DEFAULT UNDER THE SPECIFIED. TRANSACTION" provisions of Section 5(a)(v) will not apply to Party A and will not apply to Party B.
PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).
Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.
Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.
Company Event of Default bears the meaning ascribed thereto in Section 13.1; “Company Notice of Default” bears the meaning ascribed thereto in Section 13.2;
Default under Specified Transaction provisions of Section 5(a)(v) will not apply to Party A and will not apply to Party B.
Loan Event of Default An “Event of Default” as defined in the Loan Agreement.
Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.
Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).
Default Under First Lien With respect to each Second Lien Loan, the related First Lien Loan related thereto is in full force and effect, and there is no default, breach, violation or event which would permit acceleration existing under such first Mortgage or Mortgage Note, and no event which, with the passage of time or with notice and the expiration of any grace or cure period, would constitute a default, breach, violation or event which would permit acceleration thereunder;
Declaration Event of Default means an “Event of Default” as defined in the Declaration.
Owner Event of Default shall have the meaning set forth in Section 12.3 hereof
Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).
Event of Default has the meaning specified in Section 8.01.
Financial Covenant Event of Default has the meaning specified in Section 8.01(b).
Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.
Material Event of Default means any Event of Default arising under Section 10.01(a), 10.01(b) (solely with respect to a default related to Section 8.01, 8.20 or 9.13), 10.01(f), 10.01(i), 10.01(j), 10.01(n) or 10.01(o).
Servicer Event of Default wherever used herein, means any one of the following events:
Senior Event of Default means an Event of Default under a Senior Financing Agreement.
Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.
Issuer Event of Default means the occurrence of any of the following events:
Collateral Event of Default has the meaning set forth in Section 13.01(b).
Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.