Default Notice definition

Default Notice means the written notice of Default of the Agreement issued by one Party to the other.
Default Notice means a written notice to the Issuer as described in Clause 14.2 (Acceleration of the Bonds).
Default Notice as defined in Subsection 9.1(e).

Examples of Default Notice in a sentence

  • Upon delivery of a Default Notice at any time when Loans are Outstanding, such Outstanding Principal Balance and all accrued and unpaid interest thereon shall be due and payable.

  • If any Event of Default occurs and is continuing, the Facility Agent may, and upon the written direction of the Majority Lenders, shall, give a Default Notice to the Borrower, the Security Trustee and the Lenders declaring that an Event of Default has occurred and is continuing and declaring the Outstanding Principal Balance of the Loans and all accrued and unpaid interest thereon to be due and payable.


More Definitions of Default Notice

Default Notice has the meaning set forth in Section 13.2.1.
Default Notice has the meaning set forth in Section 6.1(a).
Default Notice means a notice of Default given by one Party to the other in accordance with provisions of the Agreement.
Default Notice has the meaning given to that term in clause 22(a).
Default Notice means the notice issued by the Pledgee to declare the Default Event hereunder.
Default Notice a written notice served by the non-Defaulting Party on the Defaulting Party under paragraph 10 stating that an event shall be treated as an Event of Default for the purposes of this Agreement;
Default Notice has the meaning set forth in Section 10.2.