Event(s) of Lease Default means any event as defined in Section 13.1 of this Lease.

Event(s) of Lease Default means any event as defined in Section 14.1 of this Lease. “Event of Nonappropriation” means the termination and non-renewal of this Lease by the

Event(s) of Lease Default means any event as defined in Section 15.1 of this Lease.

Examples of Event(s) of Lease Default in a sentence

Section 13.1 Events of Lease Default Defined 40 Section 13.2 Remedies on Default 40 Section 13.3 Limitations on Remedies 41 Section 13.4 No Remedy Exclusive 42 Section 13.5 Waivers 42 Section 13.6 Agreement to Pay Attorneys’ Fees and Expenses 42 Section 13.7 Waiver of Appraisement, Valuation, Stay, Extension and Redemption Laws.
ARTICLE 14EVENTS OF LEASE DEFAULT AND REMEDIES Section 14.1 Events of Lease Default Defined.

More Definitions of Event(s) of Lease Default

Event(s) of Lease Default means any event as defined in Section 13.1 of this Lease. “Event of Nonappropriation” means the termination and non-renewal of this Lease by the Town, determined by the Council’s failure, for any reason, to appropriate by the last day of each Fiscal Year, (a) sufficient amounts to be used to pay Base Rentals due in the next Fiscal Year and (b) sufficient amounts to pay such Additional Rentals as are estimated to become due in the next Fiscal Year, as provided in Section 6.4 of this Lease. An Event of Nonappropriation may also occur under certain circumstances described in Section 9.3(c) of this Lease. The term also means a notice under this Lease of the Town’s intention to not renew and therefore terminate this Lease or an event described in this Lease relating to the exercise by the Town of its right to not appropriate amounts due as Additional Rentals in excess of the amounts for which an Appropriation has been previously effected.

Event(s) of Lease Default means any event as defined in Section 15.1 of this Lease. “Event of NonappropriationNon-appropriation” means the termination and non-renewal of this Lease by the City, determined by the City Council’s failure, for any reason, to appropriate by the last day of each Fiscal Year,: (a) sufficient amounts to be used to pay Series 2020A Base Rentals due in the next Fiscal Year,; (b) sufficient amounts to be used to pay Series 2020B Base Rentals due in the next Fiscal Year; and (c) sufficient amounts to pay such Additional Rentals as are estimated to become due in the next Fiscal Year, as provided in Section 7.2 of this Lease. An Event of NonappropriationNon-appropriation may also occur under certain circumstances described in Section 11.3(c) of this Lease. The term also means a notice under this Lease of the City’s intention to not renew and therefore terminate this Lease or an event described in this Lease relating to the exercise by the City of its right to not appropriate amounts due as Additional Rentals in excess of the amounts for which an Appropriation has been previously effected.

Event(s) of Lease Default means any event as defined in Section 14.1 of this

Events of Default has the meaning specified in Section 6.01.
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):
Collateral Event of Default has the meaning set forth in Section 13.01(b).
Event of Default has the meaning specified in Section 8.01.
Specified Event of Default means any Event of Default under Section 8.01(a), Section 8.01(f) or Section 8.01(g).
Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p).