each of the Investor and CKHGTI will grant the Default Call Option to W3.

  • Integrated Operator Call Option, Default Call Option, Material Underperformance Call Option and 2W Business Put OptionEach of the Integrated Operator Call Option, Default Call Option, Material Underperformance Call Option and 2W Business Put Option is granted to the Group at no cost and the exercise of which is at the discretion of the Group.

  • The purchase price for such shares in respect of this Default Call Option shall be Fair Market Value.

  • The settlement date of the call option pursuant to this paragraph (b) shall occur within 20 Default Call Option shall occur on a date elected by SBB (being a date falling no less than 3 Business Days and no more than 15 Business Days after the ending of such 20 calendar day perioddate when SBB exercises the Default Call Option)." The amendments above shall be referred to as the "Request".

  • The provisions of Section 9.4 above shall apply, mutatis mutandis, to the exercise of the Default Call Option and the Default Put Option, provided that the [*] period contemplated thereunder shall be reduced to [*].

  • Subject to paragraph 3, a Default Call Option Notice shall be irrevocable.

  • We hereby give you notice that we require you to sell to us in accordance with the terms and conditions of the Default Call Option, all the Shares for the time being held by you, such sale to be completed on the date specified in Clause 21 of the Joint Venture Agreement.

  • In particular, the Parties acknowledge and agree that the economic terms agreed in sections 7 (Vesting), 8 (Admission of Additional Partners, Transfer of Partnership Interests, Default Call Option), 14 (Compulsory Transfer of Limited Partnership Interests, Call Options), 15 (Restrictive Covenants) and 16 (Compensation) of the Partnership Agreement shall apply mutatis mutandis to the Managers’ direct or indirect investment in the Group even if they do not hold their participation via Management KG.

  • The effects on each Ancillary Agreement of the exercise of a Default Call Option or Default Put Option hereunder shall be as specifically set forth in such Ancillary Agreement.


More Definitions of Default Call

Default Call shall have the meaning provided in Section 8.7.
Sample 1

Related to Default Call

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Default Notice means the written notice of Default of the Agreement issued by one Party to the other.

  • Default Event means an event or circumstance which leads Operator to determine that a Venue User is or appears to be unable or likely to become unable to meet its obligations in respect of an Order or Transaction or to comply with any other obligation under an Agreement or Applicable Law.

  • Non-Monetary Default Cure Period shall have the meaning assigned to such term in Section 11(d).

  • default fund means a fund established by a CCP in accordance with Article 42 of Regulation (EU) No 648/2012 and used in accordance with Article 45 of that Regulation;

  • Default Costs means reasonable attorney's fees and remarketing costs resulting from a Lessee default or Lessor's enforcement of its remedies. DELIVERY DATE - means date of delivery of Inventory Equipment to Lessee's address.

  • Lease Default means any event or condition which, with the lapse of time or the giving of notice, or both, would constitute a Lease Event of Default.

  • Default Right has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable.

  • Default Loan has the meaning set forth in Section 3.02(b).

  • Net Default Charges With respect to any Mortgage Loan, Serviced Loan Combination or successor REO Mortgage Loan, the Default Charges referred to in clause third of Section 3.25(a) or clause fourth of Section 3.25(c), which are payable to the applicable Master Servicer as Additional Master Servicing Compensation or the applicable Special Servicer as Additional Special Servicing Compensation.

  • Swap Default Any of the circumstances constituting an “Event of Default” under the Swap Agreement.

  • default value means a value derived from a typical value by the application of pre-determined factors and that may, in circumstances specified in this Directive, be used in place of an actual value;’;

  • Default Date the meaning set forth in Section 3.2(a).

  • Monetary Default Notice shall have the meaning assigned to such term in Section 11(a).

  • MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);

  • Indenture Default means, with respect to any Indenture, any Event of Default (as such term is defined in such Indenture) thereunder.

  • Customer Default has the meaning set out in clause 8.3.

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).

  • 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.

  • Default Under First Lien With respect to each Second Lien Loan, the related First Lien Loan related thereto is in full force and effect, and there is no default, breach, violation or event which would permit acceleration existing under such first Mortgage or Mortgage Note, and no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event which would permit acceleration thereunder;

  • Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p).

  • Non-Monetary Default Notice shall have the meaning assigned to such term in Section 11(d).

  • Special Default means (i) the failure by Owner to pay any amount of principal of or interest on any Equipment Note when due or (ii) the occurrence of any Default or Event of Default referred to in Section 5.01(v), (vi) or (vii).

  • Credit Default Swap means any credit default swap entered into as a means to (i) invest in bonds, notes, loans, debentures or securities on a leveraged basis or (ii) hedge the default risk of bonds, notes, loans, debentures or securities.

  • Default Fee means with respect to any amount due and payable by Seller in respect of any Aggregate Unpaids, an amount equal to the greater of (i) $1000 and (ii) interest on any such unpaid Aggregate Unpaids at a rate per annum equal to 2% above the Prime Rate.

  • 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.