Fund Event of Default definition

Fund Event of Default means an Event of Default with respect to a Fund (A) of any of the types described in paragraphs (e) or (i) of this Section 7, or (B) arising from such Fund’s failure to comply with the covenants set forth in Section 5.3, 5.4, 5.5 or 6.5. “Fund Default” shall mean any of the events giving rise to a Fund Event of Default, whether or not any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied.
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Fund Event of Default means an Event of Default with respect to a --------------------- Fund as a whole and not with respect to any Borrower or a Fund acting on behalf of a Borrower (A) of any of the types described in paragraphs (d), (e), (g), or (i) of this Section 7, or (B) arising from such Fund's failure to comply with the covenants set forth in Sections 5.3, 5.4, 5.5 or 6.5. "Fund Default" shall ------------ mean any of the events giving rise to Fund Events of Default, whether or not any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied. Notwithstanding anything herein to the contrary, a Default or Event of Default with respect to one Borrower shall not constitute a Default or Event of Default with respect to any other Borrower.
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Fund Event of Default means an Event of Default with respect to a Fund as --------------------- a whole and not with respect to any Borrower or a Fund acting on behalf of a Borrower (A) of any of the
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Examples of Fund Event of Default in a sentence

  • The Administrative Agent shall be deemed not to have knowledge of any Default, Event of Default, Fund Default or Fund Event of Default unless and until notice describing such Default, Event of Default, Fund Default or Fund Event of Default is given to the Administrative Agent by a Borrower or a Bank.

  • For this purpose (and without limiting the scope of the above exclusion in respect of indirect or consequential loss or damage) any loss or damage suffered by the Fund as a result of the breach, act or omission in question also having been or having given rise to a Fund Event of Default shall be treated as indirect or consequential loss or damage.


More Definitions of Fund Event of Default

Fund Event of Default means any of:
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Fund Event of Default means an Event of Default with respect to a Fund (A) of any of the types described in paragraphs (b), (f), (g), (h) or (k) of this Section 9, or (B) arising from such Fund's failure to comply with the covenants set forth in Sections 8.3, 8.4 and 8.5 hereof. "Fund Default" shall mean any of the covenants giving rise to Fund Events of Default, whether or not any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied.
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Fund Event of Default means an Event of Default with respect to a Fund (A) of any of the types described in paragraphs (b), (f), (g), (h) or (k) of this SECTION 9, or (B) arising from such Fund's failure to comply with the covenants set forth in SECTIONS 8.3, 8.4 and 8.5 hereof. "FUND DEFAULT" shall mean any of the covenants giving rise to Fund Events of Default, whether or any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied.
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Fund Event of Default has the meaning specified in Section 8.01.
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Fund Event of Default means an Event of Default as defined in the Finance Agreement.
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Fund Event of Default means an Event of Default with respect to a Fund (A) of any of the types described in paragraphs (b), (f), (g), (h) or (k) of this SECTION 9, or (B) arising from such Fund's failure to comply with the covenants set forth in SECTIONS 8.3, 8.4 and 8.5 hereof. "FUND DEFAULT" shall mean any of the covenants giving rise to Fund Events of Default, whether or any requirement for the giving of notice, the lapse of time, or both, or any other condition, has been satisfied. If a Fund is organized as a business trust, the parties hereto acknowledge and agree that every note, bond, contract, instrument, certificate or undertaking and every other act or thing whatsoever issued, executed or done by or on behalf of such Fund on behalf of itself or a Borrower by any trustee thereof in connection with the Fund shall be conclusively deemed to have been issued, executed or done only in or with respect to his or her capacity as a trustee and such trustee shall not be personally liable thereon. Neither such Fund nor any of its trustees, nor any officer, employee nor agent of such Fund shall have any power to bind personally any shareholders thereof, nor to call upon any such shareholder for the payment of any sum of money or assessment whatsoever other than such as such shareholder may at any time personally agree to pay.
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Related to Fund Event of Default

  • 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).

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

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

  • 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.

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

  • 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)).

  • Issuer Event of Default means the occurrence of any of the following events:

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

  • Owner Event of Default shall have the meaning set forth in Section 18.3.

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

  • 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.

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

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Senior Event of Default means an Event of Default under the Senior Loan Documents.

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

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

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

  • Servicer Event of Default One or more of the events described in Section 7.01.

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

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

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

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

  • 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;

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

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.