Default Payment Date definition

Default Payment Date means the date upon which the CVRs become due and payable pursuant to Section 801 of the Agreement.

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Default Payment Date means the date upon which the Securities become due and payable pursuant to Section 8.1.

Default Payment Date means the date upon which this VSR becomes due pursuant to Section 8.1 of the Agreement.

Examples of Default Payment Date in a sentence

• If the Event of Default is not cured during the Default Notice Period, all amounts payable hereunder shall be due and payable on the Default Payment Date, all without further demand, presentment or notice, or grace period, all of which hereby are expressly waived.

• The Default Payment shall be due and payable immediately on the date that the Holder has exercised its rights pursuant to Section 5.1 ("Default Payment Date").

• The period between date upon which of an Event of Default has occurred and is continuing beyond any applicable grace period and the Default Payment Date shall be the "DEFAULT PERIOD." If during the Default Period, the Borrower cures the Event of Default, the Event of Default will no longer exist and any additional rights the Holder had triggered by the occurrence and continuance of an Event of Default will no longer exist.

• The Default Payment shall be due and payable on the fifth business day after the date written notice is sent from the Holder to the Borrower of an Event of Default as defined in Article IV ("Default Payment Date").

• The period between the date of the written notice from the Holder to the Borrower of an Event of Default and the Default Payment Date shall be the “Default Notice Period.” If during the Default Notice Period, the Borrower cures the Event of Default, the Event of Default will no longer exist and any rights the Holder had pertaining to the Event of Default will no longer exist.

More Definitions of Default Payment Date

Default Payment Date means, for any Component of any Note, the date the Termination Amount for such Component becomes due and payable pursuant to Section 12.

Default Payment Date means the first business day that occurs 12 months after the end of the Participant’s Election Period.

Default Payment Date has the meaning set forth in Section 203.

Default Payment Date means the date on which the VCRs become due and payable upon the declaration thereof pursuant to Section 1.03(b) following an Event of Default.

Default Payment Date as defined in Section 5.22 of the Participation Agreement. "Delaware Act" -- the Delaware Revised Uniform Limited Partnership Act, 6. Del. C. 1953, Section 17-101 et seq., as amended from time to time, and any successor thereto.

Default Payment Date has the meaning set forth in Section 2.5(a).

Default Payment Date shall have the meaning set forth in Section 1.03(a)(vi).