Default Funding Contribution definition
Default Funding Contribution has the meaning given in Section 2.01(a)(iv).
Examples of Default Funding Contribution in a sentence
Such Default Funding Contribution shall be made not more than two Business Days after receipt by the Sponsor of notice from the Administrative Agent that an Event of Default has occurred and is continuing and demanding that the Sponsor make, or cause to be made, the Default Funding Contribution; provided, however, that if an Event of Default under Section 7.01(h) of the TrAILCo Credit Agreement occurs, then such amount shall be due and payable immediately, without notice of any kind.