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.
Default Event means the occurrence of any of the following events:
Examples of Default Event in a sentence
So long as no Unmatured Event of Default, Event of Default or Servicer Default has occurred and is continuing, such visits and inspections shall occur only (x) one (1) time in each calendar year, (y) upon five (5) Business Days’ prior written notice and (z) during normal business hours.
More Definitions of Default Event
Default Event means those events listed in clause 18.2.
Default Event means any material breach by the Corporation of its obligations under this Certificate of Designations, other than a Non-Payment Event, which, if curable, is not cured on or prior to the 30th day after receipt of written notice from Ares after such default.
Default Event means a General Default or a Project Default;
Default Event means any of the circumstances set forth in Article 7 hereof.
Default Event means an event where:
Default Event means any of the following events: (1) any time when the Company fails to make a mandatory redemption of the Senior Preferred Stock when required (whether or not any contractual or other restrictions apply to such redemption) pursuant to paragraph (e)(ii) hereof; or (2) any time when the Company fails to make an offer to repurchase all of the outstanding shares of Senior Preferred Stock following a Change of Control, if such offer to repurchase is required to be made pursuant to paragraph (g)(i) hereof (whether or not any contractual or other restrictions apply to such redemption).
Default Event means any of the following: