Default Direction definition

Default Direction means a Noteholder Direction relating to a notice of Default.
Default Direction as defined in Subsection 11.1(k).
Default Direction has the meaning set forth in Section 5.03(a) of this Supplemental Indenture.

Examples of Default Direction in a sentence

  • Notwithstanding the foregoing, a Default Direction does not apply to checks presented in person at Bank's branches for payment.

  • Any Noteholder Direction provided by any Directing Holder must be accompanied by a Position Representation, which representation, in the case of a Default Direction, shall be deemed repeated at all times until the resulting Event of Default is cured or otherwise ceases to exist or the Notes are accelerated.


More Definitions of Default Direction

Default Direction. 201 “Coverage Ratio Tested Committed Amount” 907 “Grower Tested Committed Amount” “Change of Control Payment” 407 407 “Incurrence Based Amounts” “Defaulted Interest” 128 307 “Initial Agreement” 410 415 “Initial Lien” “Defeasance” 413 “Custodian” 1202 “Initial Mandatory Principal Prepayment” 314 601 “LCT Election” “Defeased Notes” 121 1201 “LCT Test Date” 121 “Minimum Denomination” “Division” 302 “Debt Secured Leverage Ratio Tested Committed Amount” 122 “Net Available Cash Amount” “Company Listing” 411 407 “Note Register” and “Note Registrar” “Event of Default” 305 “Change of Control Offer” 601 “Notice of Default” 601 1411 “Offer” “Excess Collateral Proceeds” 411 “Declined Collateral Excess Proceeds” 411 “Parent Guarantee” Term 1401 411 “Parent Guaranteed Obligations” “Excess Other Proceeds” 1401 411 “Permanent Regulation S Global Notes” 201 415 “Permitted Payment” “Excess Proceeds” 409 “Declined Excess Proceeds” 411 “Physical Notes” “Covenant Defeasance” 201 411 “Predecessor Holdings” “Expiration Date” 1410 108 “Private Placement Legend” 203 1203 “Refinancing Agreement” “Financial Incurrence Tests” 410 “Declined Other Excess Proceeds” 121 67 1010271152v11010271152_5.doc 201 “Subsidiary Guaranteed Obligations” 1301 Defined in SectionSuccessor Company” “Reporting Date” 501 “Regulation S Global Notes” 405 “Successor Holding Company” 1410 201 “Suspended Covenants” “Restricted Payment” 416 409 “Suspension Date” 416 “Suspension Period” “Reversion Time” 416 “Regulation S Note Exchange Date” 416 “Temporary Regulation S Global Notes” “Refunding Capital Stock” 201 313 “Total Leverage Ratio Tested Committed Amount” “Rule 144A Global Notes” 407 Term 201 “Treasury Capital Stock” 409 409 “Trustee” “Rule 144A Physical Notes” 1205 “Regulation S Physical Notes” Section 103. Rules of Construction. For all purposes of this Indenture, except as otherwise expressly provided or unless the context otherwise requires: (1) the terms defined in this Indenture have the meanings assigned to them in this Indenture; (2) “or” is not exclusive; (3) all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with GAAP; (4) the words “herein,” “hereof” and “hereunder” and other words of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision; (5) all references to “$” or “dollars” shall refer to the lawful currency of the United States of America; (6) the words “include,” “included” and “incl...
Default Direction means a Securityholder direction relating to a notice of default.
Default Direction. ‎6.1(a) “Defaulted Interest” ‎2.15 “Directing Holder” ‎6.1(a) “equity incentives” Clause (6) in definition ofConsolidated Net Income” “Euroclear” ‎2.1(b)

Related to Default Direction

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

  • 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).

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

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

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

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

  • 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.

  • Potential Default means any event or condition which with notice or passage of time, or both, would constitute an Event of Default.

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