Event of Default definition

Event of Default has the meaning specified in Section 8.01.
Event of Default wherever used herein, means any one of the following events (whatever the reason for such 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):
Event of Default has the meaning specified in Section 5.1.

Examples of Event of Default in a sentence

  • Unless an Event of Default shall occur, Borrower shall have the right at any time prior to the Maturity Date, upon thirty (30) days’ notice to the Holder, to prepay the Note by making a payment to Lender equal to 110% multiplied by the sum of (i) the outstanding Principal Xxxxxx, (ii) all accrued and unpaid interest, (iii) all unaccrued interest through the remainder of the Term that is guaranteed pursuant to Section 1.2 above, and (iv) any other amounts due under the Note.

  • If, at any time Borrower does not maintain the Reserved Amount it will be considered an Event of Default under Section 3.2 of the Note.

  • Failure to become DTC registered as provided herein shall be an Event of Default under Section 4.22 of this Note.

  • In addition to the Event of Default in Section 4.21, the Common Stock is otherwise not eligible for trading through the DTC’s Fast Automated Securities Transfer or Deposit/Withdrawal at Custodian programs, provided however that if the Borrower is not DTC registered on the Issue Date, the Borrower shall have 30 days from the Issue Date to become DTC registered.

  • The Company acknowledges and agrees that if the Company breaches any covenants set forth in this Section, in addition to any other remedies available to the Purchaser pursuant to this Agreement, it will be considered an Event of Default under Section 4.3 of the Note.


More Definitions of Event of Default

Event of Default has the meaning assigned to such term in Article VII.
Event of Default has the meaning specified in Section 501.
Event of Default means, with respect to the Mortgage Loan, an “Event of Default” as defined in the Mortgage Loan Agreement.
Event of Default wherever used herein with respect to Securities of any series, means any one of the following events (whatever the reason for such 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):
Event of Default means, wherever used herein with respect to the Securities, any one of the following events (whatever the reason for such 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):
Event of Default wherever used herein, means any one of the following events:
Event of Default shall have the meaning specified in Section 6.01.