Entity Event of Default definition

Entity Event of Default means any Event of Default specified in clauses (g) or (h) of Section 6.01 hereof, any Event of Default specified in clause (b) of Section 6.01 hereof as a result of the failure by an Entity to comply with Section 5.04 hereof, and any Event of Default specified in clause (d) of Section 6.01 hereof to the extent such Event of Default arises with respect to the representations set forth in Section 4.01 hereof.

Examples of Entity Event of Default in a sentence

  • No Project Entity Event of Default is continuing under any Stream Document.

  • The landlady filed an Eviction Petition under Section 13 of the East Punjab Urban Rent Control Act, (hereinafter referred to as "the Act") seeking eviction of both the respondents on two grounds; namely, (i) non-payment of rent, and (ii) sub-letting.

  • Vale agrees that all amounts owing by Vale under this Section 11.1(a) shall be payable by Vale to the Purchaser promptly after receipt of written demand from the Purchaser (a “Payment Demand”) following the occurrence of a Vale Entity Event of Default that is continuing.

  • If the Purchaser so requests at any time after the occurrence and during the continuation of a Nevada Entity Event of Default, any such obligation or indebtedness of the Seller to the Guarantor shall be enforced and performance received by the Guarantor as trustee for the Purchaser and the proceeds thereof shall be paid over to the Purchaser on account of the Obligations, but without reducing or affecting in any manner the liability of the Guarantor under this Agreement.

  • The Excelsior Entities shall notify the Purchaser promptly following it obtaining knowledge of the occurrence of an Excelsior Entity Event of Default and promptly following it obtaining knowledge of any matter that has had or is reasonably likely to have a Material Adverse Effect or is reasonably likely to result in an Excelsior Entity Event of Default.

  • The Bonds shall, subject to Section 2.10 hereof, bear interest as set forth in the Indenture; provided; however, that at all times during the continuance of a Public Entity Event of Default, or upon the occurrence of any other Material Event of Default that is not cured within thirty (30) days, the Bonds shall bear interest at the Default Rate.

Related to Entity Event of Default

  • Liquidity Event of Default means the occurrence of either (a) the Acceleration of all of the Equipment Notes or (b) an American Bankruptcy Event.

  • 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).

  • 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;

  • 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)).

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • 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).

  • 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.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Event of Default has the meaning specified in Section 8.01.

  • Owner Event of Default shall have the meaning set forth in Section 12.3 hereof

  • Specified Event of Default means an Event of Default under Section 7.01(a), (b), (h) or (i).

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Senior Event of Default means an Event of Default under a Senior Financing Agreement.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Loan Event of Default An “Event of Default” as defined in the Loan Agreement.

  • 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).

  • Bond Event of Default means the occurrence of any of the following (or such event or condition which with notice or lapse of time or both would constitute any of the following):

  • 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.

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;