General Default definition
General Default has the meaning given to it in Condition 18.1; General Termination Event means an event pursuant to which this Agreement is terminated pursuant to Condition 18.5;
General Default means either a General (A) Default or a General (B) Default;
General Default. The occurrence of any Event of Default, other than any Event of Default which also constitutes a Borrowing Base Default, an Extended Borrowing Base Default or a Tranche C Payment Default.
Examples of General Default in a sentence
Upon a Notice of Default that is given with respect to a General Default, the Grantors shall have thirty (30) days thereafter to cure the General Default before Mengnu may exercise any remedies.
Upon the occurrence of a General Default, Licensor may terminate this Agreement (and all Licenses granted hereunder) by providing written notice thereof to Licensee; provided, however, that a General Default under section 10.5 caused only by a particular Sublicensee shall allow Licensor to terminate all Licenses operated by such Sublicensee (rather than all Licenses under this Agreement).
For the avoidance of doubt, a General Default not under section 10.5 shall allow Licensor to terminate this Agreement and all Licenses hereunder.
Any Default under section 10.5 shall be deemed a Facility Default (with respect to each applicable Facility) if such default pertains solely to one or more particular Facilities (but not to all Facilities) and a General Default if such default pertains to all Facilities.
Upon the occurrence of a General Default, Licensor may terminate this Agreement (and all Licenses granted hereunder) by providing written notice thereof to Licensee.
More Definitions of General Default
General Default. The occurrence of an Event of Default, other than an Event of Default which constitutes a Borrowing Base Default or a Tranche B Payment Default. "GENERAL INTANGIBLES": Includes, without limitation, "general intangibles" as defined in the UCC; and also all: rights to payment for credit extended; deposits; amounts due to the Borrowers; credit memoranda in favor of the Borrowers; warranty claims; tax refunds and abatements; insurance refunds and premium rebates; all means and vehicles of investment or hedging, including, without limitation, options, warrants, and futures contracts; records; customer lists; telephone numbers; goodwill; causes of action; judgments; payments under any settlement or other agreement; literary rights; rights to performance; royalties; license and/or franchise fees; rights of admission; licenses; franchises; license agreements, including all rights of the Borrowers to enforce the foregoing; permits, certificates of convenience and necessity, and similar rights granted by any governmental authority; patents, patent applications, patents pending, and other intellectual property; internet addresses and domain names; developmental ideas and concepts; proprietary processes; blueprints, drawings, designs, diagrams, plans, reports, and charts; catalogs; manuals; technical data; computer software programs (including the source and object codes therefor and related documentation), computer records, databases, rights of access to computer record service bureaus, service bureau computer contracts, ____ and computer data; tapes, disks, semi-conductor chips and printouts; trade secrets, copyrights, copyrightable materials, _____ copyright ____ registrations ____ and applications, mask work rights and interests, and derivative works and interests; user, technical reference, and other manuals and materials; trade names, trademarks, service marks, and all goodwill relating thereto; registrations and applications for registration of the foregoing; letter of credit rights, including, without limitation the proceeds of letters of credit, whether or not written; and all other intangible property of the Borrower in the nature of intellectual property; proposals; cost
General Default means an act or omission on the part of the Supplier which is not a material breach of this Agreement or which otherwise the Council chooses to treat as a GDPR means the General Data Protection Regulation (Regulation (EU) 2016/679), Home means the self contained accommodation to be made available for the Service Users by the Supplier in the performance of the Services, Information Commissioner means the United Kingdom’s independent data protection authority established under Part 5 of the Data Protection ▇▇▇ ▇▇▇▇, Insolvency Act means the Insolvency ▇▇▇ ▇▇▇▇ and any re-enactments, amendments and relevant regulations, Law means:
General Default means the occurrence of any Event of Default other than any Event of Default which also constitutes a Borrowing Base Default or Second Supplemental Loan Payment Default.
General Default has the meaning given to it in Condition 19.1; 1 The GLA may from time to time notify the Lead Partner in writing of a variation to the form and contents of the Financial Confirmation and the Lead Partner shall promptly ensure that any subsequent Financial Confirmation complies with such variation. General Termination Event means an event pursuant to which this Agreement is terminated pursuant to Condition 19.5;
General Default means an act or omission on the part of the Supplier which is not a Home means the self-contained accommodation to be made available for the Service Users by the Supplier in the performance of the Services Hotel Register means a register of Clients currently occupying the HRA means the Homelessness Reduction Act 2017 referred to in the Service Specification Insolvency Act means the Insolvency Act 1986 and any re-enactments,
General Default. Permitted SubDebt"
General Default means an act, error or omission on the part of the Landlord which is not a material breach or Serious Default of this Agreement or which the Council chooses to treat as a General Default. Health and Safety Policy means the health and safety policy of the Council, as provided to the Landlord on or before the Commencement Date, and as subsequently updated and provided to the Landlord from time to time.